NASDAQ$MCFT
MasterCraft Boat Holdings Inc · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
MasterCraft Boat Holdings Inc reported sharply lower Q4 net sales and a net loss from continuing operations amid reduced unit volumes and impairment charges.
For the fourth quarter ended June 30, 2024, consolidated net sales fell 59.7% to $67.2 million due to lower unit volume and unfavorable mix. The company recorded a net loss from continuing operations of $8.1 million and Adjusted EBITDA of $0.8 million. Full-year results showed net sales of $366.6 million and net income from continuing operations of $8.7 million.
- Q4 net sales declined 59.7% year-over-year to $67.2 million driven by 62.1% lower consolidated unit volume.
- Q4 net loss from continuing operations was $8.1 million ($0.49 per diluted share) including $9.8 million Aviara impairment.
- Adjusted EBITDA for Q4 was $0.8 million (1.3% margin) versus $32.7 million (19.6% margin) in the prior-year quarter.
- Fiscal 2025 guidance projects net sales of $265-300 million, Adjusted EBITDA of $15-26 million, and Adjusted EPS of $0.36-0.87.
Headline financials
Revenue & EPS history
MasterCraft · Revenue · Quarterly
$67.2M
Revenue by segment
MasterCraft · $54.3M total across 2 segments · Q4 2024
- MasterCraft$44.4M-65.7%81.8%
- Pontoon$9.9M—18.2%
Forward guidance
Fiscal 2025 consolidated net sales expected between $265 million and $300 million with Adjusted EBITDA of $15-26 million and Adjusted EPS of $0.36-0.87; Q1 2025 net sales approximately $61 million.
Tailwinds
- Production plan prioritizes dealer health and inventory destocking
- Strong balance sheet with $86.2 million cash and investments
Headwinds
- Elevated interest rates and competitive retail environment persist
- Above-optimal dealer inventory levels increase carrying costs
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+1.6%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+1.2%
Avg return
30 days after
64%
30 / 47 earnings
Positive
+28.5%
Q1 2025
Best reaction
-20.5%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +1.5% | +3.1% | -9.0% | |
| Q2 2026 | +6.4% | +4.5% | -14.7% | |
| Q1 2026 | +6.7% | -10.7% | -15.6% | |
| Q4 2025 | +10.2% | +5.0% | +4.4% | |
| Q3 2025 | +11.6% | +12.5% | +13.1% | |
| Q1 2025 | +28.5% | +24.1% | +15.0% | |
| Q4 2024 | -6.0% | -11.7% | -8.8% | |
| Q3 2024 | +0.8% | +4.4% | +2.8% | |
| Q2 2024 | +5.0% | +14.6% | +5.3% | |
| Q1 2024 | -5.9% | -8.6% | -2.0% | |
| Q4 2023 | -12.8% | -8.3% | -11.0% | |
| Q3 2023 | -4.0% | -2.3% | +4.0% | |
| Q2 2023 | +5.8% | +7.2% | +4.0% | |
| Q1 2023 | +9.5% | +9.2% | +13.7% | |
| Q4 2022 | -10.9% | -8.9% | -17.4% | |
| Q3 2022 | -5.0% | -3.9% | -6.1% | |
| Q2 2022 | +3.0% | +10.2% | +1.6% | |
| Q1 2022 | +1.6% | +3.4% | -3.5% | |
| Q4 2021 | +1.4% | -2.5% | -1.7% | |
| Q3 2021 | +11.2% | +12.2% | -10.6% | |
| Q2 2021 | -3.1% | -5.9% | +7.8% | |
| Q1 2021 | +4.1% | +7.1% | +4.6% | |
| Q4 2020 | -20.3% | -25.6% | -11.0% | |
| Q3 2020 | +4.2% | +12.6% | +72.2% | |
| Q2 2020 | +11.7% | +9.1% | -14.0% | |
| Q1 2020 | +7.7% | +4.8% | -2.8% | |
| Q4 2019 | -20.5% | -18.7% | -21.8% | |
| Q3 2019 | +2.7% | +1.8% | -16.5% | |
| Q2 2019 | -9.7% | -8.2% | -5.3% | |
| Q1 2019 | -15.4% | -14.5% | -30.8% | |
| Q4 2018 | +23.2% | +32.4% | +21.7% | |
| Q3 2018 | +8.7% | +12.6% | +18.4% | |
| Q2 2018 | +15.7% | +6.8% | +16.1% | |
| Q1 2018 | -4.4% | -0.7% | +3.6% | |
| Q4 2017 | +1.2% | +2.5% | +24.6% | |
| Q3 2017 | +7.1% | +5.5% | +5.7% | |
| Q2 2017 | +0.3% | +3.7% | +9.1% | |
| Q1 2017 | +9.5% | +7.7% | +18.8% | |
| Q4 2014 | -6.7% | -14.9% | -8.3% | |
| Q4 2016 | -8.5% | -14.0% | -9.4% | |
| Q3 2015 | +7.0% | — | — | |
| Q3 2016 | +5.4% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q2 2016 | -2.3% | — | — | |
| Q1 2015 | +5.8% | — | — | |
| Q1 2016 | +3.2% | — | — | |
| Q4 2015 | -7.8% | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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