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Dec 31, 2020
Malibu Boats Q2 2021 Earnings Report
Announced second quarter fiscal 2021 results, demonstrating growth in net sales, gross profit, and net income compared to the same quarter of the previous year.
Key Takeaways
Malibu Boats, Inc. reported an 8.6% increase in net sales to $195.6 million for the second quarter of fiscal year 2021. Gross profit increased by 24.1% to $49.5 million, and net income increased by 25.8% to $22.1 million. The company's performance was driven by strong retail demand and operational excellence.
Net sales increased 8.6% to $195.6 million.
Gross profit increased 24.1% to $49.5 million.
Net income increased 25.8% to $22.1 million.
Adjusted fully distributed net income per share increased 31.2% to $1.22.
Revenue by Segment
Forward Guidance
For fiscal year 2021, Malibu anticipates revenue growth greater than 35% year-over-year and Adjusted EBITDA margins of approximately 20.5%.
Positive Outlook
- Revenue growth greater than 35% year-over-year
- Adjusted EBITDA margins of approximately 20.5%.
- Demand for premium brands
- Upgraded features and options
- Building more boats than ever before
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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