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Dec 29, 2024
MasterCraft Q2 2025 Earnings Report
MasterCraft reported a decrease in net sales due to planned lower unit volumes, but executed well during the quarter by delivering results above expectations.
Key Takeaways
MasterCraft Boat Holdings, Inc. reported second quarter fiscal 2025 results with net sales of $63.4 million, down 29.4% from the prior year. Income from continuing operations was $0.4 million, or $0.03 per diluted share, while adjusted net income was $1.7 million, or $0.10 per diluted share. The company narrowed its full year guidance and expects consolidated net sales to be between $275 million and $295 million.
Net sales for the second quarter were $63.4 million, down 29.4% from the prior-year period.
Income from continuing operations was $0.4 million, or $0.03 per diluted share.
Adjusted Net Income was $1.7 million, or $0.10 per diluted share.
All debt amounts have been repaid, leaving $62.9 million of cash and investments.
MasterCraft
MasterCraft
MasterCraft Revenue by Segment
Revenue by Segment
MasterCraft Revenue
CapyFin.comPontoon Revenue
CapyFin.com Forward Guidance
The Company’s outlook is as follows: •For full year fiscal 2025, we now expect consolidated net sales to be between $275 million and $295 million, with Adjusted EBITDA between $19 million and $24 million, and Adjusted Earnings per share between $0.64 and $0.86. We continue to expect capital expenditures to be approximately $12 million for the year. •For fiscal third quarter 2025, consolidated net sales are expected to be approximately $75 million, with Adjusted EBITDA of approximately $5 million, and Adjusted Earnings per share of approximately $0.17.
Positive Outlook
- Consolidated net sales are expected to be approximately $75 million for fiscal third quarter 2025
- Adjusted EBITDA of approximately $5 million for fiscal third quarter 2025
- Adjusted Earnings per share of approximately $0.17 for fiscal third quarter 2025
- Consolidated net sales to be between $275 million and $295 million for full year fiscal 2025
- Adjusted EBITDA between $19 million and $24 million for full year fiscal 2025
Revenue & Expenses
Visualization of income flow from segment revenue to net income