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Jun 30, 2021
MasterCraft Q4 2021 Earnings Report
Announced record fourth quarter and fiscal year 2021 results.
Key Takeaways
MasterCraft Boat Holdings, Inc. reported record fourth-quarter results with net sales increasing to $155.5 million, a 204% increase, and net income of $16.5 million, or $0.87 per diluted share. The company delivered the most wholesale units ever sold in a fourth quarter, driven by year-over-year unit increases at each of its segments.
Net sales increased to a record $155.5 million, up 204%.
Gross margin expanded by 940 basis points to 23.9%.
Net income was $16.5 million or $0.87 per diluted share.
Diluted Adjusted Net Income per share, a non-GAAP measure, was $0.98.
Revenue by Segment
Forward Guidance
For full year fiscal 2022, consolidated net sales growth is expected to be up in the high-teens percent range, with Adjusted EBITDA margins flat year-over-year, and Adjusted Earnings per share growth up in the high-teens percent range year-over-year. For fiscal first quarter 2022, consolidated net sales growth is expected to be up in the mid-30 percent range, with Adjusted EBITDA margins in the low-14 percent range, and Adjusted Earnings per share growth up in the low-20 percent range year-over-year.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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