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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.
MasterCraft
MasterCraft
MasterCraft Revenue by Segment
Revenue by Segment
MasterCraft Revenue
CapyFin.com 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.