MasterCraft (MCFT) Tops Q4 EPS by 1c, Comments on Outlook

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MasterCraft Reports Fiscal 2015 Fourth-Quarter and Full-Year Results

September 17, 2015 4:00 PM EDT

VONORE, Tenn., Sept. 17, 2015 (GLOBE NEWSWIRE) -- MasterCraft (NASDAQ: MCFT) today announced financial results for its fiscal 2015 fourth quarter and full year ended June 30, 2015.

Highlights:

Fiscal 2015 full-year sales rose 21 percent to $214.4 million, with fourth-quarter net sales increasing 6 percent to $54.9 million Fully diluted pro forma adjusted net income per share totaled $0.79 for fiscal 2015 and $0.20 for the fourth quarter MasterCraft unit volume grew 19 percent for fiscal 2015 to 2,547 units, and 2.5 percent for the three-month period to 626 units Adjusted EBITDA increased 71 percent for the fiscal year to $31.5 million Fiscal 2015 gross... More