Malibu Boats, Inc. Announces Second Quarter Fiscal 2019 Results
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Malibu Boats (MBUU) Tops Q2 EPS by 12c, Revenues Beat
February 6, 2019 7:06 AM ESTMalibu Boats (NASDAQ: MBUU) reported Q2 EPS of $0.86, $0.12 better than the analyst estimate of $0.74. Revenue for the quarter came in at $165.8 million versus the consensus estimate of $149.83 million.
Net sales increased 45.0% to $165.8 million compared to the second quarter of fiscal year 2018.Unit volume increased 18.2% to 1,760 boats compared to the second quarter of fiscal year 2018.Net sales per unit increased 22.6% to $94,200 per unit compared to the second quarter of fiscal year 2018.Gross profit increased 39.2% to $38.3 million compared to the second quarter of fiscal year... More