Malibu Boats (MBUU) Tops Q4 EPS by 13c
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Malibu Boats, Inc. Announces Fourth Quarter and Fiscal 2019 Results
August 29, 2019 7:00 AM EDTLOUDON, Tenn., Aug. 29, 2019 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2019.
Highlights for the Fourth Quarter of Fiscal Year 2019
Net sales increased 40.5% to $194.8 million compared to the fourth quarter of fiscal year 2018.Unit volume increased 16.6% to 1,992 boats compared to the fourth quarter of fiscal year 2018.Net sales per unit increased 20.5% to $97,802 per unit compared to the fourth quarter of fiscal year 2018.Gross profit increased 42.3% to $47.7 million compared to the fourth... More