Malibu Boats (MBUU) Tops Q1 EPS by 13c, Revenues Beat

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Malibu Boats, Inc. Announces First Quarter Fiscal 2020 Results

November 7, 2019 7:00 AM EST

LOUDON, Tenn. , Nov. 07, 2019 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the first quarter ended September 30, 2019.

Highlights for the First Quarter of Fiscal Year 2020

Net sales increased 39.4% to $172.1 million compared to the first quarter of fiscal year 2019.Unit volume increased 13.9% to 1,727 boats compared to the first quarter of fiscal year 2019.Net sales per unit increased 22.3% to $99,641 per unit compared to the first quarter of fiscal year 2019.Gross profit increased 31.1% to $40.0 million compared... More