MasterCraft (MCFT) Tops Q1 EPS by 10c, Revenues Beat

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MasterCraft Boat Holdings, Inc. Reports Fiscal 2020 First Quarter Results

November 7, 2019 8:00 AM EST

VONORE, Tenn., Nov. 07, 2019 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2020 first quarter ended September 29, 2019.

First Quarter Highlights:

Net sales increased to $109.8 million, up 17.2 percent from $93.6 million in the prior-year period.GAAP net income was $8.6 million, up slightly from $8.5 million in the prior-year period.GAAP diluted earnings per share increased in the first quarter by $0.01, up 2.2 percent to $0.46, from the prior year period.Diluted Adjusted Net Income per share, a non-GAAP measure, was... More