MasterCraft (MCFT) Tops Q2 EPS by 8c, Revenues Beat

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

February 5, 2020 7:30 AM EST

VONORE, Tenn., Feb. 05, 2020 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2020 second quarter ended December 29, 2019.

Second Quarter Highlights:

Net sales for the second quarter decreased to $99.6 million, down 18.0 percent from $121.5 million in the prior-year period.GAAP net income was $6.9 million, down 32.5 percent from $10.2 million in the prior-year period.GAAP diluted earnings per share decreased in the second quarter by $0.17, or 31.5 percent to $0.37, from the prior year period.Diluted Adjusted Net Income per share,... More