Malibu Boats, Inc. Announces Record Second Quarter Fiscal 2020 Results
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Malibu Boats (MBUU) Tops Q2 EPS by 23c, Revenues Beat
February 6, 2020 7:17 AM ESTMalibu Boats (NASDAQ: MBUU) reported Q2 EPS of $0.93, $0.23 better than the analyst estimate of $0.70. Revenue for the quarter came in at $180.1 million versus the consensus estimate of $164.13 million.
Highlights for the Second Quarter of Fiscal Year 2020
Net sales increased 8.6% to $180.1 million compared to the second quarter of fiscal year 2019.Unit volume increased 2.5% to 1,804 boats compared to the second quarter of fiscal year 2019.Net sales per unit increased 6.0% to $99,840 per unit compared to the second quarter of fiscal year 2019.Gross profit increased 4.1% to... More