Malibu Boats (MBUU) Tops Q3 EPS by 15c, Revenues Miss
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Malibu Boats, Inc. Announces Third Quarter Fiscal 2020 Results
May 7, 2020 7:01 AM EDTLOUDON, Tenn., May 07, 2020 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the third quarter ended March 31, 2020.
Highlights for the Third Quarter of Fiscal Year 2020
Net sales decreased 8.8% to $182.3 million compared to the third quarter of fiscal year 2019.Unit volume decreased 14.2% to 1,796 boats compared to the third quarter of fiscal year 2019.Net sales per unit increased 6.3% to $101,509 per unit compared to the third quarter of fiscal year 2019.Gross profit decreased 7.8% to $45.8 million compared to the third... More