MasterCraft (MCFT) Tops Q1 EPS by 25c, Revenues Beat

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MasterCraft Boat Holdings, Inc. Reports Record Earnings for Fiscal 2021 First Quarter

November 11, 2020 7:30 AM EST

VONORE, Tenn., Nov. 11, 2020 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2021 first quarter ended October 4, 2020.

Highlights:

Most profitable first quarter in the Companys historyPurchase of Merritt Island, Florida facility completed on October 26, 2020, increasing production capacity for the MasterCraft and Aviara brandsNet sales for the first quarter decreased to $103.7 million, down 5.5 percent from $109.8 million in the prior-year periodNet... More