MasterCraft (MCFT) Tops Q2 EPS by 24c, Revenues Beat

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MasterCraft Boat Holdings, Inc. Reports Record Earnings forĀ Fiscal 2021 Second Quarter

February 10, 2021 7:30 AM EST

VONORE, Tenn., Feb. 10, 2021 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2021 second quarter ended January 3, 2021.

Highlights:

Most profitable second quarter in the Companys historyNet sales increased to $118.7 million, up 19 percent from $99.6 million in the prior-year periodGross margin expanded by 340 basis points to 24.7%Net income was $12.5 million or $0.66 per diluted share, a 78 percent increase from $0.37 in the prior-year... More