MasterCraft (MCFT) Tops Q3 EPS by 31c

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

May 12, 2021 7:30 AM EDT

VONORE, Tenn., May 12, 2021 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2021 third quarter ended April 4, 2021.

Highlights:

Delivered the most profitable quarter in the Companys historyNet sales increased to a record $147.9 million, up 44 percent from $102.6 million in the prior-year periodGross margin expanded by 450 basis points to 25.2%Net income was $17.6 million or $0.93 per diluted... More