MasterCraft (MCFT) Tops Q3 EPS by 32c, Beats on Revenue; Offers FY23 Guidance

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MasterCraft Boat Holdings, Inc. Reports Fiscal 2023 Third Quarter Results

May 10, 2023 7:30 AM EDT

VONORE, Tenn., May 10, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2023 third quarter ended April 2, 2023.

Highlights:

Unless otherwise indicated, the highlights and commentary provided herein relate to our continuing operations, which exclude the NauticStar segment results reported as discontinued operations.

Net sales for the third quarter were $166.8 million, down 1.5% from the prior-year periodNet income from continuing operations was $22.8 million, or $1.28 per diluted share, down 6.3% and... More