MasterCraft Boat Holdings, Inc. Reiterates Earnings Guidance for the Fiscal Third Quarter and Full Year 2024
March 04, 2024 at 08:30 am EST
Share
MasterCraft Boat Holdings, Inc. reiterated earnings guidance for the fiscal third quarter and full year 2024. The Company also reiterated its fiscal third quarter and full year 2024 guidance that was previously provided on February 7, 2024. For the third quarter of fiscal 2024, consolidated net sales is expected to be approximately $92 million.
For the year, Consolidated net sales are expected to be between $400 million and $412 million.
MasterCraft Boat Holdings, Inc. is a designer, manufacturer and marketer of recreational powerboats through its three brands, MasterCraft, Crest and Aviara. It designs, manufactures and sells premium recreational inboard ski/wake, outboard and sterndrive boats. In addition, it offers various accessories, including trailers and aftermarket parts. The Companyâs segments include MasterCraft, Crest and Aviara. MasterCraft segment consists of its MasterCraft brand, which manufactures premium ski/wake boats. The MasterCraft participates in a category within the powerboat industry by producing the industryâs premier competitive water ski, wakeboarding, and wake surfing performance boats. Crest segment consists of its Crest brand, which manufactures pontoon boats. Aviara segment consists of its Aviara brand, which manufactures luxury day boats. Aviara is a de novo brand, developed in-house, and focused on serving the luxury recreational day boat category of the powerboat industry.