MasterCraft Boat Holdings (MCFT) Q3 2025

Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025

Earnings

MasterCraft Boat Holdings delivered a stronger-than-expected fiscal third quarter, posting adjusted earnings of $0.30 per diluted share against a Street consensus of $0.18, a beat of 70.45%, even as the recreational boating market continued to grind … Read more MasterCraft Boat Holdings delivered a stronger-than-expected fiscal third quarter, posting adjusted earnings of $0.30 per diluted share against a Street consensus of $0.18, a beat of 70.45%, even as the recreational boating market continued to grind through a demand trough. Revenue came in at $75.96 million, edging past the $74.85 million consensus by 1.48%, though the top line still fell 9.6% year-over-year as the company deliberately curtailed production to shrink dealer inventory by roughly 30%. The intentional volume pullback, which saw shipments drop to 619 units from 766 a year ago, pressured gross margin by 250 basis points to 20.8%, yet a favorable shift toward higher-priced models helped net sales per unit climb 11.8% to $123,000, softening the blow. With a debt-free balance sheet carrying $66.52 million in cash and $100 million of untapped credit, management navigated the downturn from a position of financial strength, though revised full-year guidance to approximately $275 million in net sales and $0.71 in adjusted EPS signals that meaningful recovery remains a future-quarter story.