MasterCraft's Q4 results were expectedly bleak. The divestment of Aviara creates better short-term profitability and a better operational focus on core brands. The given FY2025 outlook is very conservative, expecting dealer destocking and industry struggles to still persist against Malibu Boats' more optimistic outlook.
MCFT's fiscal fourth-quarter top line is negatively impacted by lower unit volume and unfavorable model mix and options.
MasterCraft Boat Holdings, Inc. (MCFT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to earnings of $1.37 per share a year ago.
There are some great companies listed on U.S. stock exchanges. However, their success stories are widely known, meaning their stock prices likely have these stories placed in.