MasterCraft Boat Holdings, Inc. (MCFT) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.12 per share a year ago.
MasterCraft, Melco Resorts and Planet Fitness are poised for earnings beats as strong demand, innovation and expansion drive sector momentum.
MasterCraft Boat Holdings, Inc. (MCFT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
| Household Durables Industry | Consumer Discretionary Sector | Bradley M. Nelson CEO | XMUN Exchange | US57637H1032 ISIN |
| US Country | 920 Employees | 13 Jun 2016 Last Dividend | - Last Split | 17 Jul 2015 IPO Date |
MasterCraft Boat Holdings, Inc., a prominent entity in the recreational powerboats industry, operates through various segments, including MasterCraft, Crest, and Aviara. Founded in 2000 and headquartered in Vonore, Tennessee, the company initially known as MCBC Holdings, Inc., underwent a name change in November 2018 to better reflect its diversified product offerings. MasterCraft Boat Holdings, Inc. specializes in designing, manufacturing, and marketing a wide range of premium recreational powerboats. These boats cater to enthusiasts of water skiing, wakeboarding, wake surfing, and general recreational boating. The company leverages a network of independent dealers across North America and international markets to distribute its products under the MasterCraft, Crest, and Aviara brands, showcasing a commitment to quality and innovation.
Concentrating on the production of premium recreational performance sport boats, this segment caters to water sports enthusiasts. The boats are designed for activities such as water skiing, wakeboarding, wake surfing, and general recreational boating, highlighting the company's focus on performance and innovation.
This segment offers pontoon boats, which are well-suited for general recreational boating. Crest pontoon boats are recognized for their comfort, versatility, and adaptability, providing an ideal solution for families and groups seeking leisure on the water.
Aviara produces luxury day boats that elevate the recreational boating experience. These boats are designed with premium materials and cutting-edge technology, targeting consumers looking for high-end recreational boating options.
MasterCraft Boat Holdings, Inc. also offers a variety of other boating options including ski/wake, outboard, and sterndrive boats. These offerings cater to a wide range of boating activities and preferences, ensuring there is a MasterCraft boat for almost every water-based recreational activity.
Aside from boats, the company provides an assortment of accessories to enhance the boating experience. This includes trailers for easy transportation and aftermarket parts for customization and repairs, allowing customers to maintain and personalize their boats effectively.