MasterCraft Announces Quarterly Financial Results
February 7, 2025
The builder reported a 29.4% decline in net sales to $63.4 million during its fiscal second quarter.
The builder reported a 29.4% decline in net sales to $63.4 million during its fiscal second quarter.
Net sales of $200.3 million were a decline of 5.1% compared with the previous-year quarter, while gross margin grew 18.7%.
The 30,000-square-foot facility in Riviera Beach, Fla., will carry the Valhalla, Contender and Sportsman brands.
The company reported net sales of $5.24 billion for the year, with all four business units reporting declines.
The Godfrey, Bennington and Hurricane parent posted a 23% year-over-year decline in fourth-quarter sales.
The comprehensive initiative incorporates AI features and capabilities into Brunswick products.
Hanover Investors sold its interest in the U.K.-based builder to Arrowbolt Propulsion Systems.
Hinckley’s Stuart, Fla., location achieved certification as a Mercury Marine Certified Service and Sales Dealer.
Ken Meloon joined the company in 1960 as a boat washer and followed in the footsteps of his father and grandfather.
The company hosted an investors’ day this week that included the presentation of several key points, from revenue growth to acquisitions.
The builder reported a 29.4% decline in net sales to $63.4 million during its fiscal second quarter.
Net sales of $200.3 million were a decline of 5.1% compared with the previous-year quarter, while gross margin grew 18.7%.
The 30,000-square-foot facility in Riviera Beach, Fla., will carry the Valhalla, Contender and Sportsman brands.
The company reported net sales of $5.24 billion for the year, with all four business units reporting declines.
The Godfrey, Bennington and Hurricane parent posted a 23% year-over-year decline in fourth-quarter sales.
The comprehensive initiative incorporates AI features and capabilities into Brunswick products.
Hanover Investors sold its interest in the U.K.-based builder to Arrowbolt Propulsion Systems.
Hinckley’s Stuart, Fla., location achieved certification as a Mercury Marine Certified Service and Sales Dealer.
Ken Meloon joined the company in 1960 as a boat washer and followed in the footsteps of his father and grandfather.
The company hosted an investors’ day this week that included the presentation of several key points, from revenue growth to acquisitions.
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