MCFT / Down 19% in 4 Weeks, Here's Why MasterCraft Boat Holdings, Inc. (MCFT) Looks Ripe for a Turnaround

MasterCraft Boat Holdings, Inc. (MCFT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingred more_horizontal

MasterCraft Boat Holdings, Inc., a manufacturer of recreational power boats, is currently trading at 52-week lows. Despite a rock-solid balance sheet, more_horizontal

VONORE, Tenn., Oct. 25, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fi more_horizontal

MasterCraft shares have underperformed the small cap Russell 2000 Index, falling over 14% in 2023. The company has gained market share organically and more_horizontal

MasterCraft Boat's (MCFT) fiscal fourth-quarter top line reflects lower sales volumes, a less favorable model mix and increased dealer incentives. more_horizontal

Shares of MasterCraft Boat Holdings Inc. tumbled Wednesday but bounced well off their worst levels of the day, as the recreational-powerboat maker sug more_horizontal

Net sales fell 15% in the fiscal fourth quarter of 2023. The number of unsold boats at dealers will weigh on sales in the near term. more_horizontal

MasterCraft Boat Holdings (NASDAQ:MCFT) stock plunged in Wednesday's early deals after the speedboat maker warned investors of significant uncertainty more_horizontal