MCFT / MasterCraft's outlook assumes current retail ‘malaise' will continue, but CEO thinks there's upside

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