MasterCraft (MCFT) Tops Q4 EPS by 20c
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MasterCraft Boat Holdings, Inc. Reports Record Fourth Quarter and Fiscal 2021 Results
September 2, 2021 7:30 AM EDTVONORE, Tenn., Sept. 02, 2021 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2021 fourth quarter and year ended June 30, 2021.
Fourth Quarter Highlights:
Net sales increased to a record $155.5 million, up 204%.Gross margin expanded by 940 basis points to 23.9%.Net income was $16.5 million or $0.87 per diluted share.Diluted Adjusted Net Income per share, a non-GAAP measure, was $0.98.Adjusted EBITDA, a non-GAAP measure, increased to $27.0 million.Adjusted EBITDA margin, a non-GAAP measure, increased to... More