MasterCraft (MCFT) Tops Q4 EPS by 28c, Offers Guidance
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MasterCraft Boat Holdings, Inc. Reports Record Fourth Quarter and Fiscal 2022 Results
September 8, 2022 7:30 AM EDTVONORE, Tenn., Sept. 08, 2022 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2022 fourth quarter and year ended June 30, 2022.
Fourth Quarter Highlights:
Seventh consecutive record-setting quarter.Net sales for the fourth quarter increased to $217.7 million, up 39.9% from the prior-year period.Net income was $11.5 million, or $0.63 per diluted share.Diluted Adjusted Net Income per share, a non-GAAP measure, was $1.77, up 80.6%.Adjusted EBITDA, a non-GAAP measure, increased to $44.6 million, up 65.6%.Share repurchases of $4.0 million during... More