MASTERCRAFT BOAT HOLDINGS, INC.


Associated tags: Crest, MasterCraft

Locations: VONORE, TN, US

Crest Marine Expands Portfolio with the Launch of Balise Pontoon Boats

Retrieved on: 
Tuesday, April 23, 2024

OWOSSO, Mich., April 23, 2024 (GLOBE NEWSWIRE) -- Crest Marine, LLC., a leader in the recreational powerboat industry and subsidiary of MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT), today announced the expansion of its portfolio with the launch of an all-new, independent luxury pontoon brand, Balise Pontoon Boats (“Balise”).

Key Points: 
  • OWOSSO, Mich., April 23, 2024 (GLOBE NEWSWIRE) -- Crest Marine, LLC., a leader in the recreational powerboat industry and subsidiary of MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT), today announced the expansion of its portfolio with the launch of an all-new, independent luxury pontoon brand, Balise Pontoon Boats (“Balise”).
  • Balise was born from the singular mission to be the most luxurious and innovative pontoon boat on the market.
  • “The launch of the Balise brand is the culmination of nearly three years of careful consumer research, design, and engineering to redefine the way consumers experience on-water luxury and sophisticated entertainment,” said George Steinbarger, President of Crest Marine.
  • To learn more about Balise Pontoon Boats, visit BalisePontoonBoats.com .

MasterCraft Boat Holdings, Inc. to Webcast Fiscal Third Quarter 2024 Earnings Conference Call Wednesday, May 8, 2024

Retrieved on: 
Friday, April 19, 2024

VONORE, Tenn., April 19, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal third quarter 2024 earnings conference call on Wednesday, May 8, 2024, at 8:30 a.m. EDT.

Key Points: 
  • VONORE, Tenn., April 19, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal third quarter 2024 earnings conference call on Wednesday, May 8, 2024, at 8:30 a.m. EDT.
  • The Company will issue a pre-market earnings release prior to the call on May 8, 2024.
  • Participants may access the conference call live via webcast on the investor section of the Company’s website, Investors.MasterCraft.com , on the day of the conference call by clicking on the webcast icon.
  • A replay of the conference call and webcast will be archived on the Company's website.

MasterCraft Boat Holdings, Inc. Initiates Leadership Succession Plan

Retrieved on: 
Monday, March 4, 2024

VONORE, Tenn., March 04, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced that Brad Nelson (54), will become the Company’s new Chief Executive Officer and will be appointed to the Board of Directors, effective March 18, 2024. Mr. Nelson succeeds Fred Brightbill (71), who intends to retire as Chief Executive Officer on March 18, 2024, and as Chairman and a member of the MasterCraft Board of Directors, effective June 30, 2024. Mr. Brightbill joined the MasterCraft Board in 2009 and was appointed Chairman in 2015, adding the role of CEO in 2019. Following his retirement from the Board, Mr. Brightbill will serve as a consultant to the Company for a one-year period. Roch Lambert, currently Lead Independent Director of the Board, will be appointed Chairman, effective July 1, 2024. Mr. Lambert joined the Company’s Board in 2016, becoming Lead Independent Director in 2019.

Key Points: 
  • Mr. Brightbill joined the MasterCraft Board in 2009 and was appointed Chairman in 2015, adding the role of CEO in 2019.
  • Following his retirement from the Board, Mr. Brightbill will serve as a consultant to the Company for a one-year period.
  • Mr. Lambert said, “On behalf of the Board, I’d like to thank Fred for his outstanding service as CEO of MasterCraft.
  • During my tenure, MasterCraft achieved record sales and profits through an overriding focus on providing the best customer experience.

MasterCraft to Participate in Raymond James 45th Annual Institutional Investors Conference

Retrieved on: 
Thursday, February 29, 2024

VONORE, Tenn., Feb. 29, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) today announced that Fred Brightbill, Chief Executive Officer and Chairman, Tim Oxley, Chief Financial Officer, and Bobby Potter, Vice President of Strategy and Investor Relations, will present at the Raymond James 45th Annual Institutional Investors Conference, presented in-person and virtually, on Tuesday, March 5, 2024, at 3:25 p.m. EST.

Key Points: 
  • VONORE, Tenn., Feb. 29, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) today announced that Fred Brightbill, Chief Executive Officer and Chairman, Tim Oxley, Chief Financial Officer, and Bobby Potter, Vice President of Strategy and Investor Relations, will present at the Raymond James 45th Annual Institutional Investors Conference, presented in-person and virtually, on Tuesday, March 5, 2024, at 3:25 p.m. EST.
  • A live audio webcast of the conference presentation will be available on MasterCraft’s website at https://wsw.com/webcast/rj129/mcft/1599600 .
  • Go to the site at least 15 minutes before the presentation to register, and to download and install any needed audio software.
  • The archived webcast will remain posted on the Company's investor relations website for 90 days.

MasterCraft Boat Holdings, Inc. Reports Results for Fiscal 2024 Second Quarter

Retrieved on: 
Wednesday, February 7, 2024

VONORE, Tenn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 second quarter ended December 31, 2023.

Key Points: 
  • VONORE, Tenn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 second quarter ended December 31, 2023.
  • Gross margin percentage declined 520 basis points during the second quarter of fiscal 2024, when compared to the same prior-year period.
  • Adjusted EBITDA was $9.8 million for the second quarter of fiscal 2024, compared to $29.8 million in the prior-year period.
  • MasterCraft Boat Holdings, Inc. will host a live conference call and webcast to discuss fiscal second quarter 2024 results today, February 7, 2024, at 8:30 a.m. EST.

MasterCraft Boat Holdings, Inc. to Webcast Fiscal Second Quarter 2024 Earnings Conference Call Wednesday, February 7, 2024

Retrieved on: 
Monday, January 22, 2024

VONORE, Tenn., Jan. 22, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal second quarter 2024 earnings conference call on Wednesday, February 7, 2024, at 8:30 a.m. EST.

Key Points: 
  • VONORE, Tenn., Jan. 22, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal second quarter 2024 earnings conference call on Wednesday, February 7, 2024, at 8:30 a.m. EST.
  • The Company will issue a pre-market earnings release prior to the call on February 7, 2024.
  • Participants may access the conference call live via webcast on the investor section of the Company’s website, Investors.MasterCraft.com , on the day of the conference call and click on the webcast icon.
  • A replay of the conference call and webcast will be archived on the Company's website.

MasterCraft Boat Holdings, Inc. Reports Results for Fiscal 2024 First Quarter

Retrieved on: 
Wednesday, November 8, 2023

VONORE, Tenn., Nov. 08, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 first quarter ended October 1, 2023.

Key Points: 
  • VONORE, Tenn., Nov. 08, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 first quarter ended October 1, 2023.
  • For the first quarter of fiscal 2024, MasterCraft Boat Holdings, Inc. reported consolidated net sales of $104.2 million, down $65.3 million from the first quarter of fiscal 2023.
  • Adjusted EBITDA was $12.2 million for the first quarter of fiscal 2024, compared to $35.9 million in the prior-year period.
  • MasterCraft Boat Holdings, Inc. will host a live conference call and webcast to discuss fiscal first quarter 2024 results today, November 8, 2023, at 8:30 a.m. EST.

MasterCraft Boat Holdings, Inc. to Webcast Fiscal First Quarter 2024 Earnings Conference Call Wednesday, November 8, 2023

Retrieved on: 
Wednesday, October 25, 2023

VONORE, Tenn., Oct. 25, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal first quarter 2024 earnings conference call on Wednesday, November 8, 2023, at 8:30 a.m. EDT.

Key Points: 
  • VONORE, Tenn., Oct. 25, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal first quarter 2024 earnings conference call on Wednesday, November 8, 2023, at 8:30 a.m. EDT.
  • The Company will issue a pre-market earnings release prior to the call on November 8, 2023.
  • Participants may access the conference call live via webcast on the investor section of the Company’s website, Investors.MasterCraft.com , on the day of the conference call by clicking on the webcast icon.
  • A replay of the conference call and webcast will be archived on the Company's website.

MasterCraft Boat Holdings, Inc. Issues 2023 Sustainability Report

Retrieved on: 
Wednesday, September 13, 2023

VONORE, Tenn., Sept. 13, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) today announced that it has issued its 2023 Sustainability Report.

Key Points: 
  • VONORE, Tenn., Sept. 13, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) today announced that it has issued its 2023 Sustainability Report.
  • The Company recognizes the importance of social and environmental responsibility and global sustainability, and is committed to making the best products in the best way possible.
  • Policies implemented: During fiscal year 2023, the Company developed and implemented a Human Rights Policy, Environmental Policy, and a Supplier Code of Conduct.
  • Fred Brightbill, Chief Executive Officer and Chairman of MasterCraft Boat Holdings, commented, “I am delighted to share these highlights of our progress on promoting social and environmental responsibility.

MasterCraft Boat Holdings, Inc. Reports Fiscal 2023 Results

Retrieved on: 
Wednesday, August 30, 2023

VONORE, Tenn., Aug. 30, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2023 fourth quarter and year ended June 30, 2023.

Key Points: 
  • VONORE, Tenn., Aug. 30, 2023 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2023 fourth quarter and year ended June 30, 2023.
  • For the fourth quarter of fiscal 2023, MasterCraft Boat Holdings, Inc. reported consolidated net sales of $166.6 million, down $30.7 million from the fourth quarter of fiscal 2022.
  • For fiscal 2023, MasterCraft Boat Holdings, Inc. reported consolidated net sales of $662.0 million, up $20.4 million from fiscal 2022.
  • MasterCraft Boat Holdings, Inc. will host a live conference call and webcast to discuss fiscal fourth quarter and full year 2023 results today, August 30, 2023, at 8:30 a.m. EDT.