VONORE, Tenn., Feb. 24, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (“MasterCraft” or the “Company”), today announced that Mike O'Connell, Senior Vice President of Operational Excellence will take on the additional role of President of the Company's Pontoon Segment, effective immediately. Mr. O'Connell succeeds George Steinbarger, who has departed the Company.
MasterCraft Boat Holdings, Inc. (MCFT) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.37 per share a year ago.
VONORE, Tenn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2025 second quarter ended December 29, 2024.
MCFT's fiscal second-quarter results are likely to be hurt by dismal MasterCraft and Pontoon performance.
MasterCraft's fiscal Q1 results exceeded expectations, with dealer visibility starting to improve and MasterCraft expecting improving industry activity ahead. After the report, interest rates have risen considerably despite the Fed's rate cut, which could again delay the short-term recovery. With still similar long-term earnings power, I estimate MCFT to have 35% upside to a fair value of $25.1.
VONORE, Tenn., Jan. 23, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal second quarter 2025 earnings conference call on Thursday, February 6, 2025, at 8:30 a.m.
Featured in the center of Luxury Row, the completely redesigned XStar will be alongside the “Official Truck and Tow Vehicle” of the MasterCraft brand, the Chevrolet Silverado HD 2500 Featured in the center of Luxury Row, the completely redesigned XStar will be alongside the “Official Truck and Tow Vehicle” of the MasterCraft brand, the Chevrolet Silverado HD 2500
Completely Redesigned From Bow to Stern, The 23- and 25-Foot XStar Models Combine Legendary Performance With Cutting-Edge Innovation and Bold New Styling
MCFT benefits from the launch of innovative products, like the redesigned XStar and the Balise premium pontoon brand.
HOUSTON--(BUSINESS WIRE)--Perry Homes, one of the largest privately held homebuilders in the U.S., today announced the acquisition of MasterCraft Builder Group, a highly respected homebuilder in the Jacksonville, Florida region. Todd Chachere, Chief Executive Officer of Perry Homes, expressed his enthusiasm about the acquisition: "We are excited to welcome MasterCraft Builder Group to the Perry Homes family as both organizations' values closely align. This partnership accelerates our growth in.