MasterCraft Boat Holdings, Inc. 8K

MasterCraft Boat Holdings reported strong fiscal 2026 growth driven by its Marine Products merger but posted GAAP losses due to impairment and acquisition-related charges, changed its fiscal year-end to December 31, and issued guidance for a six-month transition period.

MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) reported its fiscal 2026 fourth quarter and full-year results for the period ended June 30, 2026, highlighting a transformational year driven by the completed merger with Marine Products Corporation on May 15, 2026, which created the new Recreation and Sport Fishing segment and added $33.3 million of incremental net sales in the quarter. Despite strong underlying performance, including a 63.4% year-over-year increase in Q4 net sales to $129.9 million and a 22.8% increase in full-year net sales to $348.9 million, GAAP results reflected a $10.1 million non-cash impairment charge in the Leisure segment and $20.4 million of acquisition-related expenses, resulting in a Q4 loss from continuing operations of $7.0 million and a full-year loss from continuing operations of $1.6 million. Adjusted metrics improved significantly, with Q4 Adjusted Net Income of $13.5 million and Adjusted EBITDA of $20.5 million, and full-year Adjusted Net Income of $30.2 million and Adjusted EBITDA of $45.6 million, while the company also announced a change in fiscal year-end from June 30 to December 31 and provided guidance for the six‑month transition period from July 1, 2026 through December 31, 2026, including expected net sales of $287–$291 million, Adjusted EBITDA of $29–$32 million, and Adjusted EPS of $0.66–$0.76.

Filing Facts

CIK

1638290

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-387237

Alert Tier

7