Malibu Boats Stock Price, News & Analysis

Malibu Boats (Nasdaq: MBUU) has scheduled its third quarter fiscal 2025 financial results announcement for Thursday, May 8, 2025, before market opening. The company will host a conference call at 8:30 a.m. Eastern Time on the same day to discuss the results.

CEO Steve Menneto and CFO Bruce Beckman will lead the conference call. Investors and analysts can participate by dialing (844) 695-5523 or (412) 317-0699. A live webcast will be available on the company's Investor Relations website, with a replay accessible for twelve months.

Malibu Boats (MBUU) reported challenging second quarter fiscal 2025 results with notable declines across key metrics. Net sales decreased 5.1% to $200.3 million, while unit volume dropped 11% to 1,222 units. GAAP net income saw a significant decrease of 76.1% to $2.4 million, with earnings per share falling to $0.12.

The company experienced decreased wholesale shipments, particularly in Malibu and Saltwater Fishing segments, though Cobalt segment showed growth with a 7.8% increase in net sales. Gross profit margin improved slightly to 18.7% from 17.8%, while Adjusted EBITDA decreased 26.3% to $16.9 million.

Due to weaker retail market trends, management updated full-year guidance, projecting net sales to be flat to down low single digits year-over-year, with Adjusted EBITDA margin at approximately 10%.

Malibu Boats (MBUU) has scheduled the release of its second quarter fiscal 2025 financial results for Thursday, January 30, 2025, before market opening. The company will host a conference call at 8:30 a.m. Eastern Time on the same day, led by CEO Steve Menneto and CFO Bruce Beckman.

Investors and analysts can participate by dialing (844) 695-5523 or (412) 317-0699, or by accessing the live webcast through the Investor Relations section of Malibu's website. A replay of the webcast will be available on the company's website for twelve months.

Malibu Boats announced that President Ritchie Anderson will retire effective February 7, 2025. CEO Steve Menneto will assume the role of President, while Senior VP of Operations Donna Tallent will take over MBI operations leadership. Anderson's 40-year career includes 12 years at Malibu Boats, where he served as VP of Operations, COO, and President, following 28 years at MasterCraft Boat Company. Under his leadership, Malibu developed into an industry leader with a strong operational culture focused on delivering high-quality boats.

Malibu Boats (MBUU) reported challenging Q1 fiscal 2025 results with significant declines across key metrics. Net sales decreased 32.9% to $171.6 million, while unit volume fell 39.7% to 1,024 units. The company posted a net loss of $5.1 million compared to a profit last year, with earnings per share dropping to -$0.25. Gross profit decreased 50.3% to $28.2 million, and Adjusted EBITDA fell 74.6% to $9.9 million. Despite these challenges, the company maintains a positive outlook, projecting low single-digit net sales growth for fiscal 2025 with Adjusted EBITDA margin ranging from 10-12%.

Rigrodsky Law, P.A. has announced an investigation into potential claims against the officers and directors of Malibu Boats, Inc. (NASDAQ GS: MBUU) on behalf of stockholders. The investigation focuses on shareholders who purchased or acquired Malibu Boats shares on or before November 4, 2022.

Stockholders interested in learning more about the investigation and their rights can visit the law firm's website at https://www.rl-legal.com/cases-malibu-boats-inc. Additionally, they can contact Leah Wihtelin free of charge at (516) 693-8926 or via email at lw@rl-legal.com for further information.