Welcome to our dedicated page for Malibu Boats news (Ticker: MBUU), a resource for investors and traders seeking the latest updates and insights on Malibu Boats stock.
Malibu Boats, Inc. (MBUU) is a designer, manufacturer and marketer of recreational powerboats, with brands spanning performance sport boats, sterndrive boats and outboard boats. For investors and boating enthusiasts following MBUU news, this page aggregates company announcements, financial updates and product developments related to Malibu Boats’ multi-brand portfolio.
Company news frequently highlights earnings results and financial guidance, including quarterly and annual updates furnished via press releases and related Form 8-K filings. These communications often discuss net sales trends, segment performance across Malibu, Cobalt and saltwater fishing brands, and non-GAAP measures such as Adjusted EBITDA and Adjusted net income per share, as described in the company’s releases.
Malibu Boats also issues news on capital allocation and corporate actions, such as board-authorized share repurchase programs and Investor Day events. These items provide insight into how management views the company’s long-term strategy, financial position and priorities for investing in the business versus returning capital to shareholders.
Another key theme in MBUU news is product launches and brand activity. Recent announcements have covered new models in the Malibu Wakesetter line, the Axis A200 towboat, and new offerings from Pursuit, Cobalt, Pathfinder and Cobia showcased at major boat shows. These releases describe design updates, wake and wave performance features, and model positioning within specific size categories.
Governance and leadership updates, including changes in board composition and executive appointments such as the Chief Financial Officer role, are reported through both SEC filings and corresponding press releases. Together, these items help readers track Malibu Boats’ strategic direction, leadership and operational focus across its performance sport, sterndrive and saltwater fishing boat brands.
Bookmark this page to review MBUU news related to financial results, capital allocation decisions, new boat models, partnerships in towed watersports and corporate governance developments drawn from the company’s official disclosures.
Malibu Boats, Inc. (MBUU) reported a strong fiscal Q1 2022, with net sales soaring 40.1% to $253.5 million and net income increasing 26.7% to $27.9 million. Unit volume rose 23.8% to 2,024 units. Adjusted EBITDA rose 23.1% to $44.7 million, reflecting robust demand for larger, feature-rich boats. Despite challenges from inflation and supply chain issues, the company maintains a positive outlook, expecting revenue growth in the low to mid 20% range for the fiscal year, with an Adjusted EBITDA margin around 19.5%.
Malibu Boats, Inc. (MBUU) has announced it will release its first quarter fiscal 2022 financial results on November 4, 2021, before the market opens. The company will host a conference call at 8:30 a.m. Eastern Time on the same day, which will be led by CEO Jack Springer and CFO Wayne Wilson. Investors can participate by calling (855) 433-0928 or accessing a live webcast on the company’s investor relations website. A replay of the call will be available for twelve months. Malibu Boats is a leader in recreational powerboat design and manufacturing.
The new Axis T250, launched by Malibu Boats (MBUU), is the brand's first 25-foot model, catering to consumer demand for more space. It features customizable wakes and waves via Power Wedge™ III and Surf Gate™, targeting various skill levels. The T250 offers exceptional comfort with seating for 18, advanced technology including a 7-inch touch screen, and a powerful Malibu Monsoon engine. This model aims to set new performance standards in the 25-foot class while incorporating innovative storage solutions and user-friendly dashboards for superior boating experiences.
Malibu Boats, Inc. (MBUU) reported exceptional financial results for Q4 and FY 2021. Q4 net sales soared 133.2% to $276.7 million, with a 437.1% increase in net income to $35 million. Adjusted EBITDA rose by 272.2% to $57.6 million. For FY 2021, net sales increased 41.9% to $926.5 million, while net income grew 76.8% to $114.3 million. The company's guidance for FY 2022 anticipates high-teens net sales growth and a consistent Adjusted EBITDA margin of around 20%. These results reflect strong demand and successful product innovations.
Axis has unveiled the all-new Axis T220, a mid-size wake boat for 2022 that enhances technology, performance, and style. The T220, replacing the T22, boasts a 7-inch touch screen for easy control of wake settings, ballast levels, and speed adjustments, catering to both beginners and pros. It offers seating for up to 15 passengers and features innovations like the new rear pop-up pylon and Surf Band™ for real-time wave control. Powered by the efficient Malibu Monsoon M5Di™ engine, the T220 aims to set a new standard in the mid-size boat market.
Malibu Boats, Inc. (Nasdaq: MBUU) will release its fourth quarter and full-year fiscal 2021 financial results on August 26, 2021, before market opening.
Following the release, management will host a conference call at 8:30 a.m. ET to discuss the results. The call will be led by CEO Jack Springer and CFO Wayne Wilson. Investors can join by calling (855) 433-0928 or (484) 756-4263, using Conference ID #7271265, or by accessing the live webcast.
Malibu Boats has launched the new Wakesetter 21 LX, a 21-foot watersports towboat designed for performance and affordability. Featuring a new Hybrid Bow, it combines traditional and modern design, offering spacious seating and advanced functionality. The 21 LX includes customizable hull options and innovative features like the Power Wedge III and Surf Gate™ for optimal wake and wave performance. Powered by the Malibu Monsoon M5Di™ engine, it promises lower emissions and high torque. The 21 LX comes with a five-year warranty and is available through authorized dealers.
Malibu Boats (Nasdaq: MBUU) has unveiled the 2022 Wakesetter 25 LSV, the flagship of its Luxury Sport V-Drive line. This 25-foot boat boasts enhanced storage, increased ballast capacity, and a new hull design for superior performance. Noteworthy features include the Soft Grip padded transom walk-through, versatility in seating and towing options, and advanced tech innovations like wireless charging and the Malibu Command Center. The new Monsoon M6Di engine ensures better fuel economy and lower emissions. This model is available for customization at authorized dealers.
Malibu Boats (MBUU) reported impressive fiscal Q3 2021 results, with net sales soaring by 49.8% to $273.2 million and gross profit rising 57.1% to $72.0 million. Net income increased 47.2% to $35.1 million, with Adjusted EBITDA climbing 56.7% to $57.0 million. The company benefited from strong demand across its Malibu and Saltwater Fishing segments, enhanced by the acquisition of Maverick Boat Group. Despite weather-related operational disruptions, the company anticipates approximately 38% revenue growth year-over-year for fiscal 2021.
Malibu Boats, Inc. (MBUU) will announce its third quarter fiscal 2021 financial results on May 4, 2021, before market opening. A conference call will follow at 8:30 AM ET, hosted by CEO Jack Springer and CFO Wayne Wilson. Investors can participate by dialing (855) 433-0928 or (484) 756-4263 with Conference ID #7199253, or via a live webcast on the company’s Investor Relations site, where a replay will be available for twelve months.