Mastercraft Boat Holdings Inc Stock Price, News & Analysis

MasterCraft Boat Company (NASDAQ: MCFT), the world's leading towboat manufacturer, has reinforced its commitment to waterway protection and responsible boating through its support of the Wake Responsibly campaign in partnership with the Water Sports Industry Association (WSIA).

The initiative promotes three key principles: maintaining 200 feet distance from shore and other boats, keeping music at respectful levels, and minimizing repetitive passes. MasterCraft is implementing comprehensive measures including dealer education, WSIA advocacy support, and consumer education materials to address growing waterway restrictions and access challenges.

Studies indicate that wakesurfing boats create less shoreline impact than natural wind-generated waves, countering common misconceptions about environmental impact.

MasterCraft Boat Company (NASDAQ: MCFT) has announced a strategic expansion of its dealer network through a new partnership with Hagadone Marine Center in Idaho. Located on Lake Coeur d'Alene's north shore, this luxury dealership will strengthen MasterCraft's presence in the Inland Northwest market.

The partnership includes comprehensive services such as new boat sales, factory-certified service and storage, on-water demos, and seasonal events. Hagadone Marine, a Boating Industry Top 100 Dealer, will offer MasterCraft's complete lineup of towboats, enhancing the region's premium boating offerings.

This collaboration aligns with MasterCraft's strategy to partner with premier dealerships in key markets, leveraging Hagadone's reputation for luxury service and deep roots in the boating community to deliver exceptional customer experiences.

MasterCraft Boat Holdings (NASDAQ: MCFT) has announced the addition of Rinker's Boat World as its newest authorized dealer in Houston, Texas. This strategic partnership aims to serve the fastest-growing boating market along the Gulf Coast, with Rinker's Boat World bringing over 45 years of local experience since 1978.

The full-service dealership will offer MasterCraft's complete line of towboats, supported by in-person water demos and comprehensive service. The partnership aligns with MasterCraft's strategy to expand its dealer network in high-demand regions, providing customers with direct access to their premium boats and services.

MasterCraft Boat Holdings (NASDAQ: MCFT) announces its sixth year of sponsorship at the 2025 American Century Championship (ACC) in Lake Tahoe, starting July 9. The company is introducing several major activations including a $300,000 hole-in-one prize featuring a fully loaded 2024 MasterCraft X24 boat at Hole 12.

The event features a national sweepstakes partnership with Travis Mathew, Ogio, and Callaway, offering VIP experiences and merchandise. MasterCraft's philanthropic initiative, Surf to Save Lives, commits $75,000 to St. Jude Children's Research Hospital. The company will showcase its premium boats, including the redesigned XStar 23 and XStar 25 models, and host post-event activities including a VIP Demo Day and women's Let Her Rip clinic.

MasterCraft Boat Company (NASDAQ: MCFT) has launched its third annual 'Surf to Save Lives' campaign supporting St. Jude Children's Research Hospital. From May 23 to September 30, 2025, the company will donate $1 for every minute logged in water activities through the MasterCraft Connect app, pledging a maximum donation of $75,000 this year. The campaign, which has already raised $150,000 since 2023, is open to all boaters, not just MasterCraft owners. Professional wakeboarder and childhood cancer survivor Alexa Score serves as the campaign's spokesperson. The initiative supports St. Jude's mission of providing free treatment, travel, housing, and food to families dealing with childhood cancer and other life-threatening diseases.

MasterCraft Boat Holdings (NASDAQ: MCFT) reported its fiscal 2025 Q3 results with net sales of $76.0 million, down 9.5% year-over-year. The company posted income from continuing operations of $3.8 million, or $0.23 per diluted share. Adjusted Net Income was $5.0 million ($0.30 per diluted share), while Adjusted EBITDA reached $7.5 million. The company maintains a strong financial position with $66.5 million in cash and investments and $100 million available on its revolving credit facility with no outstanding debt. Due to challenging market conditions, MasterCraft revised its full-year fiscal 2025 guidance, projecting consolidated net sales of approximately $275 million, Adjusted EBITDA of $20 million, and Adjusted Earnings per share of $0.71.

MasterCraft Boat Company has partnered with Performance Marine Watersports in Osage Beach, Missouri, expanding its dealer network at Lake of the Ozarks. The strategic alliance combines MasterCraft's award-winning towboats with Performance Marine's 30+ years of local expertise.

As the first dedicated watersports dealership at Lake of the Ozarks, Performance Marine will offer MasterCraft's range of boats, including models for size-restricted lakes and yacht-certified vessels. The dealership provides white-glove service, convenient on-water demos, and is located directly across from the lake.

Greg Miller, VP of Global Sales at MasterCraft, emphasized their commitment to exceptional ownership experience, while Grant Norton, Performance Marine's Sales Manager, expressed excitement about partnering with the legacy brand. This expansion strengthens MasterCraft's position in the towboat category and enhances customer service capabilities in the Ozarks region.

MasterCraft Boat Holdings (NASDAQ: MCFT) has announced its upcoming fiscal third quarter 2025 earnings conference call, scheduled for Wednesday, May 7, 2025, at 8:30 a.m. EDT. The event will feature CEO Brad Nelson, current CFO Tim Oxley, and VP of Finance Scott Kent, who is the incoming CFO.

The company will release its earnings report before the market opens on May 7. Investors can access the live webcast through the investor section at Investors.MasterCraft.com. For telephone participation, advance registration is required through a provided link, after which participants will receive dial-in details and unique access credentials.

MasterCraft Boat Holdings (NASDAQ: MCFT) has announced the expansion of MasterCraft Boats of Utah into St. George, marking a strategic move to better serve the Southern Utah boating community. The new dealership will provide convenient service locations for existing customers and introduce the brand's premium towboats to new potential customers in the region.

MasterCraft Boats of Utah, a trusted dealer since 1999 with multiple Dealer of the Year and CSI awards, will offer comprehensive services including maintenance, repairs, pro shop, on-water demos, customer events, and boat storage at the new location. The expansion team brings over 100 years of combined industry experience.

The St. George location plans to host grand opening celebrations with demo days throughout summer, supported by a full digital advertising campaign and prominent I-15 signage. This expansion represents MasterCraft's strategic growth in key markets and commitment to strengthening its position as a leading towboat brand.