Malibu Boats Inc is a leading manufacturer of recreational towboats, primarily designed for wakeboarding, waterskiing, and other water sports
The company specializes in producing a range of high-performance boats that are renowned for their innovative design, quality craftsmanship, and cutting-edge technology. Malibu Boats focuses on providing an exceptional boating experience by blending performance with luxury features, catering to both recreational boaters and competitive athletes. With a commitment to sustainability and advanced manufacturing practices, the company continues to expand its product line while maintaining its reputation as a top player in the marine industry.
Shares of recreational boats manufacturer Malibu Boats (NASDAQMBUU)
jumped 9.3% in the morning session after the company reported strong fourth-quarter results that blew past analysts' EPS, and revenue outperformed Wall Street's estimates. The results were commendable despite a challenging operating environment with management observing "weaker retail market trends." Zooming out, we think this quarter featured some important positives.
Recreational boats manufacturer Malibu Boats (NASDAQMBUU) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 5.1% year on year to $200.3 million. Its non-GAAP profit of $0.31 per share was 73.6% above analysts’ consensus estimates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Harley-Davidson (NYSEHOG) and the best and worst performers in the leisure products industry.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at leisure products stocks, starting with Malibu Boats (NASDAQMBUU).
Let’s dig into the relative performance of American Outdoor Brands (NASDAQAOUT) and its peers as we unravel the now-completed Q3 leisure products earnings season.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Brunswick (NYSEBC) and the best and worst performers in the leisure products industry.
Malibu Boats currently trades at $37.43 per share and has shown little upside over the past six months, posting a middling return of 4.3%. This is close to the S&P 500’s 9.3% gain during that period.
Outdoor recreational products company Johnson Outdoors (NASDAQJOUT)
will be reporting earnings tomorrow before market open. Here’s what you need to know.
Recreational products manufacturer American Outdoor Brands (NASDAQAOUT)
will be announcing earnings results tomorrow after market close. Here’s what investors should know.
Outdoor lifestyle and recreational products company Solo Brands (NYSEDTC)
will be reporting earnings tomorrow before market hours. Here’s what investors should know.
Recreational boats manufacturer Malibu Boats (NASDAQMBUU) announced better-than-expected revenue in Q3 CY2024, but sales fell 32.9% year on year to $171.6 million. Its non-GAAP profit of $0.08 per share was also 198% above analysts’ consensus estimates.
