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home / articles / mastercraft boat shares spiral down on downbeat outl mwn benzinga

MCFT - MasterCraft Boat Shares Spiral Down On Downbeat Outlook | Benzinga

August, 30 2023 03:29 PM MasterCraft Boat Holdings Inc.

MasterCraft Boat Holdings Inc (NASDAQ: MCFT) reported a fourth-quarter FY23 sales decline of 15.5% year-on-year to $166.57 million, beating the analyst consensus of $162.08 million.

Gross profit plunged 24.9% Y/Y to $42.9 million, and the gross margin compressed by 320 basis points Y/Y to 25.8%.

Operating margin was 17.5%, and the operating income for the quarter was $29.2 million.

The company held ...

Full story available on Benzinga.com

Stock Information

Company Name:	MasterCraft Boat Holdings Inc.
Stock Symbol:	MCFT
Market:	NASDAQ

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