MCFT - MasterCraft Boat GAAP EPS of $1.11 beats by $0.16 revenue of $159.18M beats by $8.51M update FY23 guidance

• MasterCraft Boat press release ( NASDAQ: MCFT ): Q2 GAAP EPS of $1.11 beats by $0.16 .
• Revenue of $159.18M (+10.2% Y/Y) beats by $8.51M .
• For full year fiscal 2023, consolidated net sales is now expected to be between $620 million and $640 million from prior $590 million and $625 million vs consensus of $607.62m , with Adjusted EBITDA between $111 million and $118 million from prior $108 million and $118 million, and Adjusted Earnings per share of between $4.40 and $4.66 from prior view of $4.20 and $4.60 vs consensus of $4.36. We continue to expect capital expenditures to be approximately $30 million for the full year.
• For the third quarter of fiscal 2023, consolidated net sales is expected to be approximately $158 million vs consensus of $144.15m, with Adjusted EBITDA of approximately $26 million, and Adjusted Earnings per share of approximately $1.04 vs consensus of $0.97.

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