MBUU

Image source: The Motley Fool. Thursday, May 7, 2026 at 5 p.m. ET Chief Executive Officer — Steven Menneto Chief Financial Officer — David Black David Black: Thank you, and good afternoon, everyone. Joining me on today's call is our CEO, Steve Menneto. On the call, Steve will provide commentary on the business, and I will discuss our third quarter fiscal year 2026 financials. We will then open the call up for questions. A press release covering the company's fiscal third quarter 2026 results was issued today, and a copy of that press release can be found in the Investor Relations section of the company's website. I also want to remind everyone that management's remarks on this call may contain certain forward-looking statements, including predictions, expectations, estimates and other information that might be considered forward-looking and that actual results could differ materially from those projected on today's call. You should not place undue reliance on these forward-looking statements, which speak only as of today, and the company undertakes no obligation to update them for any new information or future events. Factors that may affect future results are discussed in our filings with the SEC, and we encourage you to review our SEC filings for a more detailed description of these risk factors. Please also note that we will be referring to certain non-GAAP financial measures on today's call, such as adjusted EBITDA, adjusted EBITDA margin, adjusted net income and free cash flow. Reconciliations of these GAAP financial measures to non-GAAP financial measures are included in our earnings release. I will now turn the call over to Steve. Steven Menneto: Thank you, David. Good afternoon, everyone. This was a defining quarter for MBI. We delivered revenue and adjusted EBITDA that exceeded our guidance on a legacy base, and we closed on the acquisition of Saxdor Yachts, the most significant strategic milestone in our company's history and a decisive step in executing the build, innovate and grow strategy we outlined at our September Investor Day. The core business is performing. Our integration is underway and our conviction in the long-term opportunity in front of us has never been higher. This is particularly notable given the backdrop. Since we last spoke with you, the broader consumer environment has grown more uncertain with geopolitical developments impac...

LOUDON, Tenn. (AP) — LOUDON, Tenn. (AP) — Malibu Boats Inc. (MBUU) on Thursday reported a loss of $2.4 million in its fiscal third quarter. The Loudon, Tennessee-based company said it had a loss of 13 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to 56 cents per share. The maker of performance sports boats posted revenue of $235.7 million in the period. Malibu Boats expects full-year revenue in the range of $880 million to $886 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBUU at https://www.zacks.com/ap/MBUU

Malibu Boats (MBUU) reported $235.7 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 3.1%. EPS of $0.56 for the same period compares to $0.72 a year ago. The reported revenue represents a surprise of +6.63% over the Zacks Consensus Estimate of $221.05 million. With the consensus EPS estimate being $0.29, the EPS surprise was +93.1%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Malibu Boats performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales per Unit - Total: $188,107.00 versus the two-analyst average estimate of $176,450.00. Unit Volume by Segment - Total: 1,253 compared to the 1,253 average estimate based on two analysts. Revenue by product- Malibu: $80.7 million versus the two-analyst average estimate of $79.5 million. The reported number represents a year-over-year change of -21%. Revenue by product- Cobalt: $58.4 million versus the two-analyst average estimate of $55.05 million. The reported number represents a year-over-year change of +7%. Revenue by product- Saltwater Fishing: $73.4 million versus $66.05 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.1% change. View all Key Company Metrics for Malibu Boats here>>> Shares of Malibu Boats have returned +3.1% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Malibu Boats, Inc. (MBUU) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Malibu Boats (MBUU) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +93.10%. A quarter ago, it was expected that this maker of performance sports boats would post a loss of $0.03 per share when it actually produced a loss of $0.02, delivering a surprise of +33.33%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Malibu Boats, which belongs to the Zacks Leisure and Recreation Products industry, posted revenues of $235.7 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 6.63%. This compares to year-ago revenues of $228.66 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Malibu Boats shares have lost about 8.9% since the beginning of the year versus the S&P 500's gain of 7.6%. While Malibu Boats has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Malibu Boats was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list...

Interested in Malibu Boats, Inc.? Here are five stocks we like better. Malibu’s fiscal Q3 consolidated net sales were $235.7 million, including $23.1 million from the Saxdor acquisition, with legacy net sales of $212.6 million above guidance; adjusted EBITDA was $22.7 million (9.6% margin) while GAAP net loss of $2.4 million mainly reflected $10.6 million of acquisition and integration costs. Legacy unit volumes fell 17.1% to 1,187, but legacy net sales per unit rose 12.1% to $179,000 driven by favorable pricing and mix; gross margin improved sequentially (+420 bps to 17.5%) but compressed 250 bps year‑over‑year due to fixed‑cost deleverage. Management expects combined fiscal 2026 net sales of about $880–886 million and adjusted EBITDA of $72–74 million, guided Q4 combined net sales of $261–267 million with adjusted EBITDA $29–31 million, and reports pro forma leverage near 1.5x net debt to TTM adjusted EBITDA while pursuing Saxdor integration and North American capacity expansion. Malibu Boats (NASDAQ:MBUU) reported fiscal third-quarter 2026 results that management said exceeded guidance on its legacy business and included a partial-month contribution from newly acquired Saxdor Yachts. On the earnings call, CEO Steve Menneto described the quarter as “defining,” pointing to the close of the Saxdor acquisition as “the most significant strategic milestone in our company’s history” and a key step in the company’s “build, innovate, and grow” strategy introduced at its September investor day. CFO David Black said consolidated net sales rose 3.1% year over year to $235.7 million, including $23.1 million from Saxdor following the March 2 closing. On a legacy basis excluding Saxdor, net sales were $212.6 million, above the company’s prior guidance range of $198 million to $202 million. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% Menneto said the consumer environment has grown more uncertain since the prior update, citing geopolitical developments impacting gas prices and sentiment, along with affordability pressures on “more value-oriented buyers who tend to utilize financing.” He said Malibu is seeing a “clear bifurcation” in the market, with “premium cash-driven buyers” continuing to engage. According to Menneto, recent boat shows supported that view. At the Miami International Boat Show, the company debuted the Pursuit DC 286 and Pathfinder...

LOUDON, Tenn., May 07, 2026 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) (“Malibu”, “MBI” or the “Company”) today announced its financial results for the third quarter ended March 31, 2026. Third Quarter Fiscal 2026 Highlights Compared to Third Quarter Fiscal 2025: Net sales increased 3.1% to $235.7 million Unit volume decreased 12.4% to 1,253 units Gross profit decreased 9.7% to $41.3 million GAAP net (loss) income decreased from net income of $13.2 million to a net loss of $2.4 million GAAP net (loss) income available to Class A Common Stock per share (diluted) decreased from net income of $0.66 to net loss of $0.13 per share Adjusted EBITDA decreased 19.7% to $22.7 million Adjusted net income per share decreased from net income of $0.74 to $0.56 per share on a basic weighted-average share count of 19.0 million shares of Class A Common Stock Cash flows provided by operating activities were $21.4 million Free cash flow was approximately $16.0 million During the three month fiscal third quarter, the Company repurchased approximately 492,794 shares for $13.1 million at an average price of approximately $26.24 per share, a discount to the price at which equity was issued to Saxdor Yachts ("Saxdor") As previously announced, on March 2, 2026, the Company acquired Saxdor, a leading European designer and manufacturer of premium adventure dayboats headquartered in Helsinki, Finland "We delivered a strong third quarter and took an important step in our long-term growth strategy with the acquisition of Saxdor Yachts," commented Steve Menneto, President and Chief Executive Officer of Malibu Boats, Inc. "Revenue and Adjusted EBITDA each exceeded the high end of our guidance on a legacy basis, prior to the partial-quarter contribution from Saxdor, which we acquired on March 2, 2026. The Saxdor acquisition advances the 'Build, Innovate, and Grow' strategy we outlined at our September 2025 Investor Day — expanding our portfolio into the premium adventure day boat category and establishing a scalable global operating platform. We are already seeing early proof points with Saxdor's new flagship 460 GTC model. Its US debut at the Palm Beach International Boat Show generated strong market reaction, and the model is now sold out for the year. Across our Pursuit and Maverick Boat Group brands, performance was up year-over-year at the Palm Beach show, reinforcing the st...

Malibu Boats has gotten torched over the last six months - since October 2025, its stock price has dropped 22.8% to $26.11 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation. Is now the time to buy Malibu Boats, or should you be careful about including it in your portfolio? Get the full breakdown from our expert analysts, it’s free. Despite the more favorable entry price, we're cautious about Malibu Boats. Here are three reasons why MBUU doesn't excite us and a stock we'd rather own. A company’s long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Over the last five years, Malibu Boats grew its sales at a weak 3.9% compounded annual growth rate. This fell short of our benchmark for the consumer discretionary sector. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. Malibu Boats has shown poor cash profitability relative to peers over the last two years, giving the company fewer opportunities to return capital to shareholders. Its free cash flow margin averaged 3.5%, below what we’d expect for a consumer discretionary business. ROIC, or return on invested capital, is a metric showing how much operating profit a company generates relative to the money it has raised (debt and equity). We like to invest in businesses with high returns, but the trend in a company’s ROIC is what often surprises the market and moves the stock price. Unfortunately, Malibu Boats’s ROIC has decreased significantly over the last few years. Paired with its already low returns, these declines suggest its profitable growth opportunities are few and far between. We cheer for all companies serving everyday consumers, but in the case of Malibu Boats, we’ll be cheering from the sidelines. After the recent drawdown, the stock trades at 15.4× forward P/E (or $26.11 per share). This valuation is reasonable, but the company’s shaky fundamentals present too much downside risk. There are better investments elsewhere. We’d suggest looking at a top digital advertising platform riding the creator economy. WHILE YOU’RE HERE: Top 9 Market-Beating Stocks. The best...

LOUDON, Tenn., April 23, 2026 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) (“Malibu”, “MBI” or the “Company”), today announced that it will release its third quarter fiscal 2026 financial results on Thursday, May 7, 2026, after the market closes. Following the release, the company’s management will host a conference call to discuss the results at 5:00 p.m. Eastern Time on the same day. The call will be hosted by Malibu’s President and Chief Executive Officer, Steve Menneto, and Chief Financial Officer, David Black. Investors and analysts are invited to listen to the conference call by dialing (800) 715-9871 or +1 (646) 307-1963. Alternatively, interested parties can listen to a live webcast of the conference call by logging on to the Investor Relations section on the Company’s website at https://malibuboatsinc.com/investor-information/events-presentations. A replay of the webcast will also be archived on the Company’s website for twelve months. About Malibu Boats, Inc. Based in Loudon, Tennessee, Malibu Boats, Inc. (MBUU) is a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive and outboard boats. Malibu Boats, Inc. is among the market leaders in the performance sport boat category through its Malibu and Axis boat brands, among the market leaders in the 20’ - 40’ segment of the sterndrive boat category through its Cobalt brand, among the market leaders in the saltwater fishing boat market with its Pursuit and Cobia offshore boats and Pathfinder, Maverick, and Hewes flats and bay boat brands, and among the market leaders in the premium adventure dayboat market with its Saxdor brand. A pre-eminent innovator in the powerboat industry, Malibu Boats, Inc. designs products that appeal to an expanding range of recreational boaters, fisherman and water sports enthusiasts whose passion for boating is a key component of their active lifestyles. For more information, visit www.malibuboats.com, www.axiswake.com, cobaltboats.com, www.pursuitboats.com, www.maverickboatgroup.com, or www.saxdoryachts.com. Contacts: Investor Relations: [email protected]

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 Q4. Today, we are looking at consumer discretionary - leisure products stocks, starting with Malibu Boats (NASDAQ:MBUU). The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Leisure products companies manufacture recreational goods such as bicycles, marine vessels, fitness equipment, camping gear, and musical instruments. Tailwinds include heightened outdoor-activity participation, health-and-wellness awareness, and periodic innovation cycles that drive trade-up purchases. Headwinds are pronounced: demand is highly discretionary and sensitive to economic cycles—consumers readily defer big-ticket leisure purchases during downturns. Post-pandemic normalization has created excess channel inventory after demand surged then retreated. Raw-material and shipping cost inflation squeezes margins, while competition from low-cost imports and a fragmented market make pricing power elusive for most players. The 12 consumer discretionary - leisure products stocks we track reported a satisfactory Q4. As a group, revenues beat analysts’ consensus estimates by 4.6% while next quarter’s revenue guidance was 2% below. While some consumer discretionary - leisure products stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4% since the latest earnings results. Founded in California in 1982, Malibu Boats (NASDAQ:MBUU) is a manufacturer of high-performance sports boats and luxury watercrafts. Malibu Boats reported revenues of $188.6 million, down 5.8% year on year. This print exceeded analysts’ expectations by 4%. Despite the top-line beat, it was still a softer quarter for the company with a significant miss of analysts’ adjusted operating income and EPS estimates. "We exceede...

Malibu Boats entered the early boat show season with Q4 results that disappointed the market, as its adjusted loss per share fell well short of Wall Street’s expectations despite a small revenue beat. Management attributed the underperformance to continued softness in the retail environment, unfavorable product and segment mix, and persistent fixed cost deleverage due to lower unit volumes. CEO Steve Menneto noted, “The promotional environment remains competitive,” while CFO David Black highlighted ongoing pressure from higher labor and material costs. The company’s focus remained on maintaining dealer health and tightly managing channel inventories, as both executives acknowledged the challenges facing the broader marine industry. Is now the time to buy MBUU? Find out in our full research report (it’s free). Revenue: $188.6 million vs analyst estimates of $181.4 million (5.8% year-on-year decline, 4% beat) Adjusted EPS: -$0.02 vs analyst estimates of $0.02 (significant miss) Adjusted EBITDA: $8.02 million vs analyst estimates of $8.99 million (4.3% margin, 10.8% miss) Operating Margin: -1.9%, down from 1.6% in the same quarter last year Market Capitalization: $584.1 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Martin Mitela (Raymond James) asked about the impact of higher boat show expenses on margins. CFO David Black quantified a 50 basis point cost pressure and explained it was within expectations for the quarter. Michael Albanese (Benchmark) inquired about early results from the MBI Acceptance retail financing initiative. CEO Steve Menneto said dealer feedback was positive and the program drove booth traffic, but it is too early to determine a meaningful sales lift. Kevin Condon (Baird) questioned whether dealer sentiment or inventory appetite had shifted ahead of the season. Menneto described retail trends as mixed but indicated that boat shows have resulted in additional orders and inventories are being managed conservatively. Brandon Rollé (Loop Capital) asked about labor costs and margin outlook. Black stated that operational effectiveness and centralized sourcing should provide some relief throug...

This article first appeared on GuruFocus. Net Sales: $188.6 million, a decrease of 5.8% from the prior year. Unit Volume: Decreased 9.5% to 1,106 units. Consolidated Net Sales Per Unit: Increased 4.1% to $170,544 per unit. Gross Profit: Decreased 32.9% to $25.1 million. Gross Margin: 13.3%, a decrease of 540 basis points from the prior year. Selling and Marketing Expenses: Increased 1.4%, representing 3.2% of sales. General and Administrative Expenses: Decreased 21.5%, representing 11% of sales. GAAP Net Loss: $2.5 million compared to GAAP net income of $2.4 million in the prior year. Adjusted EBITDA: Decreased 52.5% to $8 million. Adjusted EBITDA Margin: Decreased to 4.3% from 8.4% in the prior year. Non-GAAP Adjusted Net Loss Per Share: $0.02 compared to adjusted net income of $0.32 per share in the prior year. Free Cash Flow: Generated $8.4 million during Q2. Share Repurchase Program: Expanded to $70 million, with $20.8 million repurchased during the quarter. Q3 Net Sales Outlook: Expected to be in the range of $198 million to $202 million. Full Fiscal Year Sales Outlook: Expected to be flat to down mid-single-digits year-over-year. Full Fiscal Year Adjusted EBITDA Margin Outlook: Expected to be in the range of 8% to 9%. Warning! GuruFocus has detected 5 Warning Signs with MBUU. Is MBUU fairly valued? Test your thesis with our free DCF calculator. Release Date: February 05, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Malibu Boats Inc (NASDAQ:MBUU) reported solid second quarter results with net sales of $188.6 million, exceeding expectations despite a challenging retail environment. The company successfully executed its year-end sales event, outperforming the prior year and driving December retail activity. Malibu Boats Inc (NASDAQ:MBUU) is set to debut two new models at the Miami International Boat Show, showcasing continued innovation and product differentiation. The Malibu 23 LSV was recognized as Surfboat of the Year for the sixth consecutive year, reinforcing the company's leadership in the towboat segment. The company is seeing early traction with its MBI Acceptance program, offering competitive retail financing options to enhance customer engagement and sales. Net sales decreased by 5.8% to $188 million, and unit volume decreased by 9.5% to 1,106 units, primarily due to lower wholesale sh...