CEO Steve Menneto highlighted that Q3 sales and adjusted EBITDA margins exceeded guidance expectations. He emphasized that the company returned to growth both sequentially and year-over-year, ...
Malibu Earnings: Consumer Hesitancy Continues to Pressure Big Ticket Durables, Depressing Boat Sales
Malibu sales increased 12% in its third quarter, bolstered by mix and price increases across all its segments. With impressive cost control, the firm expanded its adjusted EBITDA by 40 basis points, ...
Malibu Boats will release its Q3 fiscal 2025 results on May 8, 2025, with a conference call at 8:30 a.m. ET. Malibu Boats, Inc. announced that it will release its third quarter fiscal 2025 financial ...
Malibu Boats has announced the extension of its partnership with General Motors, designating Chevrolet as the Official Vehicle Brand of Malibu Boats. This collaboration enhances their existing ...
Net sales increased 12.4% to $228.7 million Unit volume increased 12.8% to 1,431 units Gross profit increased 13.4% to $45.7 million GAAP net income increased 119.4% to $13.2 million GAAP net income ...
Management revised its full-year guidance to reflect a challenging macroeconomic environment, predicting net sales to decline 3% to 5% and adjusted EBITDA margins to range from 9% to 10%. CEO Menneto ...
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