MasterCraft Boat Holdings, Inc. (MCFT) Q1 2025 Earnings Call Transcript Summary
MasterCraft Boat Holdings, Inc. (MCFT) Q1 2025 Earnings Call Transcript Summary
Operating expenses were reduced to $10.8 million from $11.9 million, reflecting controlled discretionary spending.The following is a summary of the MasterCraft Boat Holdings, Inc. (MCFT) Q1 2025 Earnings Call Transcript:
以下是mastercraft boat控股有限公司(MCFT) 2025年第一季度业绩会成绩单摘要:
Financial Performance:
财务业绩：
Net sales for Q1 were $65 million, down 31% from last year primarily due to lower volumes and unfavorable model mix.
Gross margin for the quarter was 18.1%, a decrease from 23.8% year-over-year, attributed to lower cost absorption and higher dealer incentives.
Operating expenses were reduced to $10.8 million from $11.9 million, reflecting controlled discretionary spending.
Adjusted income for the quarter stood at $1.9 million or $0.12 per diluted share, compared to $10.3 million or $0.60 in the previous year.
Adjusted EBITDA was $3.8 million, down from $14 million in the prior year, with an EBITDA margin of 5.9%.
第一季度净销售额为6500万美元，比去年下降了31%，主要是因为销量减少和不利的机型组合。
本季度毛利率为18.1%，同比下降了23.8%，这主要归因于成本吸收减少和经销商激励增加。
营业费用从1190万美元降至1080万美元，反映出谨慎的自由度开支。
本季度调整后的收入为190万美元，每股稀释收益为0.12美元，而上一年为1030万美元，每股收益为0.60美元。
调整后的税息折旧及摊销前利润为380万美元，低于去年的1400万美元，税息折旧及摊销前利润率为5.9%。
Business Progress:
业务进展：
Successfully reduced dealer inventory levels more than anticipated, removing nearly 500 units across MasterCraft and Crest brands.
Anticipate ramping up production in the second half of the fiscal year to meet seasonal demand.
MasterCraft's new Model Year 25 products, including the XStar, have been well received with positive initial retail reactions.
Merritt Island facility's sale expected to close by the end of the fiscal second quarter, enhancing financial flexibility.
成功地超出预期地降低了经销商的库存水平，跨 mastercraft boat 和 Crest 品牌的总共移除了近 500 单位。
预计在财政年度的下半年增加生产，以满足季节性需求。
mastercraft boat 的新的 25 年款产品，包括 XStar，在初期零售反应上受到良好的欢迎。
预计梅里特岛设施的出售将在财政第二季度结束时完成，增强财务灵活性。
Opportunities:
机会：
Lower short-term interest rates beneficially impact dealer finance costs, potentially boosting buyer motivation.
Promising Q1 internal retail results exceeding expectations provide a positive outlook for sustained retail performance.
Recent dealer meetings injected renewed enthusiasm and strategic alignment, likely to bolster market positioning.
较低的短期利率有利于降低经销商融资成本，可能提升购买者的动机。
有希望的 Q1 内部零售业绩超出预期，为持续的零售业绩提供了积极的展望。
最近的经销商会议注入了更新的热情和战略协调，可能会加强市场定位。
Risks:
风险：
Cautious wholesale planning in an unstable market with cautious dealer ordering anticipated through the off-peak season.
Continued high promotional activity expected to persist in the industry affecting pricing and margins in the near term.
在不稳定的市场中谨慎规划批发业务，预计经销商订单将在淡季期间谨慎进行。
预计行业将继续保持高水平的促销活动，从而影响近期的定价和利润。
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提示：本文由人工智能生成。内容准确性无法完全保证。如需更全面详情，请参阅IR网站。本文仅供投资者参考，不具有任何指导或推荐建议。
