Malibu Boats, Inc. (MBUU) Q1 2025 Earnings Call Transcript Summary
Malibu Boats, Inc. (MBUU) Q1 2025 Earnings Call Transcript Summary
GAAP net income showed a decrease of 124.8% year-over-year, reflecting a net loss of $5.1 million.The following is a summary of the Malibu Boats, Inc. (MBUU) Q1 2025 Earnings Call Transcript:
以下是马里布船业公司（MBUU）2025年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Net sales decreased by 33% year-over-year, attributed to reducing channel inventories and navigating market challenges influenced by macroeconomic factors.
Gross profit decreased by 50.3% year-over-year, with gross margin decreasing from 22.2% in the prior year to 16.4%.
GAAP net income showed a decrease of 124.8% year-over-year, reflecting a net loss of $5.1 million.
Adjusted EBITDA decreased by 74.6% to $9.9 million, with adjusted EBITDA margin declining to 5.8% from 15.2%.
净销售额同比下降33％，这归因于渠道库存减少和应对受宏观经济因素影响的市场挑战。
毛利同比下降50.3％，毛利率从上一年的22.2％下降到16.4％。
GAAP净收入同比下降124.8％，净亏损510万美元。
调整后的息税折旧摊销前利润下降了74.6％，至990万美元，调整后的息税折旧摊销前利润率从15.2％下降至5.8％。
Business Progress:
业务进展：
Launched new models including Malibu M230 and Cobalt R31, showcasing continued commitment to luxury and function.
Achieved positive market share gains across brands, with Cobalt gaining 200 basis points in the Sterndrive segment.
Expanded production capabilities and completed integration of Malibu Electronics at the Roane County facility, reflecting advancements in operational efficiency and vertical integration efforts.
Maintained full year guidance with expectations of sequential improvement in financial performance throughout the year.
推出了包括迈锐宝M230和Cobalt R31在内的新车型，展现了对奢华和功能的持续承诺。
各品牌的市场份额均实现了正增长，Cobalt在Sterndrive细分市场上涨了200个基点。
扩大了生产能力，并完成了对罗恩县工厂的Malibu Electronics的整合，这反映了运营效率和纵向整合工作的进步。
维持全年指引，预计全年财务业绩将持续改善。
Opportunities:
机会：
The introduction of innovative models like Malibu M230 and Cobalt R31 demonstrates the company's commitment to product innovation and luxury, which may strengthen market leadership and customer loyalty.
The strategic focus on dealer inventory alignment ensures readiness to capitalize on market recovery, potentially enhancing market responsiveness and sales dynamics.
Malibu M230和Cobalt R31等创新车型的推出表明了该公司对产品创新和奢华的承诺，这可能会增强市场领导地位和客户忠诚度。
对经销商库存调整的战略重点可确保为利用市场复苏做好准备，从而有可能增强市场响应能力和销售动态。
Risks:
风险：
The market continues to be challenged by macroeconomic factors and slower retail demand, potentially affecting sales volume and financial performance in the short term.
The dependency on interest rate cuts to reinvigorate the market signifies a significant external risk that could impact the timing and strength of market recovery.
市场继续受到宏观经济因素和零售需求放缓的挑战，可能会在短期内影响销售量和财务表现。
依赖降息来振兴市场，这表明存在重大的外部风险，可能会影响市场复苏的时机和力度。
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小贴士：本文由 AI 生成。无法完全保证内容的准确性。如需更全面的详情，请访问投资者关系网站。本文仅供投资者参考，不提供任何指导或建议建议。
