Welcome to our dedicated page for Malibu Boats news (Ticker: MBUU), a resource for investors and traders seeking the latest updates and insights on Malibu Boats stock.
Malibu Boats, Inc. (MBUU) is a designer, manufacturer and marketer of recreational powerboats, with brands spanning performance sport boats, sterndrive boats and outboard boats. For investors and boating enthusiasts following MBUU news, this page aggregates company announcements, financial updates and product developments related to Malibu Boats’ multi-brand portfolio.
Company news frequently highlights earnings results and financial guidance, including quarterly and annual updates furnished via press releases and related Form 8-K filings. These communications often discuss net sales trends, segment performance across Malibu, Cobalt and saltwater fishing brands, and non-GAAP measures such as Adjusted EBITDA and Adjusted net income per share, as described in the company’s releases.
Malibu Boats also issues news on capital allocation and corporate actions, such as board-authorized share repurchase programs and Investor Day events. These items provide insight into how management views the company’s long-term strategy, financial position and priorities for investing in the business versus returning capital to shareholders.
Another key theme in MBUU news is product launches and brand activity. Recent announcements have covered new models in the Malibu Wakesetter line, the Axis A200 towboat, and new offerings from Pursuit, Cobalt, Pathfinder and Cobia showcased at major boat shows. These releases describe design updates, wake and wave performance features, and model positioning within specific size categories.
Governance and leadership updates, including changes in board composition and executive appointments such as the Chief Financial Officer role, are reported through both SEC filings and corresponding press releases. Together, these items help readers track Malibu Boats’ strategic direction, leadership and operational focus across its performance sport, sterndrive and saltwater fishing boat brands.
Bookmark this page to review MBUU news related to financial results, capital allocation decisions, new boat models, partnerships in towed watersports and corporate governance developments drawn from the company’s official disclosures.
Malibu Boats reported strong first-quarter results for fiscal 2023, ending September 30, 2022. Net sales rose 19.2% to $302.2 million, driven by increased unit volumes and price inflation across segments. Gross profit increased 24.9% to $74.6 million, while net income rose 29.3% to $36.1 million. Adjusted EBITDA grew 27.6% to $57.1 million. Malibu anticipates mid to high single-digit sales growth for the full fiscal year. Despite ongoing supply chain challenges, demand remains strong, particularly for larger boats. The company's operational excellence is expected to continue driving profitable growth.
Malibu Boats, Inc. (MBUU) plans to release its first quarter fiscal 2023 financial results on November 4, 2022, ahead of market opening. The company's management, led by CEO Jack Springer and CFO Wayne Wilson, will host a conference call at 8:30 a.m. ET to discuss the results. Investors can register for the call to receive access details or listen to a live webcast via the Investor Relations section of Malibu's website, where a replay will be available for twelve months.
Malibu Boats, Inc. (MBUU) reported strong financial results for the fourth quarter and fiscal year ending June 30, 2022. Net sales rose by 27.6% to $353.2 million, driven by increased unit volumes and price hikes. Fourth quarter net income increased 42.1% to $49.7 million, with diluted earnings per share at $2.31. For the fiscal year, net sales reached a record $1,214.9 million, a 31.1% increase, and net income was $163.4 million, up 43.0%. Looking ahead, the company expects mid to high single-digit sales growth.
Malibu Boats, Inc. (MBUU) will announce its fourth quarter and full-year fiscal 2022 financial results on August 25, 2022, before the market opens. The management, including CEO Jack Springer and CFO Wayne Wilson, will host a conference call at 8:30 a.m. Eastern Time to discuss the results. Interested parties can register for the call or access a live webcast through the company’s Investor Relations section. A replay will be available on the website for twelve months.
Axis Wake introduces two new models for 2023: the A225 and T235, enhancing the successful A22 and T23 designs. The A225 is designed to create exceptional wakes for wakeboarding and wakesurfing, while the T235 promises superior surf capabilities with enhanced comfort. Both models feature the Wake Plus Hull and integrate advanced innovations like Surf Gate and Power Wedge III for customizable wave conditions. Additionally, new design elements include bold color options and improved interior features for a more comfortable experience. Axis is determined to elevate summer boating experiences.
Malibu Boats (MBUU) announces an exciting model year for 2023, introducing the Wakesetter 26 LSV and the all-new Wakesetter 22 LSV, designed for maximum performance and family enjoyment. The 26 LSV is the longest boat Malibu has ever built, featuring innovative luxury elements and exceptional wake performance. Customization options include new striking colors and upgraded sound systems. Malibu's focus on enhancing user experience is evident with features like a rudder-position sensor and advanced wake control technology. Visit the website for more details.
Malibu Boats (MBUU) reported strong fiscal Q3 2022 results, with net sales rising 26.0% to a record $344.3 million. Unit volume increased 4.4% to 2,562 units. Key metrics included a 56.1% increase in net income to $54.8 million and a 39.9% rise in Adjusted EBITDA to $79.8 million. The company anticipates full-year revenue growth of 28-29% and Adjusted EBITDA margins nearing 20.5%. CEO Jack Springer highlighted operational excellence, strong consumer demand, and successful M&A as key growth drivers.
Malibu Boats, Inc. (MBUU) will release its third quarter fiscal 2022 financial results on May 10, 2022, before market opening. A conference call will follow at 8:30 a.m. ET, hosted by CEO Jack Springer and CFO Wayne Wilson. Investors can join by phone or via webcast on the company’s Investor Relations website. Malibu, based in Loudon, Tennessee, leads the recreational powerboat market, excelling in performance sport boats through brands like Malibu and Axis. For more, visit malibuboats.com.
Malibu Boats reported strong financial results for the second quarter of fiscal 2022, with net sales reaching a record $263.9 million, a 34.9% increase year-over-year. Net income rose 39.9% to $31.0 million, and adjusted EBITDA increased 23.0% to $48.1 million. Despite ongoing supply chain challenges and inflationary pressures, unit volume grew 19.0% to 2,073 units. The company anticipates revenue growth of 22% to 24% for the full fiscal year, with adjusted EBITDA margins exceeding 19.5%.
Malibu Boats, Inc. (MBUU) will release its second quarter fiscal 2022 financial results on February 8, 2022, before market open. A management conference call is scheduled for 8:30 a.m. ET the same day, hosted by CEO Jack Springer and CFO Wayne Wilson. Investors can participate via phone or a live webcast from the company's Investor Relations website. The call will later be available for replay online for a year. Malibu Boats is a leader in recreational powerboat design and manufacturing, including popular brands such as Malibu and Axis.