The shares are held directly by Coliseum Capital Partners (WA:) and a separate account investment advisory client of Coliseum Capital Management, LLC. Christopher S. Shackelton and Adam Gray, managers with ownership interests in Coliseum Capital, disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.
The shares are held directly by Coliseum Capital Partners and a separate account investment advisory client of Coliseum Capital Management, LLC. Christopher S. Shackelton and Adam Gray, managers with ownership interests in Coliseum Capital, disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.
The shares are held directly by Coliseum Capital Partners and a separate account investment advisory client of Coliseum Capital Management, LLC. Christopher S. Shackelton and Adam Gray, managers with ownership interests in Coliseum Capital, disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.
In other recent news, MasterCraft Boat Holdings (NASDAQ:), Inc. reported its Fiscal First Quarter 2025 results, revealing a 31% decrease in net sales to $65 million and a significant drop in adjusted EBITDA to $3.8 million from $14 million the previous year. Despite these challenges, MasterCraft managed to reduce dealer inventory by nearly 500 units in Q1 and over 1,000 units year-over-year. The company has also raised the lower end of its full-year guidance, with net sales expected to be between $270 million and $300 million, reflecting an optimistic outlook for future growth.
The redesigned XStar model is anticipated to ship in the second half of the fiscal year, which could potentially boost sales. Moreover, MasterCraft is focusing on organic growth and strategic partnerships for expansion. However, the company anticipates a slight decrease in average selling prices in Q2 due to product mix. These are among the recent developments at MasterCraft.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
