Malibu Boats Inc is a leading manufacturer of recreational towboats, primarily designed for wakeboarding, waterskiing, and other water sports
The company specializes in producing a range of high-performance boats that are renowned for their innovative design, quality craftsmanship, and cutting-edge technology. Malibu Boats focuses on providing an exceptional boating experience by blending performance with luxury features, catering to both recreational boaters and competitive athletes. With a commitment to sustainability and advanced manufacturing practices, the company continues to expand its product line while maintaining its reputation as a top player in the marine industry.
Let’s dig into the relative performance of American Outdoor Brands (NASDAQAOUT) and its peers as we unravel the now-completed Q3 leisure products earnings season.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Brunswick (NYSEBC) and the best and worst performers in the leisure products industry.
Malibu Boats currently trades at $37.43 per share and has shown little upside over the past six months, posting a middling return of 4.3%. This is close to the S&P 500’s 9.3% gain during that period.
Outdoor recreational products company Johnson Outdoors (NASDAQJOUT)
will be reporting earnings tomorrow before market open. Here’s what you need to know.
Recreational products manufacturer American Outdoor Brands (NASDAQAOUT)
will be announcing earnings results tomorrow after market close. Here’s what investors should know.
Outdoor lifestyle and recreational products company Solo Brands (NYSEDTC)
will be reporting earnings tomorrow before market hours. Here’s what investors should know.
As buying a boat is not something that is done regularly, the company is likely to see a slowdown in growth moving forward and should be avoided for now.
Recreational boats manufacturer Malibu Boats (NASDAQMBUU) announced better-than-expected revenue in Q3 CY2024, but sales fell 32.9% year on year to $171.6 million. Its non-GAAP profit of $0.08 per share was also 198% above analysts’ consensus estimates.
