Company Financials

Covid-related production disruptions lead Mastercraft to $36.7m Q3 loss

>> , by Craig Ritchie, Arlene Sloan2020-05-06T15:45:00

28XS-running_0058

March production cutbacks lead to 20% YOY drop in net sales, 32% drop in gross profit

Tennessee, US-based boatbuilder MasterCraft Boat Holdings Inc released its 2020 third-quarter results on May 6, noting sales and profit decreases resulting from production cutbacks and ensuing plant shutdowns in response to the Covid-19 pandemic.

IBI shares a breakout of the company’s unit sales and revenues by brand along with CEO Fred Brightbill’s additional comments on current market conditions in his conversation with analysts today…

To continue reading, please see the subscription options below for accessing IBI Premium Content.

This is premium content

You must be a subscriber and signed-in to access this content.

IBI Magazine_Website_promo_July

To continue, subscribe to IBI Plus

Benefits include:

  • Breaking industry news as it happens
  • Unlimited access to all IBI Plus Premium content, including:
  • Industry statistics / Market reports / Company insights / In-depth segment reports
  • Our archive of more than 38,000 news items and features
  • Save articles in your personal library under ’My Account’

Subscribe Today to continue reading

to gain access to IBI Plus Premium content.

Alternatively, REGISTER to receive IBI Daily News & Breaking News alerts for free.

Already a subscriber? Sign-in now at the top of this page.