Company Financials

Malibu Boats reports dismal Q3, revises 2024 guidance

> , By 2024-05-02T14:50:00

malibu-boats

US builder anticipates year-over-year decline in annual net sales of around 40%

Beleaguered Malibu Boats reported abysmal fiscal third quarter numbers today and is cutting production and increasing promotional spending to “get dealer inventories right” by the end of fiscal 2024.

 
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