Latest news with #MalibuBoats
Yahoo
4 days ago
- Business
- Yahoo
Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for Fourth Quarter and Full-Year Fiscal 2025 Financial Results
LOUDON, Tenn., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its fourth quarter and full-year fiscal 2025 financial results on Thursday, August 28, 2025, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman. Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live webcast of the conference call by logging on to the Investor Relations section on the Company's website at A replay of the webcast will also be archived on the Company's website for twelve months. About Malibu Boats, Inc. Based in Loudon, Tennessee, Malibu Boats, Inc. (MBUU) is a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive and outboard boats. Malibu Boats, Inc. is the market leader in the performance sport boat category through its Malibu and Axis boat brands, the leader in the 20' - 40' segment of the sterndrive boat category through its Cobalt brand, and in a leading position in the saltwater fishing boat market with its Pursuit and Cobia offshore boats and Pathfinder, Maverick, and Hewes flats and bay boat brands. A pre-eminent innovator in the powerboat industry, Malibu Boats, Inc. designs products that appeal to an expanding range of recreational boaters, fisherman and water sports enthusiasts whose passion for boating is a key component of their active lifestyles. For more information, visit or Contacts Malibu Boats,
Business Upturn
01-08-2025
- Automotive
- Business Upturn
Axis Wake Launches the 2026 T250, the Largest and Most Powerful Axis Ever Built
By GlobeNewswire Published on August 1, 2025, 17:01 IST LOUDON, Tenn., Aug. 01, 2025 (GLOBE NEWSWIRE) — Axis Wake today announced the release of the all-new 2026 Axis T250, the largest and most powerful model in the brand's history. Engineered for wakeboarders, wakesurfers, and foilers who want maximum space, high-performance features, and the bold Axis attitude, the T250 is built to go big—offering full-send summer experiences for crews of up to 18. Measuring 25 feet in length, the T250 combines aggressive styling with intuitive design in a boat made for long days and bigger sessions. It features sharp new gel lines, an athletic profile, and a host of upgrades focused on comfort, control, and wake-and-wave versatility. 'This boat was made for wakeboarders, wakesurfers, and foilers who go big and stay out all day,' said Bec Gange, Axis Pro Team athlete. 'The T250 isn't just larger—it's stronger and more dialed-in for everything we do on the water.' Key highlights of the 2026 Axis T250 include: Redesigned tower with optional color customization, low-profile speaker mounts, and added headroom Cast-metal-framed windshield with reinforced caps for added strength and durability Helm upgrades, including Axis surf and wake presets and a one-touch Home button to power down GPS, drain ballast, center Surf Gate®, and stow Power Wedge® III Premium interior touches, such as hinged seats, updated panel styling, recessed speakers, and optional lounge wireless charging Wake Plus Hull™, Surf Gate®, and Power Wedge® III for scalable waves and wakes to suit any rider Fuel-efficient running surface and confident handling for better ride quality in rough water The T250 is built on Axis Wake's core values of simplicity, performance, and style—delivering all the tools wake sports consumers need without unnecessary complexity. 'Axis boats have always been about delivering exactly what our consumers need—high performance, simplicity, and value—without unnecessary complexity,' said Rachael Green, senior vice president of production and engineering at Malibu Boats. 'With the T250, we're advancing the Axis product line with a larger, more capable platform that appeals to performance-driven buyers. It's a strategic evolution that strengthens our market position while staying true to the core principles our customers trust.' The 2026 Axis T250 is available now through Axis Wake dealers nationwide. For more information, visit About Malibu Boats, Inc. Malibu Boats, Inc. (NYSE: MBUU) is a leading designer, manufacturer, and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive, and outboard boats. Malibu Boats, Inc. is the market leader in the performance sport boat category through its Malibu and Axis boat brands, the leader in the 20'–40' segment of the sterndrive boat category through its Cobalt brand, and in a leading position in the saltwater fishing boat market with its Pursuit and Cobia offshore boats and Pathfinder, Maverick, and Hewes flats and bay boat brands. A preeminent innovator in the powerboat industry, Malibu Boats, Inc. designs products that appeal to an expanding range of recreational boaters, fishermen, and watersports enthusiasts whose passion for boating is a key component of their active lifestyles. For more information, visit or Photos accompanying this announcement are available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
29-06-2025
- Business
- Yahoo
Malibu Boats's Q1 Earnings Call: Our Top 5 Analyst Questions
Malibu Boats delivered first-quarter results that surpassed Wall Street's revenue expectations but fell slightly short on non-GAAP profit. Management attributed sales growth to higher unit volumes in the Malibu segment, a favorable product mix, and increased average selling prices from premium offerings. CEO Steve Menneto noted that new models—particularly the M230 and 25 LSV for Malibu and the Cobia 265 and 285 for Cobia—captured significant customer interest during the boat show season. However, management described the broader retail environment as challenging, citing elevated interest rates and persistent macroeconomic uncertainty weighing on discretionary purchases. Is now the time to buy MBUU? Find out in our full research report (it's free). Revenue: $228.7 million vs analyst estimates of $223.3 million (12.4% year-on-year growth, 2.4% beat) Adjusted EPS: $0.72 vs analyst expectations of $0.74 (2.4% miss) Adjusted EBITDA: $28.32 million vs analyst estimates of $26.29 million (12.4% margin, 7.7% beat) Operating Margin: 7.6%, up from -36.8% in the same quarter last year Boats Sold: 1,431, up 162 year on year Market Capitalization: $610.3 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Craig Kennison (Baird): Inquired about targeted dealer inventory levels. CFO Bruce Beckman stated inventories are expected to end the season below last year, reflecting both company and dealer preferences amid macro uncertainty. Eric Wold (Texas Capital Securities): Asked about promotional activity in response to competitors' inventory challenges. CEO Steve Menneto said Malibu Boats has not elevated promotions and relies on new product strength to remain competitive. Michael Swartz (Truist): Sought clarity on tariff exposure and future risk. Beckman responded that about 18–20% of costs are sourced internationally, but exposure is spread across multiple categories and closely managed. Ryan Williams (KeyBanc): Questioned demand trends and cost levers if conditions deteriorate. Beckman highlighted the company's highly variable cost structure and strong balance sheet as tools to weather further downturns. Michael Albanese (Benchmark): Asked about the Saltwater segment's recovery. Beckman noted improvement in Florida but described the rebound as a return to broader market trends, rather than a full recovery. In the coming quarters, our team will watch (1) continued traction of newly launched models during the next selling season, (2) dealer inventory trends and whether Malibu Boats maintains its disciplined approach, and (3) any shifts in the promotional environment as industry competitors address their own inventory positions. The effectiveness of tariff mitigation and updates to the 2026 model year lineup will also be important markers of execution. Malibu Boats currently trades at $31.80, up from $29.66 just before the earnings. At this price, is it a buy or sell? See for yourself in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-06-2025
- Automotive
- Yahoo
General Motors (NYSE:GM) Extends Strategic Partnership With Malibu Boats For Engine Innovation
General Motors recently extended its collaboration with Malibu Boats, designating Chevrolet as the Official Vehicle Brand of Malibu Boats, which underscores GM's innovative engagement in diverse sectors. Over the last quarter, GM's stock price moved 2.7% lower, amid a flat market backdrop and various corporate changes including new executive appointments. Additionally, the company's lower-than-anticipated full-year earnings guidance and recent debt financing activities added to the mix of influences on its stock performance. While these individual events mark important strides for GM, they collectively weighed against the broader market uptrend over the past year. Be aware that General Motors is showing 2 risks in our investment analysis and 1 of those is a bit concerning. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The recent collaboration between General Motors and Malibu Boats as the Official Vehicle Brand underscores GM's approach to broadening its market engagement through partnerships, potentially enhancing brand value and attractiveness. Over the past five years, GM's total returns, including share price and dividends, reached 96.26%, signaling robust long-term performance. In contrast, the stock has underperformed the U.S. Auto industry over the past year, which saw a 61.6% return, compared to GM's negative movement. This disparity highlights the challenges faced by GM in aligning short-term market performance with long-term strategic goals. The extension of this partnership could potentially bolster GM's brand reputation, influencing revenue and earnings forecasts favorably in the longer term as these synergies take effect. However, given the minor short-term share price decline of 2.7%, the effects on revenue and earnings might be limited and may not significantly impact the current forecasts of a slight annual revenue decline of 0.4% over the next three years. The current share price represents a discount of 12.61% to the analyst consensus price target of $54.39, suggesting a potential upside if GM can enhance operational efficiency and effectively navigate industry challenges. Jump into the full analysis health report here for a deeper understanding of General Motors. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:GM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
19-06-2025
- Automotive
- Yahoo
Malibu Boats Announces Continued Partnership with General Motors, Naming Chevrolet as The Official Vehicle Brand of Malibu Boats
Exclusive partnership unites two industry leaders to continue innovating and powering the future of boating experiences with enhanced performance and cutting-edge technology. Chevrolet Named Official Vehicle of Malibu Boats LOUDON, Tenn., June 18, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, the world's best-selling wakeboat brand, is thrilled to announce the continuation of its long-standing partnership with General Motors, naming Chevrolet as the Official Vehicle Brand of Malibu Boats. This partnership reinforces Malibu Boats' commitment to excellence and innovation, extending their exclusive collaboration with GM Marine for the vertical integration of the Monsoon Line of engines at the Malibu Boats Factory in Loudon, TN. 'GM's partnership with Malibu Boats is a natural fit,' said Rachael Green, Sr VP, Operations & Engineering at Malibu Boats. 'Malibu and GM share a commitment to using cutting-edge technology to empower our customers to create perfect memories on the water. Our long-standing partnership with GM currently allows us to build our top-of-line engines that power the best wakes & waves in the industry, and this enhanced partnership will only allow us to showcase this further across the nation.' This partnership builds on the current long-standing relationship between Malibu Boats and GM's engineering departments to develop and produce the Malibu Monsoon Line of engines — exclusive to Malibu and Axis Boats. Using proven GM engine blocks, the Malibu Engineering team designs and marinizes the engines in-house to meet the unique demands of boating with exclusive modifications that simplify maintenance, reduce corrosion, and offer unmatched performance, fuel economy, reliability and sound reduction. Chevrolet is GM's largest vehicle brand and sells the Silverado, Tahoe and Suburban - the popular vehicles of choice for boat owners across the country. 'We're honored to be named the official vehicle brand of Malibu Boats,' said Amy Masica, director of marketing at Chevrolet. 'Both our brands rely on GM's reliable engines to get customers where they need to go – whether it be on land or on the water.' Malibu's partnership with GM Marine will continue to provide comprehensive support for Malibu's premier initiatives throughout the year, including the Malibu Just Ride Tour, Malibu Rider Experience Series, VIP Factory Tour Experience, WakeFest TN, and various dealer-focused programs across the United States. This collaboration ensures that Malibu Boats remains at the forefront of the industry, delivering exceptional experiences and a perfect on-water experience to boating enthusiasts. For more information, visit and Follow along on Instagram, YouTube, and Facebook. For more information on 2025 Chevrolet vehicles, visit General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. About Malibu Boats, Inc. Malibu Boats, Inc. (NYSE:MBUU) is a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive and outboard boats. Malibu Boats, Inc. is the market leader in the performance sport boat category through its Malibu and Axis boat brands, the leader in the 20' - 40' segment of the sterndrive boat category through its Cobalt brand, and in a leading position in the saltwater fishing boat market with its Pursuit and Cobia offshore boats and Pathfinder, Maverick, and Hewes flats and bay boat brands. A pre-eminent innovator in the powerboat industry, Malibu Boats, Inc. designs products that appeal to an expanding range of recreational boaters, fisherman and water sports enthusiasts whose passion for boating is a key component of their active lifestyles. For more information, visit or A photo accompanying this announcement is available at CONTACT: Media Contact: Malibu Boats Marketing Team connections@ (865) 458-5478Sign in to access your portfolio
