Latest news with #MasterCraft
Yahoo
3 days ago
- Sport
- Yahoo
‘Let Her Rip' clinics empowering women through watersports
VONORE, Tenn. (WATE) — About five years ago, MasterCraft and eight-time world champion wakeboarder Meagan Ethell had a vision of empowering women through water sports. 'Let Her Rip' was the result. The clinic made a stop in East Tennessee this week, one of seven stops around the country this summer. The day brought both learning and laughs on Tellico Lake. Football & fireworks: The staples of Anderson County fall Friday nights 'I love that this Let Her Rip teaches us not only how to surf better, but the camaraderie, And to drive to boat. Because women don't always get to drive the boat, so one of my favorites parts today was learning how to drive the boat and learn the skills to really just makes us more water aware,' said participant Marcia Kish. For several years now, East Tennessee has been a stop for on the Let Her Rip tour, providing a day to grow the love and knowledge of watersports among women. 'Having a boat full of women, it just really adds confidence to the group of girls that are on the boat and it makes a huge difference when women are supporting each other and that really just helped create that confidence in and behind the boat,' Ethell said. Jake Dawson takes charge of Clinton football as one of state's youngest coaches When MasterCraft and Ethell collaborate on the idea, wakesurfing, wakeboarding, boat knowledge, water awareness were the focus, but empowering women was always the forefront. 'Growing up, I had a lot of awesome women influences on the water and I just wanna help try and create that for other females,' Ethell said. 'Because it's that one person that can help to create that confidence that can make the difference on if you like water sports or not.' In a male-dominated sport, 'Let Her Rip' inspires confidence through women supporting women. ▶ See more top stories on 'Everyone just being together and being so supportive that made it so fun and we had skillsets of the best of the best and people who were just starting,' said participant Ellie Watson. 'To be able to bring that together and have camaraderie through that was so much fun.' As 'Let Her Rip has grown over the last few years, so has the amount of women in the sport. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
20-05-2025
- Business
- Yahoo
MasterCraft Boat Company Launches Third-Annual ‘Surf to Save Lives' Campaign in Support of St. Jude Children's Research Hospital®
MasterCraft Unites Watersports Community with Season-Long Fundraising Platform to Support St. Jude's Lifesaving Mission Pledging $75,000 in 2025, Bringing Total Funds Raised to $225,000 Since 2023 VONORE, Tenn., May 20, 2025 (GLOBE NEWSWIRE) -- With summer on the horizon and families gearing up to make unforgettable memories on the water, MasterCraft Boat Company, a subsidiary of MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) and the best-selling towboat brand, today announced the return of its popular philanthropic campaign, Surf to Save Lives. Entering its third year, the campaign unites the watersports community to raise funds for St. Jude Children's Research Hospital® and support its lifesaving mission against childhood cancer and other life-threatening diseases. Over the past two years, MasterCraft has donated $150,000 towards St. Jude Children's Research Hospital, reaching the campaign's maximum annual donation of $75,000 each year. This year, the mission remains the same, with MasterCraft committed to supporting St. Jude's lifesaving work of ensuring that families never receive a bill for treatment, travel, housing, or food so they can focus entirely on their child's care. From May 23 to September 30, boaters nationwide can take part in the Surf to Save Lives campaign by logging their on-water activities through the MasterCraft Connect app. Whether wakeboarding, waterskiing, tubing, or wakesurfing, participants can make every moment on the water count towards supporting St. Jude's lifesaving mission, as MasterCraft will donate $1 for every minute logged behind a boat this season and has pledged a maximum of $75,000 towards St Jude's efforts. Participation in the campaign is open to all boaters, not just MasterCraft owners, making it easy for anyone to join the cause by simply downloading the app and logging their time. 'We couldn't be more excited to continue the Surf to Save Lives campaign with St. Jude,' said Krista Schipner, Vice President of Marketing at MasterCraft. 'It has been incredibly rewarding to hear how this initiative has positively impacted St. Jude families, and we're looking forward to another summer of creating meaningful memories on the water, all while supporting a cause that's close to our hearts.' At St. Jude, some children's care can surpass more than $1 million per patient for a variety of reasons. More than 50 percent of St. Jude patients are under- or uninsured. However, even if a family has insurance, St. Jude will bill the insurance company, but no family ever receives a bill from St. Jude for care, and no family is asked to pay co-pays or deductibles. As the inspiring face of MasterCraft's Surf to Save Lives campaign, Alexa Score embodies its very spirit. A childhood cancer survivor who defied the odds, Score turned her diagnosis into a life and career fueled by strength, adventure, and purpose, becoming a professional wakeboarder, TV host, and advocate. During her toughest times, she found solace on the water, which is why she remains committed to championing the Surf to Save Lives campaign as its official spokesperson. 'Since the launch of this campaign, my excitement has only grown each year,' said Score. 'It's been an honor to support St. Jude's mission in partnership with MasterCraft, and every summer, I look forward to seeing boaters across the country turn their time on the water into something truly meaningful.' Beyond the Surf to Save Lives campaign, MasterCraft team members also have the opportunity to support St. Jude through a dedicated Employee Giving Program. For more information about MasterCraft and the Surf to Save Lives campaign, please visit Make sure to follow MasterCraft and Alexa Score on Instagram. About MasterCraft:MasterCraft is a world-renowned innovator, designer, manufacturer, and marketer of premium performance sport boats. Founded in 1968, MasterCraft has cultivated its iconic brand image through a rich history of industry-leading innovation, and more than five decades after the original MasterCraft made its debut, the company's goal remains the same - to continue building the world's best ski, wakeboard, wake surf, and luxury performance powerboats. About MasterCraft Boat Holdings, Inc.:Headquartered in Vonore, TN, MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) is a leading innovator, designer, manufacturer, and marketer of premium recreational powerboats through its three brands, MasterCraft, Crest, and Balise. For more information about MasterCraft Boat Holdings, please visit and About St. Jude Children's Research Hospital®St. Jude Children's Research Hospital is leading the way the world understands, treats, and defeats childhood cancer and other life-threatening diseases. Its purpose is clear: Finding cures. Saving children.® It is the only National Cancer Institute-designated Comprehensive Cancer Center devoted solely to children. When St. Jude opened in 1962, childhood cancer was largely considered incurable. Since then, St. Jude has helped push the overall survival rate from 20% to more than 80%, and it won't stop until no child dies from cancer. St. Jude shares the breakthroughs it makes to help doctors and researchers at local hospitals and cancer centers around the world improve the quality of treatment and care for even more children. Because of generous donors, families never receive a bill from St. Jude for treatment, travel, housing, or food, so they can focus on helping their child live. Visit St. Jude Inspire to discover powerful St. Jude stories of hope, strength, love, and kindness. Support the St. Jude mission by donating to liking St. Jude on Facebook, following St. Jude on X, Instagram, LinkedIn, and TikTok, and subscribing to its YouTube channel. Media Contact:Mandie AlbertThe Brand AmpMasterCraftPR@ 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
14-05-2025
- Business
- Yahoo
1 Safe-and-Steady Stock with Competitive Advantages and 2 to Question
A stock with low volatility can be reassuring, but it doesn't always mean strong long-term performance. Investors who prioritize stability may miss out on higher-reward opportunities elsewhere. Finding the right balance between safety and returns isn't easy, which is why StockStory is here to help. Keeping that in mind, here is one low-volatility stock that could succeed under all market conditions and two stuck in limbo. Rolling One-Year Beta: 0.05 Best known for its Jack Daniel's whiskey, Brown-Forman (NYSE:BF.B) is an alcoholic beverage company with a broad portfolio of brands in wines and spirits. Why Do We Think Twice About BF.B? Muted 2.6% annual revenue growth over the last three years shows its demand lagged behind its consumer staples peers Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Projected sales growth of 1.4% for the next 12 months suggests sluggish demand Brown-Forman is trading at $34.94 per share, or 19.5x forward P/E. To fully understand why you should be careful with BF.B, check out our full research report (it's free). Rolling One-Year Beta: 0.88 Started by a waterskiing instructor, MasterCraft (NASDAQ:MCFT) specializes in designing, manufacturing, and selling sport boats. Why Are We Hesitant About MCFT? Performance surrounding its boats sold has lagged its peers Capital intensity will likely increase as its free cash flow margin is anticipated to drop by 9.2 percentage points over the next year Diminishing returns on capital suggest its earlier profit pools are drying up MasterCraft's stock price of $18.41 implies a valuation ratio of 13.8x forward P/E. If you're considering MCFT for your portfolio, see our FREE research report to learn more. Rolling One-Year Beta: 0.48 Founded in 2002 during a time of significant regulatory change in corporate America, Huron Consulting Group (NASDAQ:HURN) is a professional services company that helps organizations develop growth strategies, optimize operations, and implement digital transformation solutions. Why Could HURN Be a Winner? Annual revenue growth of 13.1% over the last two years was superb and indicates its market share increased during this cycle Adjusted operating margin improvement of 8.6 percentage points over the last five years demonstrates its ability to scale efficiently Share buybacks catapulted its annual earnings per share growth to 34.7%, which outperformed its revenue gains over the last two years At $152 per share, Huron trades at 20.3x forward P/E. Is now a good time to buy? Find out in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. 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 for free.
Yahoo
07-05-2025
- Business
- Yahoo
MasterCraft (NASDAQ:MCFT) Beats Q1 Sales Targets But Full-Year Sales Guidance Misses Expectations Significantly
Sport boat manufacturer MasterCraft (NASDAQ:MCFT) reported revenue ahead of Wall Street's expectations in Q1 CY2025, but sales fell by 20.6% year on year to $75.96 million. On the other hand, the company's full-year revenue guidance of $275 million at the midpoint came in 3.7% below analysts' estimates. Its non-GAAP profit of $0.30 per share was 70.5% above analysts' consensus estimates. Is now the time to buy MasterCraft? Find out in our full research report. MasterCraft (MCFT) Q1 CY2025 Highlights: Revenue: $75.96 million vs analyst estimates of $74.92 million (20.6% year-on-year decline, 1.4% beat) Adjusted EPS: $0.30 vs analyst estimates of $0.18 (70.5% beat) Adjusted EBITDA: $7.49 million vs analyst estimates of $5.1 million (9.9% margin, 46.8% beat) The company dropped its revenue guidance for the full year to $275 million at the midpoint from $285 million, a 3.5% decrease Management lowered its full-year Adjusted EPS guidance to $0.71 at the midpoint, a 5.3% decrease EBITDA guidance for the full year is $20 million at the midpoint, below analyst estimates of $21.1 million Operating Margin: 5.4%, up from 4.2% in the same quarter last year Free Cash Flow was $6.68 million, up from -$3.00 million in the same quarter last year Boats Sold: 619, down 186 year on year Market Capitalization: $264.4 million Brad Nelson, Chief Executive Officer, commented, 'Our business performed well during the third quarter against a backdrop of macroeconomic and demand uncertainty. Our near-term focus continues to be centered around closely managing production levels, driving focused innovation, and delivering operating efficiencies – all while maximizing cash flow and aggressively managing costs.' Company Overview Started by a waterskiing instructor, MasterCraft (NASDAQ:MCFT) specializes in designing, manufacturing, and selling sport boats. Sales Growth A company's long-term sales performance is one signal of its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. MasterCraft struggled to consistently generate demand over the last five years as its sales dropped at a 9% annual rate. This was below our standards and is a sign of lacking business quality. MasterCraft Quarterly Revenue Long-term growth is the most important, but within consumer discretionary, product cycles are short and revenue can be hit-driven due to rapidly changing trends and consumer preferences. MasterCraft's recent performance shows its demand remained suppressed as its revenue has declined by 37.4% annually over the last two years. MasterCraft Year-On-Year Revenue Growth MasterCraft also discloses its number of boats sold, which reached 619 in the latest quarter. Over the last two years, MasterCraft's boats sold averaged 40.8% year-on-year declines. Because this number is lower than its revenue growth during the same period, we can see the company's monetization has risen.
Yahoo
06-05-2025
- Business
- Yahoo
MasterCraft (MCFT) To Report Earnings Tomorrow: Here Is What To Expect
Sport boat manufacturer MasterCraft (NASDAQ:MCFT) will be announcing earnings results tomorrow before market hours. Here's what to expect. MasterCraft beat analysts' revenue expectations by 4.4% last quarter, reporting revenues of $63.37 million, down 29.4% year on year. It was a mixed quarter for the company, with an impressive beat of analysts' EPS estimates but EBITDA guidance for next quarter missing analysts' expectations significantly. It reported 553 boats sold, down 35.4% year on year. Is MasterCraft a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting MasterCraft's revenue to decline 21.7% year on year to $74.92 million, improving from the 42.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.18 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. MasterCraft has missed Wall Street's revenue estimates four times over the last two years. Looking at MasterCraft's peers in the leisure products segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Harley-Davidson's revenues decreased 23.1% year on year, missing analysts' expectations by 1.2%, and Brunswick reported a revenue decline of 10.5%, topping estimates by 7.9%. Harley-Davidson traded up 5% following the results while Brunswick was also up 3.6%. Read our full analysis of Harley-Davidson's results here and Brunswick's results here. There has been positive sentiment among investors in the leisure products segment, with share prices up 9.2% on average over the last month. MasterCraft is up 5.1% during the same time and is heading into earnings with an average analyst price target of $19.75 (compared to the current share price of $16.15). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. 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
