MasterCraft Boat Holdings (MCFT) Q4 2026 Earnings Report

The call was strongly positive overall. The company reported substantial revenue, adjusted EBITDA, margin, retail, cash-flow, and balance-sheet improvements, outperformed declining industry conditions, completed a transformational acquisition, and provided constructive transition-period guidance. These strengths outweighed the acknowledged challenges of a 5%-10% expected retail decline, delayed market recovery, pontoon and runabout weakness, the Crest impairment, acquisition-related accounting effects, and lower near-term acquired-brand margins.

For the six-month transition period covering July through December 2026, the combined company expects net sales of between $287 million and $291 million, adjusted EBITDA of between $29 million and $32 million, adjusted earnings per share between $0.66 and $0.76, and capital expenditures of approximately $9 million; for the upcoming September quarter, it expects net sales of approximately $147 million, adjusted EBITDA of approximately $16 million, and adjusted earnings per share of approximately $0.40. The company expects retail market demand to be down approximately 5%-10% over the next six months, will align wholesale production with retail demand, and expects Chaparral and Robalo run rate volume to remain fairly flat on how it exited Q4; depreciation for those businesses is expected to run at approximately $2.7 million per quarter, amortization is expected to normalize at approximately $0.6 million per quarter, and adjusted EBITDA margins are going to be somewhere in that same range as the six-week period’s about 5.5% on a go-forward basis until the company gets through some of its synergies and some of the initial investments.