MasterCraft Boat Holdings reported net sales of $71.8 million for the quarter ended December 28, 2025, representing a year-over-year increase of $8.4 million, or 13.2%, driven by higher unit volumes, favorable model mix and option sales, and price increases. Gross margin expanded by 440 basis points compared with the prior-year period, reflecting effective cost controls coupled with increased revenues. Income from continuing operations rose to $2.5 million, or $0.15 per diluted share, compared with $0.4 million, or $0.03 per diluted share, in the second quarter of fiscal 2025. On a non-GAAP basis, Adjusted Net Income improved to $4.7 million, or $0.29 per diluted share, up from $1.7 million, or $0.10 per diluted share, while Adjusted EBITDA climbed to $7.5 million, up $3.9 million year-over-year, resulting in an Adjusted EBITDA margin of 10.4%, versus 5.6% in the prior year.

In February 2026 MasterCraft entered into a definitive agreement to acquire Marine Products Corporation in a transaction valued at approximately $232.2 million, net of acquired cash. Upon closing in the second quarter of calendar 2026, the combined business will operate five brands—MasterCraft, Crest, Balise, Chaparral and Robalo—with pro forma net sales of about $560 million and projected adjusted EBITDA of $64 million. The deal is expected to be accretive to adjusted earnings per share in fiscal 2027 and will be financed through existing cash resources and an amended credit agreement providing a $75 million revolving facility maturing in February 2031.

Following second-quarter results and the pending acquisition, MasterCraft raised its full-year fiscal 2026 guidance to consolidated net sales of $300 million to $310 million, adjusted EBITDA of $36 million to $39 million, and adjusted earnings per share of $1.45 to $1.60. The company continues to expect approximately $9 million of capital expenditures for the year. For the third quarter of fiscal 2026, Management forecasts net sales of around $75 million, adjusted EBITDA of approximately $9 million and adjusted earnings per share of $0.35, excluding any contribution from the Marine Products combination.