MasterCraft Boat Holdings delivered a strong second quarter for fiscal 2026, reporting consolidated net sales of $71.8 million, a 13.2% increase year-over-year driven by higher unit volumes, favorable model mix and option sales, and selective price increases. Gross margin expanded by 440 basis points versus the prior year, reflecting effective cost controls and increased revenue. 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 year-ago quarter. On a non-GAAP basis, adjusted net income climbed to $4.7 million (or $0.29 per diluted share) from $1.7 million (or $0.10 per diluted share), while adjusted EBITDA reached $7.5 million, up from $3.5 million, lifting the margin to 10.4% from 5.6%. The company closed the quarter with $81.4 million in cash and investments, bolstering its liquidity position.

In a transformational transaction expected to close in the second calendar quarter of 2026, MasterCraft agreed to acquire Marine Products Corporation in a cash and stock deal valued at approximately $232.2 million. The combination brings together five leading marine brands—MasterCraft, Crest, Balise, Chaparral and Robalo—and creates pro forma net sales of roughly $560 million and pro forma adjusted EBITDA of about $64 million. The enlarged company will maintain headquarters in Vonore, Tennessee, with continued operations at Chaparral and Robalo facilities in Georgia. Management projects immediate accretion to adjusted earnings per share in fiscal 2027 and has secured a $75 million revolving credit facility maturing in 2031 to support integration and growth initiatives.

Building on second quarter momentum and the pending merger, MasterCraft raised its full-year fiscal 2026 targets. The company now expects consolidated net sales of $300 million to $310 million, adjusted EBITDA of $36 million to $39 million, and adjusted earnings per share between $1.45 and $1.60. Capital expenditures are forecast at approximately $9 million. For the third quarter, management anticipates net sales near $75 million, adjusted EBITDA of about $9 million, and adjusted earnings per share of $0.35. These projections exclude contributions from the Marine Products acquisition and reflect confidence in disciplined production management, dealer support, and ongoing product innovation.