Malibu Boats swings to net income of $6.11 million for three months ended Sept. 30, 2026
Bitget2026/11/05 12:19- Malibu Boats swung to net income of $6.11 million for the three months ended September 30, 2026, reversing a year-earlier loss.
- Net sales climbed 30% year over year to $252.94 million, driven primarily by the Saxdor acquisition.
- Operating cash flow turned negative at $31.09 million, driven primarily by inventory rebuilding and higher trade receivables.
- Management will continue aligning wholesale shipments with retail demand to support dealers through the downturn.
- For the three months ending December 31, 2026, net sales are forecast at $236 million to $248 million.
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