Malibu Boats Inc Class A
MBUU: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Y@P | LOCK|$@ | LOCK|?>!HWv |
Malibu Boats Earnings: A Consistent Return to Growth in Sales and Profit Remains Elusive for Now
Malibu's fourth quarter saw sales growth of 30% and an adjusted EBITDA margin of 9.5% (versus an EBITDA loss last year). Gross margin expanded 790 basis points, to 16%, as promotions decelerated. But another tough year is in the cards, with sales set for a flat to a mid-single-digit decline.
