Malibu Boats Inc Class A

MBUU: XNAS (USA)
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Malibu Earnings: Marine Market Outlook Remains Soft, Creating Cost Friction for Boat Manufacturers

Malibu's first-quarter sales growth of 13.5% included shipment volume that rose 10% and average selling prices that increased 3%. Although the marine market outlook is weak, the firm maintained its full-year outlook for flat to down mid-single-digits net sales and adjusted EBITDA margin of 8%-9%.

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