Malibu Boats Inc Class A
MBUU: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| T< | LOCK|mt | LOCK|j>!GNS |
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%.
