Malibu Boats Inc Class A
MBUU: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| C$ | LOCK|$k | LOCK|fP#qfmw |
Malibu Earnings: Operating Efficiencies Set to Surface as Industry Stabilizes and Sales Growth Resumes
Malibu's second-quarter sales decline of 6% suffered from a 10% unit volume downtick but was aided by a 4% average selling price increase. The adjusted EBITDA margin contracted 410 basis points to 4.3% as the promotional environment remained elevated and expense deleverage ensued.
