The shares are held directly by Coliseum Capital Partners (WA:) and a separate investment advisory client account Coliseum Capital Management, LLC. Christopher S. Shackelton and Adam Gray, managers with equity interests in Coliseum Capital, disclaim beneficial ownership of the securities, except to the extent of their pecuniary interest.
Shares are held directly by Coliseum Capital Partners and a separate investment advisory client account of Coliseum Capital Management, LLC. Christopher S. Shackelton and Adam Gray, managers with equity interests in Coliseum Capital, disclaim beneficial ownership of the securities, except to the extent of their pecuniary interest.
Shares are held directly by Coliseum Capital Partners and a separate investment advisory client account of Coliseum Capital Management, LLC. Christopher S. Shackelton and Adam Gray, managers with equity interests in Coliseum Capital, disclaim beneficial ownership of the securities, except to the extent of their pecuniary interest.
In other recent news, MasterCraft Boat Holdings (NASDAQ: ), Inc. reported results for the first fiscal quarter of 2025, revealing a 31% decline in net sales to $65 million and a significant drop in adjusted EBITDA to $3.8 million from $14 million a year earlier. Despite these challenges, MasterCraft was able to reduce dealer inventory by nearly 500 units in the first quarter and more than 1,000 units year-over-year. The company also raised the lower end of its full-year guidance, with net sales expected to be between $270 million and $300 million, reflecting an optimistic outlook for future growth.
The redesigned XStar is expected to be delivered in the second half of the fiscal year, potentially boosting sales. Moreover, MasterCraft focuses on organic growth and strategic partnerships for expansion. However, the company anticipates a slight decline in average selling prices in the second quarter due to product mix. These are among the recent achievements in MasterCraft.
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