Malibu Boats Inc Class A
MBUU: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| rm | LOCK|wCM | LOCK|Tb^r>H |
Malibu Earnings: Boat Demand Continues to Bump Along Lows, but Margins Signal Improvement Ahead
Malibu's third-quarter sales grew 3% as 18% higher average selling prices (including Saxdor's 66 incremental units) offset a 12% volume decline. EBITDA margin contracted 275 basis points, to 9.6%, on fixed cost deleverage and mix input cost inflation, but expanded 420 basis points sequentially.
