Malibu Boats beats Q1 estimates as premium demand, Saxdor deal support outlook

Malibu Boats Inc. (NASDAQ: MBUU) reported fiscal first-quarter revenue and adjusted profit above Wall Street estimates, helped by demand from premium boat buyers, new model launches and early benefits from its Saxdor Yachts acquisition. Revenue rose 3.1% year over year to $235.7 million, topping analyst expectations. Non-GAAP earnings were 56 cents a share, 54.5% above consensus. The company guided for full-year revenue of $883 million at the midpoint, 1.8% above estimates. Shares traded at $28.50 after the report, up from $25.40 before earnings. Management cited strong demand for higher-end models, including the Pursuit DC 286 and Pathfinder 2800 Hybrid, along with disciplined dealer inventory management. CEO Steven Menneto said the company’s brands and customer base skew toward buyers that have historically been more resilient during periods of macroeconomic stress. Malibu said its outlook depends on integrating Saxdor, expanding North American manufacturing, centralized sourcing and managing input costs and tariff exposure.