Malibu Boats: Strong Sales, Weak Profits

Malibu Boats just dropped a bombshell earnings report: sales soared past expectations, growing 30% to $207 million! But beneath the surface, profits sputtered, missing analyst targets. Is this a true turnaround for the boat maker, or just a flash in the pan? Investors are skeptical, as the stock price dipped despite the revenue surge. Get the full breakdown on Malibu's mixed signals and what it means for the future. Hosted on Acast. See acast.com/privacy for more information.