Malibu Boats: Strong Sales, Cautious Outlook

Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Sabato

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Malibu Boats' latest earnings: A mixed bag! Sales soared past expectations, jumping 30%, but profits sank, disappointing Wall Street. Despite selling more boats and recovering operating margins, the stock dipped as the CEO warned of a difficult retail environment and lingering inventory issues. Malibu's playing it safe, launching new models while bracing for tariff headwinds. Will dealers clear inventory and new boats boost sales? The next quarter will reveal if Malibu can navigate these choppy waters. Hosted on Acast. See acast.com/privacy for more information.

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