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Stock impact report

Malibu Boats: A Smooth-Sailing Stock Over A Series Of Crest And Troughs [Seeking Alpha]

Malibu Boats, Inc. (MBUU) 
Last malibu boats, inc. earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Robert Daly/iStock via Getty ImagesMalibu Boats, Inc. (NASDAQ:MBUUadequacy to sustain its operations without raising financial leverage. Meanwhile, the stock price moves sideways with a slight upside potential.Company PerformanceMalibu Boats, Inc. did not have a fruitful FY 2020. Its growth potential dropped as pandemic restrictions intensified. The unfortunate events that transpired made leisure activities, such as recreational boating non-essential. As such, its core operations became less robust. Despite this, the company maintained stability as it improved its core efficiency. It matched with the low-inflation environment, which helped it preserve its viability. For the next two years, it enjoyed success more than the industry expected. Revenue growth and margin expansion have been dramatic, exceeding pre-pandemic levels. And today, Malibu remainsa durable recreational boat provider. Prospects for the rest of FY 2023 remain as solid as in 2021-2022. Boat shows are ongoing, so recr Show less Read more
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