Earnings Feed

MBUU

Consumer

Adjusted EBITDA margin for Malibu segment improved to 19.4%, while Saltwater Fishing and Cobalt segments saw margin declines.
Fiscal 2025 gross profit decreased 2% to $144.1 million, with adjusted EBITDA down 9.1% to $74.8 million and margin slipping 60 basis points to 9.3%.
Free cash flow remained strong at $28.9 million for the year, with $35.9 million returned to shareholders via share repurchases.
Full fiscal year 2025 net sales declined 2.6% to $807.6 million, and unit volume decreased 9% to 4,898 boats.
GAAP net income for Q4 increased to $4.8 million, and adjusted net income per share grew 205% to $0.42.
Gross profit surged 162.1% to $32.7 million, with gross margin improving to 15.8% from 7.9% year-over-year.
Q4 adjusted EBITDA rose to $19.7 million, with adjusted EBITDA margin expanding by 1,210 basis points to 9.5%.
Q4 net sales increased 30.4% to $207 million, with unit volume up 16.8% to 1,221 boats.

TJX

Consumer

Diluted earnings per share grew 15% to $1.10, well above expectations.
Gross margin improved 30 basis points primarily due to favorable hedges, while merchandise margin remained flat despite higher tariffs.
Inventory increased 14% on balance sheet and 10% per store, reflecting buying into quality branded merchandise opportunities.
Net interest income negatively impacted pre-tax profit margin by 10 basis points compared to last year.
Pre-tax profit margin rose 50 basis points year-over-year to 11.4%, 90 basis points above the high end of plan.
Second quarter comp sales increased 4%, exceeding expectations and driven by higher customer transactions across all divisions.
SG&A expenses decreased 30 basis points due to operational efficiencies and timing of expenses.
Strong segment profit margin growth in key divisions: Marmaxx at 14.2%, HomeGoods at 10% growth with 90 basis points margin increase, TJX Canada comp sales up 9% with 100 basis points margin growth.