Malibu Boats, Inc. (NASDAQ:MBUU) Q2 2023 Earnings Call Transcript

Eric Wold: Got it. Thanks Jack.

Jack Springer: Thank you.

Operator: And I’m not showing any further questions at this time. I’d like to turn the call back over to Jack for any further remarks.

Jack Springer: Thank you. In summary, our first half results yet again demonstrate the inherent strength and capabilities of our brands. We remain confident in our ability to deliver value to our shareholders while maintaining our guidance for fiscal year 2023. We continue to capitalize on the resilient retail environment, particularly across our saltwater segment as evidenced by the success of our recent boat shows. While supply chain disruptions continue to impact production, we’re seeing incremental signs of improvement and have increased unit volumes year-over-year. Our channel inventories have begun to normalize across all segments to varying degrees, led by our freshwater segment, specifically Malibu and Cobalt. Our strategic planning, operational excellence and supply chain management continues to support our outperformance, and we remain confident in our ability to execute in any macro environment as we will continue to leverage the horsepower of our unmatched operational capabilities, vertical integration efforts and visionary team to deliver profitable growth.

As always, I want to thank you for your support and for joining us this morning as we look to deliver on our strategic objectives and grow our leading brands through the second half of fiscal year 2023. Have a great day.

Operator: And this concludes today’s conference call. Thank you for participating. You may now disconnect.