MasterCraft Q3 revenues drop 42%

> Subscriber-only, By Craig Ritchie2024-05-08T13:49:00

Continued high interest rates slice revenues, earnings for US boatbuilder

The damaging impacts of high interest rates came into focus again Wednesday as Tennessee, US-based boatbuilder MasterCraft Boat Holdings Inc released its 2024 third-quarter financial results, reporting year-over-year decreases in both revenues and profits.

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