MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Q2 2024 Earnings Call Transcript

Michael Swartz: Okay. And then maybe just a follow-up on Aviara. We have to discuss that in a little bit, but some change in leadership, it sounds like there. Just maybe give us a little bit of a backdrop on where we are from a profitability standpoint. I think years ago the view was that this brand would be from a profitability standpoint in line with the corporate average. I guess is that still the target today?

Tim Oxley: Our target hasn’t changed, and we believe with a new leader down there that we expect this to be an inflection point between a new leader and getting the four models variance of the 28 up to speed, we expect both those things to be positive for things on a go-forward basis. I think that Q2 was kind of a low point, and we’re going to climb out of that. But in the long term, we do expect the margin opportunity there to be second only to MasterCraft within our portfolio.

Operator: I show no further questions, and this will conclude the question-and-answer session. Thank you for participating. And this concludes today’s conference call. You may now disconnect. Have a great day.