Sign in

    Adam FoxTruist Securities

    Adam Fox is a Managing Director and Senior Equity Analyst at Truist Securities, specializing in technology sector research with a focus on data center suppliers and electronic components. He covers major companies such as Amphenol, providing detailed analysis on financial performance and sector innovation, and has established a reputation for insightful coverage of technology-driven margin expansion and sales mix evolution. Fox began his career as an equity analyst in the early 2000s, previously holding roles at other investment firms before joining Truist Securities where he quickly advanced to a senior leadership role. He holds multiple securities licenses and is FINRA-registered, supporting his recognized expertise and effectiveness as an equity research professional.

    Adam Fox's questions to Mastercraft Boat Holdings Inc (MCFT) leadership

    Adam Fox's questions to Mastercraft Boat Holdings Inc (MCFT) leadership • Q3 2025

    Question

    Adam Fox of Truist Securities, on for Michael Schwartz, asked about the market response to the new Balise pontoon brand, its fiscal 2025 revenue outlook, and recent retail trends observed in April and May.

    Answer

    CEO Bradley Nelson confirmed they are still anticipating approximately $10 million in net sales from Balise in fiscal 2025, noting a positive response and the signing of over 20 new dealers despite a conscious low-rate production ramp. Regarding recent retail, CFO Timothy Oxley stated that while Q4 has easier comps, they still see a path to being down around 10% for the year. Nelson added that while premium buyers are active, helping the XStar model, broad and sustained retail momentum has not yet materialized, though some 'green shoots' are visible.

    Ask Fintool Equity Research AI