Griffin Bryan's questions to MasterCraft Boat Holdings (MCFT) leadership • Q2 2025
Question
Griffin Bryan from D.A. Davidson & Co. asked about the competitive landscape, specifically if competitors are achieving similar levels of inventory destocking. He also inquired if there is a specific interest rate level that management believes would trigger a rebound in retail purchasing.
Answer
Executive Timothy Oxley stated that MasterCraft has been highly competitive and successful at boat shows, despite a heavily discounted environment, particularly in the tough pontoon market. Regarding interest rates, he speculated that a further 50 to 100 basis point drop in long-term rates could stimulate retail demand. CEO Bradley Nelson added that any rate decrease is psychologically positive, but noted that MasterCraft brand buyers are less impacted due to a higher percentage of cash purchases, whereas the pontoon segment is more sensitive to financing costs.