NASDAQ:MBUU - Nasdaq - US56117J1007 - Common Stock - Currency: USD
Let’s dig into the relative performance of Solo Brands (NYSE:DTC) and its peers as we unravel the now-completed Q4 leisure products earnings season.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Smith & Wesson (NASDAQ:SWBI) and its peers.
Shares of recreational boats manufacturer Malibu Boats (NASDAQ:MBUU) jumped 9.3% in the morning session after the company reported strong fourth-quarter results that blew past analysts' EPS, and revenue outperformed Wall Street's estimates. The results were commendable despite a challenging operating environment with management observing "weaker retail market trends." Zooming out, we think this quarter featured some important positives.