Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for Second Quarter Fiscal 2026 Financial Results

Looking back on leisure products stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Acushnet and its peers.

Leisure products cover a wide range of goods in the consumer discretionary sector. Maintaining a strong brand is key to success, and those who differentiate themselves will enjoy customer loyalty and pricing power while those who don’t may find themselves in precarious positions due to the non-essential nature of their offerings.

The 12 leisure products stocks we track reported a very strong Q3. As a group, revenues beat analysts’ consensus estimates by 3.8% while next quarter’s revenue guidance was in line.

Thankfully, share prices of the companies have been resilient as they are up 8.6% on average since the latest earnings results.

Acushnet

Producer of the acclaimed Titleist Pro V1 golf ball, Acushnet is a design and manufacturing company specializing in performance-driven golf products.

Acushnet reported revenues of $657.7 million, up 6% year on year. This print exceeded analysts’ expectations by 3.8%. Overall, it was a strong quarter for the company with an impressive beat of analysts’ adjusted operating income estimates.

Interestingly, the stock is up 23.7% since reporting and currently trades at $93.14.

Best Q3: American Outdoor Brands

Spun off from Smith and Wesson in 2020, American Outdoor Brands is an outdoor and recreational products company that offers outdoor and shooting sports products but does not sell firearms themselves.

American Outdoor Brands reported revenues of $57.2 million, down 5% year on year, outperforming analysts’ expectations by 12.3%. The business had an incredible quarter with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

American Outdoor Brands achieved the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 11.1% since reporting. It currently trades at $8.58.

Weakest Q3: Ruger

Founded in 1949, Ruger is an American manufacturer of firearms for the commercial sporting market.

Ruger reported revenues of $126.8 million, up 3.7% year on year, exceeding analysts’ expectations by 2.1%. Still, it was a softer quarter as it posted a significant miss of analysts’ EBITDA estimates and a significant miss of analysts’ EPS estimates.

As expected, the stock is down 14.7% since the results and currently trades at $37.52.

Read our full analysis of Ruger’s results here.

Harley-Davidson

Founded in 1903, Harley-Davidson is an American motorcycle manufacturer known for its heavyweight motorcycles designed for cruising on highways.

Harley-Davidson reported revenues of $1.34 billion, up 16.5% year on year. This result surpassed analysts’ expectations by 2.8%. Overall, it was a stunning quarter as it also put up a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

Harley-Davidson pulled off the fastest revenue growth among its peers. The stock is down 23.7% since reporting and currently trades at $20.67.

Read our full, actionable report on Harley-Davidson here, it’s free.

Malibu Boats

Founded in California in 1982, Malibu Boats is a manufacturer of high-performance sports boats and luxury watercrafts.

Malibu Boats reported revenues of $194.7 million, up 13.5% year on year. This print beat analysts’ expectations by 4.3%. It was an exceptional quarter as it also produced a beat of analysts’ EPS estimates and a solid beat of analysts’ adjusted operating income estimates.

The stock is up 3.4% since reporting and currently trades at $33.69.

Read our full, actionable report on Malibu Boats here, it’s free.

What Happened?

Shares of recreational boats manufacturer Malibu Boats jumped 2.5% in the morning session after an SEC filing disclosed an open-market purchase of company stock by insider Michael Connolly. 

The Form 4 filing, made public on January 5th, detailed the transaction from January 2nd. Insider buying is often viewed by the market as a strong signal of confidence from those who know the company best. When a key figure within the company invested their own money, it suggested a belief that the stock price was poised to rise. This act bolstered investor sentiment, as it pointed to a positive outlook on the company's future performance from an insider's perspective.

After the initial pop the shares cooled down to $29.89, up 4.5% from previous close.

What Is The Market Telling Us

Malibu Boats’s shares are quite volatile and have had 18 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The biggest move we wrote about over the last year was 4 months ago when the stock dropped 14.6% on the news that the company reported second-quarter results where a revenue beat was overshadowed by a miss on Wall Street's profit expectations. 

The maker of performance sports boats posted revenue of $207 million, exceeding analysts' forecasts of $196.4 million. However, the company's profitability fell short, with adjusted earnings of $0.42 per share missing the consensus estimate of $0.46. Furthermore, its adjusted EBITDA of $19.66 million also came in below Wall Street's expectation of $21.32 million. The stronger-than-expected sales were not enough to please investors, who focused on the weaker-than-anticipated profitability, signaling a challenging quarter for the company.

Malibu Boats is up 4.5% since the beginning of the year, but at $29.89 per share, it is still trading 24.4% below its 52-week high of $39.52 from August 2025. Investors who bought $1,000 worth of Malibu Boats’s shares 5 years ago would now be looking at an investment worth $463.84.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the leisure products stocks, including American Outdoor Brands and its peers.

Leisure products cover a wide range of goods in the consumer discretionary sector. Maintaining a strong brand is key to success, and those who differentiate themselves will enjoy customer loyalty and pricing power while those who don’t may find themselves in precarious positions due to the non-essential nature of their offerings.

The 12 leisure products stocks we track reported a very strong Q3. As a group, revenues beat analysts’ consensus estimates by 3.8% while next quarter’s revenue guidance was in line.

In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results.

Best Q3: American Outdoor Brands

Spun off from Smith and Wesson in 2020, American Outdoor Brands is an outdoor and recreational products company that offers outdoor and shooting sports products but does not sell firearms themselves.

American Outdoor Brands reported revenues of $57.2 million, down 5% year on year. This print exceeded analysts’ expectations by 12.3%. Overall, it was an incredible quarter for the company with a beat of analysts’ EPS and EBITDA estimates.

Brian Murphy, President and CEO, said, "Our commitment to innovation, paired with disciplined execution of our long-term strategy to enter new outdoor categories, is fueling the strength of our growth brands and the engagement we are seeing from consumers and retail partners. Pull-through of our products at retail was notably strong during the quarter, with total POS up 4% year-over-year. Together, these factors enabled us to deliver second-quarter results that surpassed our expectations, even amid a dynamic retail backdrop.

American Outdoor Brands scored the biggest analyst estimates beat but had the slowest revenue growth of the whole group. Unsurprisingly, the stock is up 7.4% since reporting and currently trades at $8.30.

Harley-Davidson

Founded in 1903, Harley-Davidson is an American motorcycle manufacturer known for its heavyweight motorcycles designed for cruising on highways.

Harley-Davidson reported revenues of $1.34 billion, up 16.5% year on year, outperforming analysts’ expectations by 2.8%. The business had a stunning quarter with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

Harley-Davidson delivered the fastest revenue growth among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 22.7% since reporting. It currently trades at $20.96.

Weakest Q3: Ruger

Founded in 1949, Ruger is an American manufacturer of firearms for the commercial sporting market.

Ruger reported revenues of $126.8 million, up 3.7% year on year, exceeding analysts’ expectations by 2.1%. Still, it was a softer quarter as it posted a significant miss of analysts’ EBITDA estimates and a significant miss of analysts’ EPS estimates.

As expected, the stock is down 29.1% since the results and currently trades at $31.18.

Read our full analysis of Ruger’s results here.

MasterCraft

Started by a waterskiing instructor, MasterCraft specializes in designing, manufacturing, and selling sport boats.

MasterCraft reported revenues of $69 million, up 5.6% year on year. This print surpassed analysts’ expectations by 3%. Overall, it was a very strong quarter as it also put up a beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates.

MasterCraft delivered the highest full-year guidance raise among its peers. The stock is down 7.6% since reporting and currently trades at $19.82.

Read our full, actionable report on MasterCraft here, it’s free for active Edge members.

Malibu Boats

Founded in California in 1982, Malibu Boats is a manufacturer of high-performance sports boats and luxury watercrafts.

Malibu Boats reported revenues of $194.7 million, up 13.5% year on year. This result beat analysts’ expectations by 4.3%. It was an exceptional quarter as it also recorded a beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.

The stock is down 10.4% since reporting and currently trades at $29.19.

Read our full, actionable report on Malibu Boats here, it’s free for active Edge members.