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MCFT said net sales rose 22.8% to $348.9 million in fiscal 2026, helped by the Marine Products acquisition and higher unit volumes. Gross margin improved to 22.9%, adjusted EBITDA more than doubled to $45.6 million, but a $10.1 million impairment and $15.2 million in transaction costs led to a net loss for the year.
The company said fiscal 2026 net sales increased 22.8% to $348.9 million and adjusted EBITDA rose 87.1% to $45.6 million. It also completed its acquisition of Marine Products Corporation, adding Chaparral and Robalo brands and realigning reportable segments.
Fiscal 2026 net sales rose 22.8% to $348.9 million, and Adjusted EBITDA nearly doubled. The company cited strong core operations and the Marine Products acquisition, while reporting a GAAP loss from one-time charges.