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Steve Menneto

President and Chief Executive Officer, Malibu Boats

Search every verified Steve Menneto interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Steve Menneto, president and CEO of Malibu Boats, discussed the company’s fiscal 2026 fourth-quarter results on an August 2026 earnings call, reporting a 42.7% increase in net sales to $295.5 million and a 72.7% increase in adjusted EBITDA to $33.9 million, with margin expansion of 200 basis points versus the prior year. He provided fiscal 2027 guidance, projecting net sales of $1.08 billion to $1.12 billion and adjusted EBITDA of $101 million to $109 million, while noting that the company anticipates low to mid-single-digit growth across its legacy brands and mid-teens growth at its recently acquired Saxto luxury yacht brand. Menneto also addressed dealer network optimization, describing efforts to improve dealer support through co-op programs, financing initiatives, and marketing changes, rather than expanding or consolidating the dealer base. In a September 2026 podcast interview, Menneto reflected on his transition from the powersports industry to marine, comparing dealership operations and customer demographics between the two sectors. He discussed regulatory pressures facing wakeboats, such as lake-by-lake restrictions on wake size and distance from shore, and said that the industry should seek common ground with critics through better technology, such as tools to guide boat captains on safe operating depths and distances. In a separate interview, he highlighted Malibu’s vertical integration, noting that the company manufactures its own towers, engines, and wiring harnesses, and said that this approach helps control quality and achieve scale efficiencies across its acquired brands. He also stated that rising fuel prices have not correlated with reduced retail boat sales at the upper end of the market, with customers continuing to prioritize family boating experiences.

Recent appearances

  • Ep. #360 - From Power Sports to Marine: Insights from Malibu Boats CEO Steve Menneto

    Join us for an exciting episode of GarageCast as we sit down with Steve Menneto, the CEO of Malibu Boats and former executive at Polaris. In this episode, we dive deep into the world of power sports and marine industries, exploring the unique challenges and opportunities each sector faces. Steve shares his journey from running a Polaris dealership to leading one of the major boat brands in the marine space. We discuss the differences between power sports and marine dealerships, including inventory management, dealer demographics, and the importance of customer experience. Topics Covered:…

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  • Malibu Boats Q4 2026 Earnings Call | Powerboat Channel Inventories & Unit Margins Hold

    Malibu Boats Q4 2026 Earnings Conference Call. Twitter - https://x.com/i101yt If you find our work useful, please support us by purchasing a Super Thanks— it truly helps us a lot. #earningscall #StockMarketNews #conferenceCall Earnings Call | Earnings Conference Call | Earnings concall | concall | quarterly results | Stock News | Full Year results | Fiscal Year results | investment news | stock latest news | Annual Meeting of Shareholders | Annual Meeting of Unitholders | Special and Annual Meeting of Shareholders | AGM | Annual General Meeting If you want us to remove your company's ear…

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  • Inside Malibu Boats: How America's Top Boats Are Designed and Built | Steven Menneto - CEO Interview

    Go behind the scenes with the CEO of Malibu Boats for an inside look at one of the world's leading boat manufacturers. We discuss the company's family of brands, how premium boats are designed and assembled, and the engineering, manufacturing, and innovation that drive every product from concept to the water. Munro Live is the media division of Munro & Associates, an engineering consulting firm with a design-first approach. At Munro, we specialize in costing, benchmarking, and product & manufacturing optimization, helping our clients reimagine their products and processes to achieve better bu…

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  • Malibu Boats CEO: Boat industry hasn't come back but it isn't tailing off

    Steve Menneto, Malibu Boats CEO, joins 'Power Lunch' to discuss how the business is doing, the discretionary aspect of boats and much more.

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The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →