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The Latest Breaking News from MarineMax Inc

3 Boating Stocks to Buy as the Weather Heats Up

The boating market is gaining traction with people’s increasing interest in outdoor activities. With the pandemic-related restrictions at ease, this summer is expected to attract many to this watersport. Given the market’s favorable prospects, the boating stocks MasterCraft (MCFT), BRP (DOOO), and MarineMax (HZO) might be solid additions to one’s…

StockNews.com · Jun 7, 2022

MarineMax Q2 Earnings Smashes Estimates, Boosts FY22 EPS Outlook

MarineMax Inc (NYSE:HZO) reported second-quarter FY22 sales growth of 17% year-on-year to $610.11 million, beating the consensus of $541.34 million. Same-store sales rose 7% versus 45% growth in the comparable quarter last year. EPS of $2.37 beat the analyst consensus of $1.78. Gross profit rose 30.9% Y/Y to $205.3 million, and the margin…

Benzinga · Apr 28, 2022

MarineMax Acquires France-Based Superyacht Management Company SYM For Undisclosed Sum

MarineMax Inc (NYSE:HZO) has acquired Superyacht Management S.A.R.L., better known as SYM, for an undisclosed sum. SYM is a superyacht management company based in Golfe Juan, France. SYM is being acquired by Northrop & Johnson, a superyacht brokerage and charter services business acquired by MarineMax in 2020. MarineMax CEO Brett McGill stated,…

Benzinga · Apr 5, 2022

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MarineMax Stock Surges On Q1 Beat, Raised FY22 Outlook

MarineMax Inc (NYSE:HZO) reported first-quarter FY22 sales growth of 15% year-on-year, to $472.7 million, beating the analyst consensus of $447.80 million. Same-store sales grew 9% versus over 20% growth in the comparable quarter last year. EPS of $1.59 beat the analyst consensus of $1.15. The gross profit rose 35.5% Y/Y to $167.2 million,…

Benzinga · Jan 27, 2022

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