Dublin, Feb. 21, 2025 (GLOBE NEWSWIRE) -- The "Marinas Market Opportunities and Strategies to 2033" report has been added to ResearchAndMarkets.com's offering. This report describes and explains the marinas market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies withi...
MarineMax, the world's largest recreational boat and yacht retailer, has seen mixed financial performance, with revenue growth but declining profitability metrics due to economic challenges. After a 13.3% stock rise and shares being cheaper than peers, I have downgraded HZO stock from “strong buy” to 'buy' due to increased valuation. MarineMax's growth strategy includes acquisitions and margin ...
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat, yacht and superyacht services company, today announced that it has signed a definitive agreement to acquire Shelter Bay Marine (”Shelter Bay”), a full-service marina and storage facility in the heart of the Florida Keys. The acquisition is expected to close by the e...
MarineMax, Inc. (NYSE:HZO ) Q1 2025 Earnings Conference Call January 23, 2025 10:00 AM ET Company Participants Scott Solomon - Investor Relations, Sharon Merrill Advisors Mike McLamb - Chief Financial Officer Brett McGill - President and Chief Executive Officer Conference Call Participants Joe Altobello - Raymond James Drew Crum - Stifel Michael Swartz - Truist Fred Wightman - Wolfe Research Jo...
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat, yacht and superyacht services company, today announced results for its fiscal 2025 first quarter ended December 31, 2024. Fiscal 2025 First Quarter Summary December quarter revenue of $468.5 million Same-store sales decrease of 11% Gross profit margin of 36.2% Net i...
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world's largest recreational boat, yacht, and superyacht services company, plans to release its first quarter fiscal 2025 financial results before the opening of the New York Stock Exchange on Thursday, January 23, 2025. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive O...
With the S&P 500 Small-Cap Stock Index (SML) underperforming the S&P 500 Large-Cap Index (SPX) by -2.49% in December as of Monday's market close, now is the time to make some of your most important stock purchase decisions. That's because January and the storied “January Effect” are approaching.
NEW YORK--(BUSINESS WIRE)--Levin Capital, a shareholder of MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), today issued the following statement. "We call on MarineMax's Board of Directors to initiate an immediate review of strategic alternatives. This includes an evaluation of the Company's marinas and traditional boat retail businesses, which appear to fit together but could unlock...
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