MarineMax (HZO) Misses Q2 EPS by 50c; Offers Weak Guidance
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MarineMax Reports Fiscal 2023 Second Quarter Results
April 27, 2023 6:45 AM EDTRevenues from strategic acquisitions partially offset a decrease in boat sales that reflect a return to seasonality amid uncertain economic environment
CLEARWATER, Fla.--(BUSINESS WIRE)-- MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal second quarter ended March 31, 2023.
Fiscal 2023 Second Quarter Highlights
Revenue of $570.3 million Record second-quarter gross margin of 35.2% Net income of $30.0 million, or diluted EPS of $1.35; Adjusted diluted EPS of $1.23 Adjusted EBITDA of $57.4... More