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MARINEMAX (HZO)

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Earnings summaries and quarterly performance for MARINEMAX.

Recent press releases and 8-K filings for HZO.

MarineMax Reports Q1 2026 Results and Reaffirms Fiscal 2026 Guidance
HZO
Earnings
Guidance Update
Demand Weakening
  • MarineMax reported a net loss per share of $0.36 and an adjusted net loss per share of $0.21 for the first quarter of fiscal 2026, with Adjusted EBITDA at $15.5 million.
  • The company reaffirmed its fiscal 2026 guidance, projecting Adjusted EBITDA between $110 million and $125 million and adjusted net income per diluted share between $0.40 and $0.95.
  • Inventory levels were reduced by nearly $170 million compared to the prior year, and customer deposits were flat year-over-year at the start of the March quarter, which is considered an encouraging sign.
  • Retail boat margin pressure is anticipated to continue through the second fiscal quarter, with expectations for inventory levels to normalize and potential for margin recovery in the second half of the fiscal year.
7 days ago
MarineMax (HZO) Reports Q1 Fiscal 2026 Results and Reaffirms Guidance
HZO
Earnings
Guidance Update
Demand Weakening
  • MarineMax (HZO) reported Q1 Fiscal 2026 revenue of $505 million with nearly 11% same-store sales growth, despite a low- to mid-single digit decline in unit volume.
  • The company posted a net loss per share of $0.36 (reported) and $0.21 (adjusted), with Adjusted EBITDA of $15.5 million.
  • Gross margins were significantly below historical levels due to industry inventory overhang and promotional activity, though higher-margin businesses contributed favorably. The company expects to maintain consolidated gross margins in the low 30% range for the year.
  • MarineMax reaffirmed its Fiscal 2026 guidance, projecting Adjusted EBITDA between $110 million and $125 million and adjusted net income per diluted share between $0.40 and $0.95.
  • Inventory levels were reduced by nearly $170 million year-over-year, and customer deposits were flat year-over-year, indicating positive early boat show momentum and January trends.
7 days ago
MarineMax (HZO) Announces Q1 FY 2026 Financial Results and FY 2026 Guidance
HZO
Earnings
Guidance Update
Demand Weakening
  • For Q1 FY 2026, MarineMax (HZO) reported revenue of $505.2 million, an increase from $468.5 million in Q1 FY 2025, driven by increased comparable store sales and a shift towards larger, premium products.
  • The company posted a net loss of $7.9 million and an adjusted net loss of $4.6 million for Q1 FY 2026, leading to GAAP diluted EPS of ($0.36) and adjusted diluted EPS of ($0.21).
  • Gross margin for Q1 FY 2026 was 31.8%, a decrease from 36.2% in Q1 FY 2025, primarily due to an increased promotional environment and sales mix, partially offset by contributions from higher-margin businesses.
  • As of December 31, 2025, cash and cash equivalents increased to $164.6 million, while inventories decreased to $867.9 million year-over-year, reflecting actions to reduce orders and increase turns.
  • MarineMax issued fiscal year 2026 guidance, forecasting Adjusted EBITDA between $110 million and $125 million and Adjusted Net Income between $0.40 and $0.95 per diluted share.
7 days ago
MarineMax Reports Q1 2026 Results and Reaffirms Fiscal 2026 Guidance
HZO
Earnings
Guidance Update
Demand Weakening
  • MarineMax (HZO) reported Q1 2026 revenue of $505 million, achieving nearly 11% same-store sales growth.
  • For Q1 2026, the company recorded a reported net loss of $0.36 per share ($0.21 adjusted) and Adjusted EBITDA of $15.5 million.
  • The company reaffirmed its Fiscal 2026 guidance, projecting Adjusted EBITDA between $110 million and $125 million and adjusted net income per diluted share between $0.40 and $0.95.
  • MarineMax reduced inventory levels by nearly $170 million year-over-year in Q1 2026, and customer deposits were flat year-over-year, indicating a positive trend despite challenging market conditions.
  • Management expects retail margin pressure to continue through Q2 2026, with more significant inventory improvement anticipated in the second half of the fiscal year; January trends have been solid with positive same-store sales.
7 days ago
MarineMax Reports Fiscal 2026 First Quarter Results
HZO
Earnings
Guidance Update
Demand Weakening
  • MarineMax reported fiscal 2026 first quarter revenue of $505.2 million, with quarterly same-store sales growing more than 10%.
  • The company posted a net loss of $7.9 million, or $0.36 per share, and an adjusted net loss of $4.6 million, or $0.21 per share.
  • Gross margin for the quarter was 31.8%, supported by strategic expansion into higher-margin businesses, despite persistent retail margin pressure in the recreational boating industry.
  • MarineMax reaffirmed its full-year fiscal 2026 guidance, projecting Adjusted EBITDA between $110 million and $125 million and adjusted net income of $0.40 to $0.95 per diluted share.
7 days ago
MarineMax Reports Q4 and Full Year 2025 Results and Provides Fiscal 2026 Guidance
HZO
Earnings
Guidance Update
Demand Weakening
  • MarineMax (HZO) reported Q4 2025 revenue of over $552 million with same-store sales growth of more than 2% and a gross margin of 34.7%, resulting in a net loss of just under $1 million or $0.04 per share.
  • For Fiscal Year 2025, total revenue was $2.31 billion, reflecting a 5% decline year-over-year, with adjusted earnings per diluted share of $0.61 and adjusted EBITDA of about $110 million.
  • The company issued Fiscal 2026 guidance, projecting adjusted EBITDA between $110 million-$125 million and adjusted net income per diluted share from $0.40-$0.95. Same-store sales growth is anticipated to be flattish to slight growth, with annual consolidated gross margins in the low 30%.
  • Despite a challenging industry environment marked by elevated interest rates and inflation, the company's diversified business model and strategic focus on higher-margin segments supported gross margin expansion. Management also noted a stronger Fort Lauderdale International Boat Show with post-COVID record sales.
Nov 13, 2025, 3:00 PM
MarineMax Reports Q4 and FY 2025 Results, Provides FY 2026 Guidance
HZO
Earnings
Guidance Update
M&A
  • MarineMax reported Q4 2025 revenue of $552.2 million, a 1.9% decrease year-over-year, and full-year 2025 revenue of $2.31 billion, down from $2.43 billion in FY 2024. GAAP diluted EPS for Q4 2025 was $(0.04) and for FY 2025 was $(1.43), compared to $0.17 and $1.65 in the respective prior periods.
  • For fiscal year 2026, the company projects Adjusted EBITDA in the range of $110 million to $125 million and Adjusted EPS between $0.40 and $0.95 per diluted share.
  • The company's strategic expansion into higher-margin businesses, supported by over 20 acquisitions since 2019 contributing more than $700 million in combined revenue, has increased non-boat sales from 15.0% to 26.2% of total revenue and improved consolidated gross margin from 26.1% to 32.5% between FY19 and FY25.
  • As of September 30, 2025, inventory decreased to $867.3 million from $906.6 million in the prior year, with the current ratio remaining stable at 1.20.
Nov 13, 2025, 3:00 PM
MarineMax Reports Fiscal 2025 Fourth Quarter and Full Year Results
HZO
Earnings
Guidance Update
Demand Weakening
  • MarineMax reported fiscal 2025 full-year revenue of $2.3 billion, with a net loss of $31.6 million and adjusted earnings per share of $0.61.
  • For the fourth quarter of fiscal 2025, revenue was $552.2 million, with a net loss of $0.9 million and same-store sales growth of 2.3%; gross margins expanded to 34.7% due to contributions from higher-margin businesses.
  • The company provided fiscal 2026 guidance, projecting Adjusted EBITDA between $110 million and $125 million and adjusted net income per diluted share between $0.40 and $0.95, reflecting a prudent approach given macroeconomic uncertainty.
Nov 13, 2025, 11:45 AM