MarineMax Shares Rise After 2Q Revenue Beat Estimates

Dow Jones

04-24

By Chris Wack

MarineMax shares were 13% higher at $21.78 after the company reported second-quarter revenue that beat analysts' estimates.

The boat and yacht retailer said Thursday it had quarterly revenue of $631.5 million, compared with revenue of $582.9 million in the same quarter last year. Analysts polled by FactSet were looking for revenue of $577.5 million.

Earnings for the quarter were $3.2 million, or 14 cents a share, compared with last year's $1.4 million, or 7 cents a share. Analysts were looking for earnings of $3.4 million, or 14 cents a share.

Adjusted earnings were 23 cents a share, compared with analysts' expectations of 15 cents a share.

MarineMax said it had 11% same-store sales growth, despite a "weak retail market and uncertain macroeconomic climate."

For fiscal 2025, the company cut its adjusted earnings per-share to $1.40 to $2.40, from $1.80 to $2.80 previously. Analysts are forecasting 2025 adjusted earnings of $2.24 a share.

The company said it is seeing strong consumer interest online, with high web traffic and online engagement.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

April 24, 2025 11:27 ET (15:27 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Analysts polled by FactSet were looking for revenue of $577.5 million. \n</p>\n<p>\n  Earnings for the quarter were $3.2 million, or 14 cents a share, compared with last year's $1.4 million, or 7 cents a share. Analysts were looking for earnings of $3.4 million, or 14 cents a share. \n</p>\n<p>\n  Adjusted earnings were 23 cents a share, compared with analysts' expectations of 15 cents a share. \n</p>\n<p>\n  MarineMax said it had 11% same-store sales growth, despite a \"weak retail market and uncertain macroeconomic climate.\" \n</p>\n<p>\n  For fiscal 2025, the company cut its adjusted earnings per-share to $1.40 to $2.40, from $1.80 to $2.80 previously. Analysts are forecasting 2025 adjusted earnings of $2.24 a share. \n</p>\n<p>\n  The company said it is seeing strong consumer interest online, with high web traffic and online engagement. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 24, 2025 11:27 ET (15:27 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529085955","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529085955","pubTimestamp":1745508420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"MarineMax shares were 13% higher at $21.78 after the company reported second-quarter revenue that beat analysts' estimates.The boat and yacht retailer said Thursday it had quarterly revenue of $631.5 million, compared with revenue of $582.9 million in the same quarter last year. 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