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0 0 0.00636363636363639 0.0127272727272728 0.00484848484848496 -0.00181818181818167 0.00651515151515162 0.00484848484848496
Stock impact report

MarineMax completes acquisition of Williams Tenders USA [Seeking Alpha]

MarineMax, Inc. (FL) (HZO) 
Last marinemax, inc. (fl) earnings: 4/23 06:45 am Check Earnings Report
Company Research Source: Seeking Alpha
Florida-based Williams is described as a premier distributor and retailer for UK-based Williams Jet Tenders, the world's leading manufacturer of rigid inflatable jet tenders for the luxury yacht market. MarineMax ( HZO ) noted that it expects the acquisition to be accretive in its first full year of operations. CEO update: "The addition of Williams illustrates our strategic approach to growth, focused on the acquisition of high-quality businesses that enhance our margin profile and strengthen customer relationships... Today, Williams' luxury jet tenders are marketed in 20 locations across the United States and the Caribbean. Fueled by growth in the yacht and luxury yacht markets, we see significant potential for growth of Williams, while maintaining the exceptional level of service and experiences their customer base expects. We believe Williams is well-positioned to capitalize on this growth opportunity." Shares of HZO are down 15% on year-to-date basis on growing concerns abo Show less Read more
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