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Stock impact report

MarineMax Reports Fiscal 2024 Second Quarter Results

MarineMax, Inc. (FL) (HZO) 
Last marinemax, inc. (fl) earnings: 4/23 06:45 am Check Earnings Report
Company Research Source: Business Wire
~ Posts March Quarter Revenue of $582.9 Million, Up 2% Year-over-Year ~~ Reports Comparable Same-Store Sales Growth of 2% ~~ Revises Fiscal 2024 Financial Guidance ~~ Hosts Earnings Conference Call at 10:00 a.m. ET Today ~ CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht services company, today announced results for its second quarter ended March 31, 2024.Fiscal 2024 Second Quarter SummaryMarch quarter revenue of $582.9 millionSame-store sales increase of 2%Gross profit margin of 32.7%Net income of $1.6 million, or diluted EPS of $0.07; Adjusted diluted EPS1 of $0.18Adjusted EBITDA1 of $29.6 millionCEO & President Commentary“Although we continue to operate in a challenging market environment, as evidenced by industrywide larger than expected declines in boat registrations, we drove an increase in sales in the second quarter. Our gross margin also remains strong as a direct result of the strategic growth in o Show less Read more
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