MarineMax, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024
April 25, 2024 at 06:45 am EDT
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MarineMax, Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was USD 582.89 million compared to USD 570.34 million a year ago. Net income was USD 1.59 million compared to USD 30.04 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 1.37 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 1.35 a year ago.
For the six months, sales was USD 1,110.17 million compared to USD 1,078.27 million a year ago. Net income was USD 2.52 million compared to USD 49.73 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to USD 2.28 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 2.23 a year ago.
MarineMax, Inc. is a recreational boat, yacht, and superyacht services company. The Company offers new and used recreational boats and related marine products, including engines, trailers, parts, and accessories. It operates through two segments: Retail Operations and Product Manufacturing. The Retail Operations segment includes the sale of new and used recreational boats, including pleasure and fishing boats, with a focus on premium brands in each segment. The Product Manufacturing segment includes the activity of Cruisers Yachts and Intrepid Powerboats. The Company also assists in arranging related boat financing, insurance, and extended service contracts; provide boat maintenance and repair services; offer slip and storage accommodations; provide boat and yacht brokerage sales; and conduct a yacht charter business. The Company operates over 130 locations worldwide, including 82 dealerships and 66 marina and storage facilities. In addition, it operates MarineMax Vacations in Tortola.
MARINEMAX, INC. 
