MarineMax Reports Record Fiscal 2021 First Quarter Results

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MarineMax (HZO) Tops Q1 EPS by 48c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus

January 28, 2021 6:50 AM EST

MarineMax (NYSE: HZO) reported Q1 EPS of $1.04, $0.48 better than the analyst estimate of $0.56. Revenue for the quarter came in at $411.52 million versus the consensus estimate of $372.76 million.

Record December Quarter Revenue Grows 35% to over $411 MillionSame-Store Sales Growth Exceeds 20% Driven By 35% Comparable New Unit GrowthGross Margin Expands to a Record 30% in the QuarterRecord December Quarter Net Income Increases to $23.6 MillionDiluted EPS More Than Doubles to $1.04Raises Fiscal Year 2021 Guidance

W. Brett McGill, Chief Executive Officer and President, stated, We delivered record sales... More