secwatch.observer — SEC 8-K summary
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Issuer:     MARINEMAX INC (HZO)
CIK:        0001057060
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0000950170-23-015009
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MarineMax Q2 revenue falls 7% YoY to $570.3M; guides FY adj. EPS to $4.90-$5.50
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- Net income of $30.0M ($1.35 diluted EPS vs. $2.37 last year); adjusted EPS $1.23 vs. $2.40.
- Record Q2 gross margin of 35.2% (up 150 bps YoY), driven by IGY Marinas and higher-margin businesses.
- Same-store sales down 13%; contributions from IGY Marinas and boat manufacturing partly offset decline.
- Fiscal 2023 guidance updated: adjusted EBITDA $220M-$245M, adjusted EPS $4.90-$5.50.
- Interest expense surged to $13.3M from $0.7M due to higher rates and debt from IGY acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057060/000095017023015009/0000950170-23-015009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057060/000095017023015009/hzo-20230427.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-015009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer