MarineMax Q1 FY2024 EPS $0.04 ($0.19 adj) vs $0.89 ($1.24 adj) YoY; revenue record $527M

MARINEMAX INC

2024-Q1 EPS reported $0.04 revenue$527,274,000

MarineMax Q1 revenue $527.3M, record for Dec quarter; same-store sales up 4%.
GAAP EPS $0.04; adjusted EPS $0.19 vs $1.24 a year ago.
Gross margin 33.3% vs 36.8%; net income $0.9M vs $19.7M.
Fiscal 2024 guidance: adj. EPS $3.20-$3.70, adj. EBITDA $190M-$215M.
Announced planned acquisition of Williams Tenders USA, exclusive US distributor for luxury yacht tenders.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.97

MARINEMAX INC reported first quarter ended December 31, 2023 results: revenue $527.3 million, net income $0.9 million, EPS $0.04 per diluted share. Guidance lowered.

Period: first quarter ended December 31, 2023
Revenue: $527.3 million
Net income: $0.9 million
EPS: $0.04 per diluted share
Guidance: lowered
Result: reported results

Exact text from the filing

and superyacht services company, today announced results for its first quarter ended December 31, 2023. Fiscal 2024 First Quarter Summary • Record December quarter revenue of $527.3 million • Same-store sales increase of 4% • Gross profit margin of 33.3% • Net income of $0.9 million, or diluted EPS of $0.04; Adjusted diluted EPS 1 of $0.19 • Adjusted EBITDA 1 of

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Source: SEC EDGAR

accession 0000950170-24-007214

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