earnings
confidence high
sentiment negative
materiality 0.75
MarineMax Q4 revenue down 5% to $563M; EPS $0.17 vs $0.67 last year
MARINEMAX INC
2024-FY EPS reported
$1.65
revenue$2,431,008,000
- Q4 net income $4.0M ($0.17 diluted EPS); adjusted EPS $0.24; same-store sales down 5% due to Hurricane Helene.
- Full-year revenue $2.43B, same-store sales up 1%; net income $38.1M ($1.65 diluted EPS); adjusted EPS $2.13.
- FY2025 guidance: adjusted EPS $1.80–$2.80, adjusted EBITDA $150M–$180M, excluding hurricane impacts and M&A.
- Q4 gross margin 34.3%, flat YoY, supported by higher-margin marinas, finance, and superyacht services.
- Strategic cost-cutting actions in Q4, including store consolidations; expense reduction remains a focus for FY2025.