earnings
confidence high
sentiment negative
materiality 0.72
MarineMax Q1 revenue down 11.2% to $468.5M, adjusted EPS $0.17, reaffirms FY25 guidance
MARINEMAX INC
2025-Q1 EPS reported
$0.77
revenue$468,461,000
- Revenue of $468.5M, down 11.2% YoY; same-store sales declined 11% due to soft retail and hurricanes.
- Gross profit margin improved 290 bps to 36.2%, driven by mix shift and higher-margin businesses.
- GAAP net income $18.1M ($0.77 diluted); adjusted net income $4.1M ($0.17 adjusted diluted EPS).
- Adjusted EBITDA nearly flat at $26.1M vs. $26.6M in prior-year quarter.
- FY 2025 guidance reaffirmed: adjusted EPS $1.80-$2.80, adjusted EBITDA $150M-$180M.