MarineMax Q3 net loss $52.1M; revenue $657.2M, down 13.3%; goodwill impairment $69.1M; guidance slashed

MARINEMAX INC

2025-Q3 EPS reported -$1.38 revenue$1,757,135,000

Revenue $657.2M, down 13.3% YoY; same-store sales down 9%.
Net loss $52.1M ($2.42/sh) includes $69.1M goodwill impairment; adjusted EPS $0.49.
Gross margin 30.4% vs 32.0% a year ago; lower new boat margins.
Adjusted EBITDA $35.5M vs $70.4M prior year.
FY2025 guidance cut: adj. EPS $0.45-$0.95 (prev. $1.40-$2.40); EBITDA $105-$120M.

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