MarineMax Q1 net loss $7.9M despite 7.8% revenue growth; same-store sales +10%

MARINEMAX INC

2026-Q1 EPS reported -$0.36 revenue$505,178,000

Revenue $505.2M (+7.8% YoY); same-store sales >10% growth; gross margin 31.8% vs 36.2%.
Net loss $7.9M ($0.36/sh) vs net income $18.1M prior year; adjusted net loss $0.21/sh.
Adjusted EBITDA $15.5M vs $26.1M prior year; inventories down $167.3M YoY.
FY2026 guidance reaffirmed: adjusted EBITDA $110M-$125M; adj. EPS $0.40-$0.95.
CEO cites margin pressure from promotional environment but expects gradual improvement into spring.

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