MarineMax

MarineMax, based in Clearwater, Fla., is the nation’s largest recreational boat retailer and the largest Sea Ray dealer in the world.

MarineMax expands in Florida Panhandle

MarineMax acquired Treasure Island Marina’s retail sales and brokerage operation in Panama City, Fla., which will become the 57th location for MarineMax and its first store in the eastern panhandle of Florida. The Panama City store focuses on selling cruising and fishing brands, such as Sea Ray, Boston Whaler and Grady White. It also offers…more

MarineMax signs deal with Marinas International

MarineMax today announced a strategic business alliance with Marinas International that will allow MarineMax access to Marinas International’s marinas and the opportunity to establish sales brokerage offices while supplying Marinas International with increased traffic and occupancy for its more than 15,000 slips. The sales brokerage offices will primarily focus on listing, marketing and management of…more

MarineMax signs deals with Sea Tow, Marinalife

MarineMax announced new partnerships Thursday with Sea Tow Services International and Marinalife. Under the terms of the Sea Tow agreement, each person who purchases a new boat from MarineMax will receive a complimentary 95-day Sea Tow Gold Card membership and each person who purchases a used or brokerage boat from MarineMax will receive a complimentary…more

MarineMax reports 1Q results

MarineMax today reported a decrease in revenue and same-store sales for its fiscal first quarter, but company officials said new units sold were up 25 percent, compared with the same period last year, and margins were increased. Much of the revenue decline, they said, was based on fewer used boats sold – a consequence of…more

MarineMax schedules fiscal 1Q report

MarineMax will release its fiscal first-quarter earnings report Feb. 3 before the market opens, the company announced. The retailer will hold a conference call that day at 10 a.m. (EST) to review the results. To access the call, please visit the investor relations section of the company’s website. An online replay will be available for…more

MarineMax reports 4Q, year-end results

MarineMax today reported a drop in revenue and same-store sales for its fourth quarter. The company also reported lower revenue for its fiscal year, but ended the year with a net profit. Revenue was $124.4 million for the quarter that ended Sept. 30, compared with $207.2 million for the comparable quarter last year. Same-store sales…more

MarineMax schedules 4Q results

MarineMax, the nation’s largest recreational boat retailer, said Thursday that it will hold a conference call to review its fourth-quarter and fiscal 2010 results at 10 a.m. EDT Nov. 4. Access to the call will be available by visiting the investor relations section of the company website. An online replay will be available for a…more

MarineMax secures more inventory financing

MarineMax announced today that it expanded its relationship with CGI Finance by securing a new $30 million inventory financing facility. Previously, MarineMax’s relationship with CGI was focused on retail financing of boats. The new facility provides for as much as $30 million of floorplan financing, in addition to the $100 million inventory financing facility the…more

MarineMax buys service facility in Ohio

MarineMax today announced it expanded its storage and service capabilities in Ohio with the acquisition of a large, heated storage and yacht service facility. The terms of the purchase price were not disclosed. The marina and service facility, known as The Yacht Center, is in West Harbor, with deep-water access to Lake Erie and the…more

MarineMax reports 3Q results

MarineMax today reported a decline in revenue for its third fiscal quarter, but the retailer swung from a net loss a year earlier to a profit in this year’s quarter. Revenue was $115.4 million for the quarter that ended June 30, compared with $151.5 million for the comparable quarter last year. Same-store sales declined approximately…more

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