MarineMax revenue grew 10 percent in the fourth quarter to more than $164 million, with same-store sales up around 10 percent on top of a 7 percent increase for the comparable quarter last year.
MarineMax, based in Clearwater, Fla., is the nation’s largest recreational boat retailer and the largest Sea Ray dealer in the world.
Industry veteran Brandon Flaherty joined MarineMax at its store in Fort Myers, Fla.
MarineMax Daytona will be the presenting sponsor of the New Smyrna Beach (Fla.) Billfish Tournament, which begins today and continues through Sunday.
MarineMax will reopen its showroom in Lake Hopatcong, N.J., to the public on Oct. 11.
MarineMax of the Northern Gulf was awarded membership in the Grady-White Boats Admiral’s Circle for model-year 2014.
MarineMax Long Island said its fishing team will compete in the White Water Sportfish Challenge, which will be held Sept. 4-7 at the Star Island Yacht Club in Montauk on the east end of New York’s Long Island.
MarineMax saw reduced margins in the June quarter because the company “largely didn’t have the new models to sell,” according to CFO Mike McLamb. However, the company was able to realize one of its best unit growth quarters since before the recession with encouraging gains in sterndrive sales.
MarineMax said today that its revenue grew about 22 percent, or $39 million, to $214.4 million in its third quarter and same-store sales grew 22 percent on top of 16 percent growth in the quarter last year.
MarineMax will hold a conference call at 10 a.m. (EDT) Thursday to review its fiscal third-quarter results.
MarineMax is partnering with Boston Whaler to be a major sponsor of the Drambuie Key West Marlin Tournament, which will be held July 16-19.