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

MarineMax adds charter program to offerings

MarineMax announced the introduction of MarineMax Vacations, a charter program offering sail and power yacht vacations. As part of the program, the company will also offer a yacht ownership program for the charter fleet. The new venture begins with vessels from sailboat builder Dufour Yachts. MarineMax is currently developing custom power boats for future vacation…more

MarineMax adds new floorplan financing

MarineMax said it extended the terms of its CGI Finance credit facility, which provides for as much as $30 million of floorplan financing in addition to the $150 million inventory financing facility the company secured earlier this year with GE. The facility is slated to provide financing for MarineMax’s Azimut inventory needs. The facility includes…more

Winners announced in MarineMax/Interlux contest

MarineMax and Interlux announced the winners of their Fiberglass Bottomkote Aqua contest. Steve Gorman of Lake Ozark, Mo., Donald Kingfield of Stuart, Fla., and Marshall Siegel of Brick, N.J., each won $1,000 in cash value toward their next Interlux paint job. The contest was advertised in the MarineMax Rewards Savings Guide, a quarterly publication sent…more

MarineMax CEO: Marketing reinvigorated sales

MarineMax sales bottomed out last summer, and the largest U.S. boat retail chain increased boat sales in double digits for the last three quarters, MarineMax CEO William McGill told investors Thursday. In a conference call releasing third-quarter earnings, McGill told investors that the quarter was the company’s strongest in recent years. Same-store sales increased about…more

MarineMax reports 3Q results

MarineMax, the nation’s largest recreational boat retailer, today reported an increase in revenue, same-store sales and net income for the third quarter, which ended June 30. Revenue was $153.2 million for the quarter, compared with $115.4 million for the comparable quarter last year. Same-store sales increased approximately 33 percent, compared with a 17 percent decrease…more

MarineMax schedules 3Q results

MarineMax, the nation’s largest recreational boat retailer, today announced that the company will hold a conference call to review its third-quarter fiscal 2011 results at 10 a.m. (EDT) on July 28. During the conference call, MarineMax might publicly disclose material non-public information and might make forward-looking statements about its business, operations and financial condition, the…more

MarineMax employees join in Florida cleanup

More than 50 MarineMax employees and their families recently volunteered to help the non-profit organization Tampa Bay Watch with its mid-summer coastal cleanup, which took place in and around Fort De Soto Park in Tierra Verde, Fla. “Tampa Bay Watch is dedicated to restoring and protecting the Tampa Bay area waterways, and it was a…more

Analyst upgrades MarineMax stock

MarineMax stock was upgraded by TheStreet Ratings from sell to hold. “The company’s strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and compelling growth in net income,” according to the report. “However, as a counter to these strengths we also find weaknesses, including…more

MarineMax announces fishing tournament series

MarineMax created a new family-friendly, outboard-only fishing tournament series that will be held this summer along the Emerald Coast of Florida and Alabama. The dates are: • July 2: Destin, Fla. • July 30: Panama City, Fla. • Aug.13: Gulf Shores, Ala. • Aug. 27: Pensacola, Fla. The tournaments will focus on different species in…more

MarineMax secures new floorplan financing

MarineMax, the nation’s largest recreational boat retailer, announced today that it has increased its existing financing facility with GE Capital from $100 million to $150 million. The increased facility provides for as much as $150 million of floorplan financing. The facility has a three-year term that will expire in June 2014 and has two one-year…more

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