MarineMax stock rose 9.3 percent Tuesday as the company announced it had turned its first fourth-quarter profit before an unusual item since 2007, emerging as a top pick and leading a B. Riley & Co. analyst to raise his price target for the companys shares from $16.25 to $20. Jimmy Baker, who upgraded the companys…more
MarineMax, based in Clearwater, Fla., is the nation’s largest recreational boat retailer and the largest Sea Ray dealer in the world.
Revenue rose 9 percent for MarineMax last quarter as the company achieved its first profitable fourth quarter before reporting an unusual item since 2007. Revenue increased to $149.7 million for the quarter that ended Sept. 30 from $137.3 million for the comparable quarter last year. Net income for the quarter was $5.2 million, or 21…more
With new boats from such brands as Sea Ray, Boston Whaler, Scarab, Azimut and Hatteras that range from 19 to 100 feet, MarineMax is charging forward to build on the steady improvement it has seen during the last year.
FORT LAUDERDALE — With new boats from such brands as Sea Ray, Boston Whaler, Scarab, Azimut and Hatteras that range from 19 to 100 feet, MarineMax is charging forward to build on the steady improvement it has seen during the last year. “It’s an exciting time for the boat business,” MarineMax president, CEO and chairman…more
MarineMax will announce its fourth-quarter results on Nov. 5. The countrys largest recreational boat retailer also will hold a conference call at 10 a.m. EST that day to review the quarterly results and discuss its results for the fiscal year.
MarineMax signed an agreement to carry the Scarab jetboat line built by Rec Boat Holdings LLC in an effort to fill a void left when Sea Ray opted not to enter the segment. “Upon learning that one of our brand partners was not going to enter the jet segment, we knew we had a void…more
MarineMax is expanding the Sailfish footprint to several Florida, Alabama, North Carolina and Texas stores. The largest dealer chain in North America has Sailfish boat models available at MarineMax Jacksonville, MarineMax Venice, MarineMax Sarasota, MarineMax Clearwater, MarineMax Gulf Shores and MarineMax Houston, fishing and lifestyle marketing manager Mark Kellum told Trade Only Today in an…more
MarineMax partnered with Azimut Yachts to host the 2013 Newport Azimut Gala at the Newport Harbor Hotel in Rhode Island. The event brought together more than 150 MarineMax and Azimut owners who took part in cocktail parties, celebrity chef cooking lessons, a lobster bake, a dinghy power run and a gala. MarineMax and Azimut also…more
MarineMax will hold its annual Dallas Yacht Gala at 7 p.m. on Sept. 6 at the Pier 121 Marina. The red-carpet affair invites guests to tour, enjoy and purchase yachts. Attendees will have the opportunity to experience Sea Ray and Meridian cruisers and yachts, as well as brokerage vessels, in an exclusive VIP environment. Featured…more
MarineMax has returned to Kent Narrows in Grasonville, Md. The company opened a new sales center at 106 Wells Cove Road in Grasonville that offers Azimut, Meridian, Sailfish and Scout boats, along with a selection of used and brokerage boats. We are excited to open another MarineMax location at one of the premier destinations on…more