An analysis firm is raising its guidance of MarineMax after holding “bullish” management meetings with CEO Bill McGill and chief financial officer Mike McLamb that indicated an increase in retail lending and higher-than-expected margins would contribute positively to the company’s bottom line.
Raymarine has been named the official marine electronics of the MarineMax Saltwater Series. The Saltwater Series is presented by Boston Whaler and consists of 30 local tournaments that many of MarineMax’s 54 stores sponsor or participate in during the tournament season. The tournaments often benefit local charities and causes. “Raymarine’s specialization in marine electronics means…more
MarineMax officials blamed bad weather for a drop in second-quarter revenue and profits and a same-store sales decline, but the boat retailer predicted that sales have only been delayed until later in 2014, rather than lost.
MarineMax had near-record sales in its December quarter and strong sales growth in New Jersey during MarineMax’s first quarter of the fiscal year could be a sign that the Northeast is recovering from Hurricane Sandy.