MarineMax, Inc. (NYSE: HZO), the nation's largest recreational boat and yacht retailer, today announced that it has acquired Boatyard, a pioneering on-demand digital platform, to enhance the experience of boating. Through this disruptive technology acquisition, MarineMax seeks to transform the boating experience, saving time and creating a whole new way for boat owners to enjoy their passion. The new MarineMax Customer Experience Platform will be led by Boatyard Founder and CEO Nathan Heber, who will become President of Boatyard at MarineMax.
The Zacks Analyst Blog Highlights: MarineMax, Metropolitan Bank, Earthstone Energy, Rite Aid and Vericel
MarineMax, Inc. (NYSE: HZO), the nation’s largest recreational boat and yacht retailer, today announced several actions related to its response to the rapidly changing market uncertainty from the COVID-19 pandemic. The Company expects total revenue for the fiscal second quarter ended March 31, 2020, to range from $303 million to $308 million as compared to $303.6 million for the March of quarter 2019.
MarineMax (HZO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Q2 2020 MarineMax Inc Earnings Call
Unfortunately for some shareholders, the MarineMax (NYSE:HZO) share price has dived 36% in the last thirty days. That...
MarineMax, Inc. (NYSE:HZO), which is in the specialty retail business, and is based in United States, saw a...
The number of cases of the coronavirus that causes COVID-19 topped 1 million on Thursday as U.S. jobless claims soared to record levels, offering a grim look at how the illness is hurting businesses, individuals and the economy.
Zacks.com featured highlights include: Macy's, Janus Capital, Rocky Brands, MarineMax and Piper Jaffray Companies
MarineMax (HZO) delivered earnings and revenue surprises of 27.78% and 1.58%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Fear over the Coronavirus is causing a massive drop in the stock market and Tampa companies are feeling the effects.
MarineMax, Inc. (NYSE: HZO), the nation’s largest recreational boat and yacht retailer, announced today that it has amended its $440 million credit facility, which provides MarineMax with greater financial capacity by increasing its liquidity and extending the term. The Company reported $90 million of liquidity at March 31, 2020 and, as a result of the amendment and improved cash from operations, has in excess of $140 million today.
MarineMax, Inc. (HZO) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
MarineMax, Inc. (NYSE: HZO), the nation's largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its second quarter of fiscal 2020 results on Thursday, April 23, 2020, at 10:00 a.m. Eastern Time.
The optimism regarding small businesses remains near an all-time high albeit a slowing U.S. economy.
Shares of MarineMax (NYSE:HZO) were unchanged at $12.12 in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share increased 0.00% over the past year to $0.23, which beat the estimate of $0.19.Revenue of $308,475,000 up by 1.61% from the same period last year, which beat the estimate of $304,630,000.Guidance MarineMax hasn't issued any earnings guidance for the time being.MarineMax hasn't issued any revenue guidance for the time being.Conference Call Details Date: Apr 23, 2020View more earnings on HZOTime: 12:00 PM ETWebcast URL: http://public.viavid.com/player/index.php?id=139157Recent Stock Performance Company's 52-week high was at $23.1552-week low: $7.25Price action over last quarter: down 44.61%Company Overview MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The sale of new and used boats account for the majority of the company's total revenue. It serves customers across the U.S.See more from Benzinga * American National: Q1 Earnings Insights * Sequans Communications: Q1 Earnings Insights * Recap: LSI Industries Q3 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
MarineMax, Inc. (NYSE: HZO), the nation’s largest recreational boat and yacht retailer, today announced results for its fiscal second quarter ended March 31, 2020.
MarineMax, Inc. (NYSE: HZO), the nation’s largest recreational boat and yacht retailer, today announced that its Board of Directors approved a new stock repurchase plan authorizing the Company to repurchase up to 10 million shares of its common stock during the period ending March 31, 2022. The new repurchase plan follows the February 2019 plan, which authorized the repurchase of up to 2.33 million shares, of which 1.70 million shares had been repurchased. Under the new plan, the Company may purchase common stock from time to time in the open market or in privately negotiated block purchase transactions.
MarineMax Inc. warned Thursday of a fiscal second-quarter revenue shortfall, as the recreational boat and yacht retailer said it began to feel the effects of the COVID-19 pandemic shortly after early-March. The company said it was working with manufacturers to adjust futures orders, and implementing measures to help mitigate the effects of COVID-19. Among the measures, the company has temporarily closed departments or stores, although "many" of its 59 store remain fully or partially opertional; is furloughing employees associated with the closures, as it cuts operating costs and delays or reduces capital expenditures; reducing orders from manufacturers; working to "extract capital" from its real estate holdings, which had a net book value of $123 million as of Sept. 30, 2019; and looking to monetize inventory, which was approximately $100 million on Dec. 31. The company said it is withdrawing its 2020 financial guidance. The stock, which is still inactive in premarket trading, has lost 46.0% year to date, while the S&P 500 has shed 23.5%.
To the annoyance of some shareholders, MarineMax (NYSE:HZO) shares are down a considerable 62% in the last month. That...