HZO - After Record Revenue Last Quarter This Marine Growth Stock Is a Screaming Buy
2023-08-02 09:45:00 ET
MarineMax (NYSE: HZO) cruised to strong fiscal third-quarter results recently, landing record revenue and two of the best sales months in company history. That was surely a relief to shareholders after a rough few quarters. But can the recreational boat dealer keep up the momentum?
Let's dive in and see why this consumer discretionary stock continues to have bright prospects ahead.
Calling itself "the world's largest lifestyle retailer of recreational boats and yachts," MarineMax is a major player in the pleasure boating industry. In all, the company operates 78 dealerships and 59 marinas around the world. That breadth helped it rack up nearly $722 million in revenue for its fiscal third quarter, ended on June 30.
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After Record Revenue Last Quarter, This Marine Growth Stock Is a Screaming Buy