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The Container Store Group has done well to grow its top line and to remain earnings and cash flow positive in recent years. The company continues that performance this year, though it has been subject to significant volatility on its bottom line in the past. Shares are also attrac...
MarineMax, a recreational boat retailer, suffered during COVID-induced contraction of the boating industry - the company has recovered well. New acquisitions and new retail locations demonstrate the company’s continuing vision for expansion into the future. The company has ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The idea of investing in boating stocks became mainstream back in November when General Motors (NYSE: GM ) announced that it had taken a 25% stake in Pure Watercraft . This Seattle outfit makes completely ...
Boat sales fell 21% Y/Y in October and has now decreased 9% YTD, according to Statistical Surveys. The data includes information from 38 states, representing 78% of the market. The ski/wake segment, a key segment for MasterCraft Boat Holdings (MCFT -0.4%) and Malibu Boats (MBUU +0.8%), decrea...
General Motors (GM +3.2%) announces that it took a 25% stake in electric outboard motor player Pure Watercraft in an effort to extend the company's zero-emissions goal beyond just automotive applications. The auto giant says the collaboration will leverage Pure Watercraft’s innovative ...
MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, announced today that it has completed the acquisition of Intrepid Powerboats (Intrepid), a premier manufacturer of powerboats. Intrepid Powerboats is recognized as a world class producer of...
Last Thursday, the Commerce Department announced that its preliminary estimate for third-quarter growth was an anemic 2%. This was partly due to the fact that consumer spending grew at only a 1.6% annual pace, down from a torrid 12% annual pace in the second quarter. The Commerce Depa...
MarineMax (HZO +3.1%) shares surge after the recreational boat and yacht retailer announces the acquisition of Texas MasterCraft, a towboat dealer that operates primarily from two Dallas locations. Texas MasterCraft generated $45M of revenue in 2020 and the deal is expected to be accretive in...
~Acquires Texas MasterCraft~ ~Enters Largest Towboat Market in the United States~ ~Acquisition Expected to be Accretive in First Full Year~ MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced it has ac...
Image source: The Motley Fool. Marinemax Inc (NYSE: HZO) Q4 2021 Earnings Call Oct 26, 2021 , 10:00 a.m. ET Operator Continue reading For further details see: Marinemax Inc (HZO) Q4 2021 Earnings Call Transcript
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~ Posts June Quarter Revenue of $757.7 Million, Up 5% Year-over-Year ~ ~ Gross Margin of 32.0% Highlights Successful Strategy of Expansion into Higher-Margin Businesses ~ ~ Reports Comparable Same-Store Sales Growth of 4% ~ ~ Reaffirms Fiscal 2024 Financial Guidance ~ ~ Hosts Earn...
MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht, and superyacht services company, plans to release its third quarter fiscal 2024 financial results before the opening of the New York Stock Exchange on Thursday, July 25, 2024. At 10:00 a.m. ET that day, the Company ...
The law firm of Federman & Sherwood has initiated an investigation into MarineMax, Inc. with respect to their recent data breach. On March 10, 2024, MarineMax, Inc. notified individuals that the company experienced a data breach after an unauthorized party accessed sensitive consumer data ent...