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Marine Products Corporation continued to generate attractive revenue and profits to end its 2021 fiscal year. Unfortunately, the market has failed to reward the company because it is expensive relative to similar firms. But on the whole, the company is still fundamentally attracti...
Palm Beach, FL – March 16, 2022 – FinancialNewsMedia.com News Commentary – Rising consumer expenditure on leisure boating activities owing to increasing disposable income in Europe and North America is driving the industry growth. Technological advancements ...
MarineMax (NYSE:HZO) board approved an extension of its earlier announced stock repurchase plan authorizing the company to repurchase up to a total of 10M shares of its stock during the period Mar.31, 2024. The new repurchase plan extends the March 2020 plan which authorized the rep...
MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced that its Board of Directors approved an extension of its previously announced stock repurchase plan authorizing the Company to repurchase up to a total of 10 million shares of i...
The recreational boating market is estimated to grow at an 11% CAGR by 2026. 81.4% of MarineMax's revenue came from boat sales in 2021 and the company is set to capitalize on continued demand post-pandemic. MarineMax has been able to grow revenues at a fast clip despite supply cha...
Shares of outdoor recreation products company Vista Outdoor (VSTO) have rallied 37.9% in price over the past nine months on the back of robust demand and its introduction of new, innovative products. But given that the stock suffered a significant price dip recently, is it worth betting on th...
The following slide deck was published by MarineMax, Inc. in conjunction with their 2021 Q4 earnings call. For further details see: MarineMax, Inc. 2021 Q4 - Results - Earnings Call Presentation
~Record December Quarter Revenue Grows 15% to Over $472 Million~ ~Same-Store Sales Growth of 9% Driven By Comparable New Unit Growth~ ~Gross Margin Expands to a Record 35% in the Quarter~ ~Record First Quarter Earnings Per Share of $1.59~ ~Raises Fiscal...
MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its first quarter fiscal 2022 results on Thursday, January 27, 2022, at 10:00 a.m. Eastern Time. To access the webcast, please...
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...
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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...