Connect with us

MarineMax posts sales, profit gains

MarineMax (NYSE: HZO), a Clearwater-based boat and yacht retailer, reported net income of $19.1 million, or 84 cents a share, on revenue of $383.5 million for the third quarter of its fiscal year. Net income was up 4.5 percent and revenue was up 6 percent compared to the same period a year ago, a news release said. The company "outperformed" during a challenging quarter for the industry, said Brett McGill, president and CEO. Still, citing current business conditions and retail trends, the company lowered its guidance for fiscal 2019. It now expects earnings per share to range from $1.60 to $1.70, compared to the previous range of $1.75 to $1.85.

More Zaps Frontpage

The St. Pete Catalyst

The Catalyst honors its name by aggregating & curating the sparks that propel the St Pete engine.  It is a modern news platform, powered by community sourced content and augmented with directed coverage.  Bring your news, your perspective and your spark to the St Pete Catalyst and take your seat at the table.

Email us: spark@stpetecatalyst.com

Subscribe for Free

Share with friend

Please enter email address you want to share this article with