NYSE$HZO
Marinemax Inc · Q1 2025 earnings
Q1 2025 earnings · · Before market open · Investor relations
Briefing
Reported first quarter fiscal 2025 results, reflecting challenges in the retail market and hurricane impacts.
MarineMax reported a decrease in revenue for the first quarter of fiscal 2025, primarily due to lower boat sales and hurricane disruptions. However, gross profit margin increased due to a favorable sales mix and contributions from higher-margin businesses. The company reaffirms its fiscal year 2025 guidance.
- Revenue decreased to $468.5 million due to a soft retail environment and hurricane impacts.
- Same-store sales decreased by 11%.
- Gross profit margin increased to 36.2%, up 290 basis points year-over-year.
- Net income was $18.1 million, or $0.77 per diluted share; adjusted diluted EPS was $0.17.
Headline financials
Revenue & EPS history
Marinemax · Revenue · Quarterly
$468M
Revenue by segment
Marinemax · $645M total across 2 segments · Q4 2023
- Retail Operations$587M+15.4%91.1%
- Product Manufacturing$57.3M+23.4%8.9%
Forward guidance
The Company continues to expect fiscal year 2025 Adjusted net income in the range of $1.80 to $2.80 per diluted share, and fiscal year 2025 Adjusted EBITDA in the range of $150 million to $180 million.
Tailwinds
- Early activity at this year’s retail boat shows has been encouraging.
- Company believes that its position within the premium category of the segment will enable it to outperform the industry.
- Company believes that its position within the premium category of the segment will allow it to more meaningfully grow as conditions improve.
- Reaffirms Fiscal 2025 Guidance.
- Expense-reduction initiatives
Headwinds
- Economic conditions in the recreational marine industry remain challenging.
- Ongoing assessment of the impact from Hurricanes Helene and Milton.
- Current business conditions.
- Retail trends.
- Company expects fiscal year 2025 Adjusted EBITDA in the range of $150 million to $180 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+1.0%
Avg return
Earnings day
+3.8%
Avg return
5 days after
+6.1%
Avg return
30 days after
50%
33 / 66 earnings
Positive
+31.3%
Q2 2018
Best reaction
-25.8%
Q3 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +0.4% | +1.7% | +18.5% | |
| Q1 2026 | -8.5% | +15.0% | +13.6% | |
| Q4 2025 | -4.0% | -3.6% | +7.3% | |
| Q3 2025 | -1.1% | -0.0% | -0.5% | |
| Q2 2025 | +17.3% | +14.2% | +9.9% | |
| Q1 2025 | +15.9% | +8.4% | -4.2% | |
| Q4 2024 | -3.6% | -2.6% | +14.2% | |
| Q3 2024 | +17.5% | +13.5% | +1.4% | |
| Q2 2024 | -6.7% | -9.2% | -0.4% | |
| Q1 2024 | -15.6% | -15.8% | -5.5% | |
| Q4 2023 | -4.3% | -4.7% | +4.4% | |
| Q3 2023 | -1.0% | -0.4% | -15.5% | |
| Q2 2023 | +9.8% | +5.5% | +8.5% | |
| Q1 2023 | -12.1% | -9.9% | -0.8% | |
| Q4 2022 | +10.7% | +14.5% | +10.3% | |
| Q3 2022 | -5.1% | -13.6% | -6.2% | |
| Q2 2022 | +12.9% | +20.0% | +14.8% | |
| Q1 2022 | +10.3% | +13.6% | +9.8% | |
| Q4 2021 | +3.0% | +7.1% | +18.6% | |
| Q3 2021 | +7.1% | +2.4% | -4.6% | |
| Q2 2021 | +16.0% | +26.2% | +13.7% | |
| Q1 2021 | -13.9% | -12.4% | -8.1% | |
| Q4 2020 | +11.3% | +10.1% | +25.7% | |
| Q3 2020 | -0.2% | +4.2% | +13.7% | |
| Q2 2020 | +14.1% | +19.1% | +54.0% | |
| Q1 2020 | +25.5% | +21.5% | +20.1% | |
| Q4 2019 | -15.1% | -14.2% | -9.9% | |
| Q3 2019 | +0.3% | +2.6% | -8.7% | |
| Q2 2019 | -16.6% | -12.8% | -18.9% | |
| Q1 2019 | -6.3% | -7.8% | -3.4% | |
| Q4 2018 | +20.0% | +30.9% | +9.9% | |
| Q3 2018 | -7.1% | -7.9% | +4.4% | |
| Q2 2018 | +31.3% | +29.1% | +33.0% | |
| Q1 2018 | +18.4% | +15.9% | +4.0% | |
| Q4 2017 | +24.7% | +33.9% | +40.5% | |
| Q3 2017 | -25.8% | -26.8% | -23.8% | |
| Q2 2017 | -7.3% | -7.3% | -17.8% | |
| Q1 2017 | +12.1% | +9.9% | +25.3% | |
| Q4 2016 | -19.3% | -21.8% | -3.8% | |
| Q3 2016 | +2.3% | +2.1% | -0.2% | |
| Q2 2016 | +3.8% | — | — | |
| Q1 2016 | +2.3% | — | — | |
| Q4 2015 | +4.0% | — | — | |
| Q3 2015 | -12.2% | — | — | |
| Q2 2015 | -14.3% | — | — | |
| Q1 2015 | +21.5% | — | — | |
| Q4 2014 | +1.2% | — | — | |
| Q3 2014 | +5.0% | — | — | |
| Q2 2014 | +3.9% | — | — | |
| Q1 2014 | -4.1% | — | — | |
| Q4 2013 | +9.3% | — | — | |
| Q3 2013 | +9.2% | — | — | |
| Q2 2013 | -0.3% | — | — | |
| Q1 2013 | -0.3% | — | — | |
| Q4 2012 | -2.9% | — | — | |
| Q3 2012 | -18.5% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q1 2012 | -5.5% | — | — | |
| Q2 2011 | -1.6% | — | — | |
| Q4 2009 | -1.6% | — | — | |
| Q4 2011 | -1.6% | — | — | |
| Q4 2010 | -15.7% | — | — | |
| Q3 2010 | -15.7% | — | — | |
| Q3 2011 | -15.7% | — | — | |
| Q1 2011 | +3.2% | — | — | |
| Q2 2010 | +7.9% | — | — |
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