NYSE$HZO
Marinemax Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported record second quarter results with revenue growth driven by same-store sales and strategic acquisitions.
MarineMax reported record second quarter results with a 17% increase in revenue to $610.1 million. Same-store sales grew by 7% on top of a 45% increase in the comparable quarter last year. Net income increased by 37% to $53.5 million, and earnings per diluted share increased by 40% to $2.37.
- Revenue increased 17% to a record $610.1 million.
- Same-store sales grew 7% on top of 45% growth in the prior year's quarter.
- Net income increased 37% to $53.5 million.
- Earnings per diluted share increased 40% to $2.37.
Headline financials
Revenue & EPS history
Marinemax · Revenue · Quarterly
$610M
Revenue by segment
Marinemax · $624M total across 2 segments · Q2 2022
- Retail Operations$578M—92.5%
- Product Manufacturing$46.8M—7.5%
Forward guidance
The company is raising its fiscal year 2022 guidance for earnings per diluted share to a range of $7.90 to $8.30, which is increased from its previously provided guidance of $7.60 to $8.00 per diluted share.
Tailwinds
- Strong demand and backlog provide continued confidence for the balance of fiscal 2022 and beyond.
- Boating is expected to be one of the beneficiaries of a changed world.
- Scale, global presence, product diversification, technology advancements, strong balance sheet, and cycle tested team will be leveraged.
- Robust operating leverage, significant cash flow, and strong consumer demand will support sustainable internal and acquisition growth.
- Focus on growing higher margin and recurring revenue.
Headwinds
- Expectations do not consider material acquisitions that may be completed during fiscal 2022.
- Expectations do not give effect for other unforeseen events, including changes in global economic conditions.
- Potential risks, assumptions, and uncertainties may cause actual results to differ materially from expectations.
- COVID-19 impacts on the company’s business, employees, and manufacturing partners.
- Potential supply chain constraints.
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 Q2 2022
+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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