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MarineMax reported a record first quarter with revenue increasing by 15% to $472.7 million. Net income increased 52% to $35.9 million, and earnings per diluted share grew 53% to $1.59.
Revenue increased 15% to a record $472.7 million.
Same-store sales grew by 9%, driven by increased unit sales.
Net income increased 52% to $35.9 million.
Earnings per diluted share grew 53% to $1.59.
The Company is raising its fiscal year 2022 guidance for earnings per diluted share to a range of $7.60 to $8.00, which is increased from its previously provided guidance of $7.20 to $7.50 per diluted share.
Visualization of income flow from segment revenue to net income