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Mar 31, 2020
Marinemax Q2 2020 Earnings Report
MarineMax's Q2 2020 earnings were released, showing revenue growth and consistent EPS compared to the previous year.
Key Takeaways
MarineMax reported a revenue increase of almost 2% to $308.5 million. Same-store sales increased over 1%. EPS remained consistent at $0.23 per diluted share. The results were partially impacted by the COVID-19 pandemic.
Revenue increased to $308.5 million, up almost 2% year-over-year.
Same-store sales increased over 1% compared to the same quarter last year.
Net income was $5.1 million, resulting in $0.23 earnings per diluted share.
The company ended the quarter with $90 million of liquidity, including $64 million in cash and cash equivalents.
Marinemax
Marinemax
Forward Guidance
The Company withdrew its prior 2020 guidance given the continued significant uncertainties related to COVID-19.