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Jun 30, 2020
Marinemax Q3 2020 Earnings Report
Reported record third quarter results driven by a 30% revenue increase and a 37% same-store sales growth.
Key Takeaways
MarineMax reported record third quarter results with revenue reaching $498.3 million, a 30% increase compared to the previous year. Same-store sales grew by 37%. Net income increased by over 83% to $34.9 million, and earnings per share grew by over 88% to $1.58.
Revenue grew by approximately 30% to $498.3 million.
Same-store sales increased by 37%.
Net income grew over 83% to $34.9 million.
Earnings per diluted share increased over 88% to $1.58.
Marinemax
Marinemax
Forward Guidance
The Company withdrew its prior 2020 guidance given the continued significant uncertainties related to COVID-19.