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Jun 30, 2024
Marinemax Q3 2024 Earnings Report
Reported third quarter results with revenue up 5% year-over-year.
Key Takeaways
MarineMax reported a 5% increase in revenue to $757.7 million for the fiscal 2024 third quarter, driven by increased boat sales and a 4% rise in same-store sales. Net income was $31.6 million, or $1.37 per diluted share, while adjusted diluted EPS was $1.51. The company reaffirmed its fiscal year 2024 adjusted earnings guidance.
Revenue increased by 5% to $757.7 million.
Same-store sales grew by 4%.
Gross profit margin was 32.0%.
Net income reached $31.6 million, with diluted EPS at $1.37 and adjusted diluted EPS at $1.51.
Revenue by Segment
Forward Guidance
MarineMax reaffirmed its fiscal year 2024 Adjusted net income guidance range of $2.20 to $3.20 per diluted share and Adjusted EBITDA guidance range of $155 million to $190 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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