MarineMax reported a record fourth quarter with revenue increasing over 16% to $536.8 million and diluted earnings per share of $1.73. The company's performance was driven by strong demand and strategic acquisitions, despite challenges from Hurricane Ian.
Revenue grew over 16% to a record $536.8 million.
Same-store sales grew over 11%.
Net income was $38.4 million, or $1.73 per diluted share.
Fiscal year revenue surpassed $2.3 billion with diluted earnings per share of $8.84, or an adjusted $9.00.
The Company currently expects earnings per diluted share to be in the range of $7.90 to $8.40 for fiscal 2023, including the recently announced IGY Marina’s acquisition.
Visualization of income flow from segment revenue to net income