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Tag Archives: MarineMax

MarineMax reports fourth quarter, fiscal year results

MarineMax, Inc. has announced its fourth quarter and fiscal year ending results. For the quarter ending Sept. 30, 2017, revenue grew more than 10 percent to $250.6 million from $227.4 million for the comparable quarter last year. Same-store sales for the quarter increased 5 percent on top of 12 percent growth for the same period last year. Net income for ...

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MarineMax’s Michael Adams named a finalist for CIO of the Year

Michael Adams, MarineMax vice president of innovation and technology, was recently recognized as a finalist for the Tampa Bay Business Journal 2017 Chief Information Officer of the Year award.  “Innovation is a key component in the boating industry and being able to develop creative strategies is a major reason for our success. Michael Adams has been an incredible asset, paving ...

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MarineMax promotes Larry Russo, Jr., Alex Russo

MarineMax has announced the promotion of Larry Russo, Jr. to regional president of the Northeast (Massachusetts, Connecticut, Rhode Island and New York), and Alex Russo to general manager of all MarineMax Russo stores.  “Since Russo Marine joined our family in May of 2016, Larry has grown and proven himself to be an important contributor to MarineMax,” said Brett McGill, chief operating ...

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MarineMax reports Q3 fiscal 2017 results

MarineMax, Inc. (NYSE:HZO) announced results for its third quarter ended June 30, 2017. Revenue was $329.8 million for the quarter ended June 30, 2017, compared with $345.6 million for the comparable quarter last year. Same-store sales decreased 10 percent following 44 percent growth comparison in the same period a year ago. Due primarily to the strength of product margins and a rise in the company’s traditionally higher ...

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MarineMax to webcast Q3 2017 results

MarineMax, Inc. (NYSE:HZO) announced that the company will hold a webcast to review its third quarter of fiscal 2017 results on Thursday, July 20, at 10 a.m. Eastern Time. To access the webcast, visit the investor relations section of the company's website. The online replay will be available for a limited time beginning within one hour of the conclusion of ...

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MarineMax releases 2017 burgee

MarineMax has released its 2017 Burgee along with other gear and plans for a summer giveaway on social media.  “We’re more than a dealer. Yes, we sell boats, but we are also a resource. We provide world-class service, financing and insurance, educational programs, access to Getaways! trips and other boaters. We’re all boaters with such passion for the water we ...

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MarineMax sponsoring Habitat For Humanity breaks ground

On Friday, June 30, partners of Habitat for Humanity of Pinellas County, sponsors and elected officials, including Clearwater Mayor George Cretekos and Florida Rep. Larry Ahern, came together to celebrate the groundbreaking of 12 homes in the North Garden Avenue neighborhood of Clearwater. This new development will provide 12 more Pinellas County families the opportunity to live and thrive in ...

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MarineMax Vacations Tortola names Clarence Malone director of operations

MarineMax Vacations announced that Clarence Malone has been appointed to the position of director of operations of the company’s charter base in Tortola, British Virgin Islands. "We are excited to have Clarence join our MarineMax Vacations team in the British Virgin Islands where he will oversee all aspects of charter operations at our Tortola base,” said Raul Bermudez, vice president ...

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The confidence gap

I’ve been around boats my whole life, but even though I’m no stranger to the water I’ve never felt fully confident behind the wheel. It certainly doesn’t help that all my life if I’ve ever made the slightest error, a male relative or in-law has been right there to yell at me about what I’m doing wrong or take over ...

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MarineMax expands financing capacity to $350 million

MarineMax, Inc. (NYSE:HZO) announced that it has expanded its financing facility to, among other things, provide for borrowings of up to $350 million from the previous limit of $300 million. The expanded facility has a three-year term, expiring in October 2020 and has two, one-year options to renew, subject to lender approval. Borrowings under the facility are secured primarily by the company’s inventory that is financed ...

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