Tag Archives: MarineMax

MarineMax reports record earnings

MarineMax logo

MarineMax, Inc., the nation’s largest recreational boat and yacht retailer, announced record results for its fourth quarter and full year ended September 30, 2020. Revenue grew over 29% to $398.8 million for the quarter ended September 30, 2020, from $308.1 million for the comparable quarter last year. The increase was driven by strong same-store sales growth of 33%. Included in ...

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MarineMax acquires SkipperBud’s and affiliates

MarineMax recently announced the acquisition of SkipperBud's and its affiliate, Silver Seas, deepening the North-South-West connection for both organizations and their customers.  SkipperBud’s was founded over 60 years ago with the realization that the growth and success of the company depended on its team members. Under Michael Pretasky Sr., SkipperBud’s demonstrated a commitment to customers by delivering the dream of the boating lifestyle ...

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MarineMax team member celebrates 35 years

Mike Aiello, national director of special projects for MarineMax, is celebrating 35 years in the boating industry.  Aiello pursued an accounting degree in college where he became interested in the boating industry. He started with Merit Marine in 1985, where he ran a very successful business, ultimately leading to one of the first acquisitions of MarineMax in 1999. His experience and ...

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MarineMax names Buzz Watkins Texas Regional President

Buzz Watkins MarineMax

MarineMax recently announced the promotion of Buzz Watkins to Texas Regional President.  Kyle Langbehn, MarineMax president of retail operations, comments, “Buzz is a very well-respected marine industry leader who spent most of his career leading the award-winning Sail & Ski dealerships in Austin, Lakeway, and San Antonio. Since joining MarineMax in 2019, Buzz has continued to bring innovative ideas coupled with ...

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MarineMax reports third quarter results

MarineMax, Inc. announced results for its third quarter ended June 30, 2020. Revenue grew approximately 30% to $498.3 million for the quarter ended June 30, 2020, from $383.5 million for the comparable quarter last year. The increase was driven by same-store sales growth of 37% which was on top of a 3% increase in the comparable period last year. Net ...

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MarineMax enters yacht insurance business with acquisition

MarineMax, Inc. (NYSE: HZO) announced that it acquired Private Insurance Services, a specialty yacht insurance agency. Private Insurance Services, an affiliate and part of the recent acquisition of Northrop & Johnson, provides yacht insurance programs for top yacht management groups, maritime attorneys and brokerage houses worldwide. With the acquisition, MarineMax enters the yacht insurance segment of the industry, expanding its ...

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MarineMax reports Q2 results

MarineMax, Inc. announced results for its fiscal second quarter ended March 31, 2020. Revenue grew almost 2% to $308.5 million for the quarter ended March 31, 2020 from $303.6 million for the comparable quarter last year. Same-store sales for the quarter increased over 1% on top of a 12% during the same period last year. Income before taxes was $6.7 ...

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MarineMax acquires Boatyard digital platform

MarineMax, Inc. announced it has acquired the Boatyard digital platform, creating a new way for boat owners to enjoy their passion, wherever and whenever they want. Built around the Boatyard acquisition, the new MarineMax Customer Experience Platform will be led by Boatyard Founder and CEO Nathan Heber, who will become president of Boatyard at MarineMax. Shawn Berg, MarineMax Chief Digital ...

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MarineMax launches new app

MarineMax recently announced the rollout of a new boating app in advance of the Miami International Boat Show and Miami Yacht Show. “The boating industry continues to advance. From smart-tech-systems on boats to the new MarineMax app, the idea is to help customers spend more time on the water and less time taking care of their boat,” said Shawn Berg, MarineMax chief digital officer. “The app ...

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MarineMax Fort Myers hosts benefit for area children’s hospital

The team at MarineMax Fort Myers hosted a successful Yacht Gala in benefit of The Golisano Children's Hospital of Southwest Florida. This year they hosted the event at the Deep Lagoon Seafood and Oyster House, located on the MarineMax campus. Through generous donations, a live auction, and a silent auction they were able to raise almost $200,000 for the cause. MarineMax Fort Myers said they ...

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