MarineMax, Inc. (NYSE: HZO) has reported its fiscal 2025 fourth-quarter and full-year results, with revenue for the fourth quarter standing at $552.2 million. Notably, the company achieved a 2.3% growth in same-store sales for the quarter, despite industry-wide retail softness. The gross margin also expanded to 34.7%, driven by the strength of its diversified portfolio.
However, for the full fiscal year 2025, same-store sales decreased by 2.1%, with the company reporting a net loss of $31.6 million. The gross profit for the full year was 32.5%.
In the CEO's commentary, Brett McGill highlighted the resilience of MarineMax's diversified business model, with strong contributions from areas such as finance & insurance, parts, services, superyachts division, and marina operations.
The company achieved gross profit of $191.4 million, or 34.7% of revenue, in the fourth quarter of fiscal 2025. However, it reported a net loss of $0.9 million, or $0.04 per share, compared to net income of $4.0 million, or $0.17 per diluted share, in the prior-year period.
Looking ahead to fiscal 2026, MarineMax expects adjusted EBITDA to be in the range of $110 million to $125 million, with adjusted net income in the range of $0.40 to $0.95 per diluted share. These projections exclude the potential impact of material acquisitions or other unforeseen developments.
Despite facing macroeconomic uncertainty and persistent industry headwinds, MarineMax remains confident in its long-term strategy and growth priorities, aiming to capitalize on opportunities throughout industry cycles.
The company's focus on innovation and world-class customer service, as demonstrated by the recent launch of its flagship yacht sales and service center in Fort Myers, Florida, is expected to further enhance its competitive position.
Today the company's shares have moved -0.21% to a price of $23.48. For the full picture, make sure to review MARINEMAX INC's 8-K report.
