Articles from MarineMax, Inc.
MarineMax to Expand Marina Portfolio with the Acquisition of Shelter Bay Marine, in the Heart of the Florida Keys
MarineMax, Inc. (NYSEHZO) (“MarineMax” or the “Company”), the world’s largest recreational boat, yacht and superyacht services company, today announced that it has signed a definitive agreement to acquire Shelter Bay Marine (”Shelter Bay”), a full-service marina and storage facility in the heart of the Florida Keys. The acquisition is expected to close by the end of June 2025 and be accretive in the first full year of operations.
By MarineMax, Inc. · Via Business Wire · January 31, 2025
MarineMax Reports Fiscal 2025 First Quarter Results
MarineMax, Inc. (NYSEHZO) (“MarineMax” or the “Company”), the world’s largest recreational boat, yacht and superyacht services company, today announced results for its fiscal 2025 first quarter ended December 31, 2024.
By MarineMax, Inc. · Via Business Wire · January 23, 2025
MarineMax to Report First Quarter Fiscal 2025 Financial Results on Thursday, January 23, 2025
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, plans to release its first quarter fiscal 2025 financial results before the opening of the New York Stock Exchange on Thursday, January 23, 2025. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.
By MarineMax, Inc. · Via Business Wire · January 16, 2025
MarineMax Reports Fiscal 2024 Fourth Quarter and Full Year Results
MarineMax, Inc. (NYSEHZO) (“MarineMax” or the “Company”), the world’s largest recreational boat, yacht and superyacht services company, today announced results for its fiscal 2024 fourth quarter and full year ended September 30, 2024.
By MarineMax, Inc. · Via Business Wire · October 31, 2024
MarineMax to Report Fourth Quarter and Full Year Fiscal 2024 Financial Results on Thursday, October 31, 2024
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, plans to release its fourth quarter and full year fiscal 2024 financial results before the opening of the New York Stock Exchange on Thursday, October 31, 2024. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.
By MarineMax, Inc. · Via Business Wire · October 24, 2024
MarineMax Provides Update on Impact from Hurricane Helene
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht services company, today provided a preliminary update on Hurricane Helene.
By MarineMax, Inc. · Via Business Wire · October 3, 2024
Steven English Named Chief Executive Officer of IGY Marinas
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht services company, today announced that Steven English, President of the Company’s IGY Marinas subsidiary (IGY), has been named Chief Executive Officer of IGY.
By MarineMax, Inc. · Via Business Wire · September 17, 2024
MarineMax Appoints Bonnie Biumi to Board of Directors
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht services Company, today announced the appointment of Bonnie S. Biumi to its Board of Directors, effective September 1, 2024. Ms. Biumi, 62, will also serve as chair of the Audit Committee, replacing Hilliard M. Eure III, who simultaneously will retire from the Board after 20 years of service.
By MarineMax, Inc. · Via Business Wire · August 28, 2024
MarineMax Enters into Asset Exchange Agreement for Aviara Brand of Luxury Dayboats with MasterCraft Boat Holdings
MarineMax, Inc. (NYSEHZO) (“MarineMax” or the “Company”), the world’s largest recreational boat, yacht and superyacht services company, today announced that it has entered into an asset exchange agreement with MasterCraft Boat Holdings, Inc. (“MasterCraft”) under which MarineMax’s Cruisers Yachts subsidiary will assume the rights to MasterCraft’s Aviara brand of luxury dayboats.
By MarineMax, Inc. · Via Business Wire · August 8, 2024
MarineMax Reports Fiscal 2024 Third Quarter Results
MarineMax, Inc. (NYSEHZO) (“MarineMax” or the “Company”), the world’s largest recreational boat, yacht and superyacht services company, today announced results for its fiscal 2024 third quarter ended June 30, 2024.
By MarineMax, Inc. · Via Business Wire · July 25, 2024
MarineMax to Report Third Quarter Fiscal 2024 Financial Results on Thursday, July 25, 2024
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, plans to release its third quarter fiscal 2024 financial results before the opening of the New York Stock Exchange on Thursday, July 25, 2024. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.
By MarineMax, Inc. · Via Business Wire · July 18, 2024
MarineMax Issues Statement
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht services company, today issued the following statement in response to recent letters issued by Island Capital Group LLC:
By MarineMax, Inc. · Via Business Wire · July 12, 2024
MarineMax Promotes Manny Alvare to General Counsel
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht services company, today announced the promotion of Manny A. Alvare, the Company’s Vice President of Legal Affairs since October 2021, to the position of General Counsel.
By MarineMax, Inc. · Via Business Wire · May 20, 2024
MarineMax Announces Board Changes Reflecting Continued Commitment to Strong Governance
MarineMax, Inc. (NYSEHZO) (“MarineMax” or the “Company”), the world’s largest recreational boat, yacht and superyacht services company, today announced that the Board of Directors has announced several changes as part of its continued commitment to strong governance.
By MarineMax, Inc. · Via Business Wire · May 17, 2024
MarineMax Reports Fiscal 2024 Second Quarter Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht services company, today announced results for its second quarter ended March 31, 2024.
By MarineMax, Inc. · Via Business Wire · April 25, 2024
MarineMax to Report Second Quarter Fiscal 2024 Financial Results on Thursday, April 25, 2024
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, plans to release its second quarter fiscal 2024 financial results before the opening of the New York Stock Exchange on Thursday, April 25, 2024. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.
By MarineMax, Inc. · Via Business Wire · April 18, 2024
MarineMax Announces New Stock Repurchase Program
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht services company, today announced that its Board of Directors approved a new stock repurchase plan. Under the plan, the Company is authorized to repurchase up to $100 million of its common stock during the period beginning today and ending March 31, 2026. This plan replaces the March 2020 plan (the “2020 plan”), as amended, which authorized the repurchase of up to 10 million shares and which was set to expire on March 31, 2024. Approximately 1,080,000 shares had been repurchased under the 2020 plan as of March 5, 2024.
By MarineMax, Inc. · Via Business Wire · March 11, 2024
MarineMax Completes Acquisition of Premier Distributor and Retailer Williams Tenders USA
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht services company, today announced that it has completed the acquisition of Williams Tenders USA, Inc. (Williams). Headquartered in Pompano Beach, Florida, Williams is a premier distributor and retailer for UK-based Williams Jet Tenders Ltd., the world’s leading manufacturer of rigid inflatable jet tenders for the luxury yacht market. The acquisition is expected to be accretive in its first full year of operations.
By MarineMax, Inc. · Via Business Wire · March 4, 2024
MarineMax Reports Fiscal 2024 First Quarter Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht services company, today announced results for its first quarter ended December 31, 2023.
By MarineMax, Inc. · Via Business Wire · January 25, 2024
MarineMax to Report First Quarter Fiscal 2024 Financial Results on Thursday, January 25, 2024
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, plans to release its first quarter fiscal 2024 financial results before the opening of the New York Stock Exchange on Thursday, January 25, 2024. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.
By MarineMax, Inc. · Via Business Wire · January 18, 2024
MarineMax to Acquire Williams Tenders USA, Complementing its Luxury Yacht and Superyacht Offerings
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht services company, today announced that it has entered into a definitive agreement to acquire Williams Tenders USA, Inc. The acquisition is expected to close by March 31, 2024, and be accretive in its first full year of operations.
By MarineMax, Inc. · Via Business Wire · January 8, 2024
MarineMax Reports Fiscal 2023 Fourth Quarter and Full Year Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal 2023 fourth quarter and full year ended September 30, 2023.
By MarineMax, Inc. · Via Business Wire · October 26, 2023
MarineMax to Report Fiscal 2023 Fourth Quarter and Full Year Results on Thursday, October 26, 2023
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, plans to release its fiscal 2023 fourth quarter and full year financial results before the opening of the New York Stock Exchange on Thursday, October 26, 2023. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.
By MarineMax, Inc. · Via Business Wire · October 19, 2023
MarineMax To Expand Superyacht Services in Greece
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced that Fraser Yachts, its wholly owned subsidiary, has executed a definitive agreement to acquire a controlling interest of Atalanta Golden Yachts, a leading charter management agency based in Athens, Greece. John Dragnis, principal shareholder of Atalanta Golden Yachts, maintains a significant stake and will remain involved in the growth and development of Fraser’s operations in Greece. The acquisition is expected to close in the quarter ending December 31, 2023, and be accretive in its first full year of operations.
By MarineMax, Inc. · Via Business Wire · September 25, 2023
MarineMax Reports Fiscal 2023 Third Quarter Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal third quarter ended June 30, 2023.
By MarineMax, Inc. · Via Business Wire · July 27, 2023
MarineMax to Report Third Quarter Fiscal 2023 Financial Results on Thursday, July 27, 2023
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, plans to release its third quarter fiscal 2023 financial results before the opening of the New York Stock Exchange on Thursday, July 27, 2023. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.
By MarineMax, Inc. · Via Business Wire · July 20, 2023
MarineMax Expands Financial Flexibility For Continued Growth
MarineMax, Inc. (NYSEHZO) (“MarineMax” or the “Company”), the world’s largest recreational boat, yacht, and superyacht services company, today announced the expansion of its floor plan facility from $750 million to $950 million, further increasing the Company’s liquidity and financial flexibility for the future.
By MarineMax, Inc. · Via Business Wire · July 13, 2023
MarineMax Expands in the Midwest With the Addition of C&C Boat Works
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced the acquisition of C&C Boat Works, a full-service boat dealer in Crosslake, Minnesota. The transaction expands MarineMax’s footprint in Minnesota to five locations.
By MarineMax, Inc. · Via Business Wire · June 2, 2023
MarineMax Reports Fiscal 2023 Second Quarter Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal second quarter ended March 31, 2023.
By MarineMax, Inc. · Via Business Wire · April 27, 2023
MarineMax to Report Second Quarter Fiscal 2023 Financial Results on Thursday, April 27, 2023
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht, and superyacht services company, plans to release its second quarter fiscal 2023 financial results before the opening of the New York Stock Exchange on Thursday, April 27, 2023. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.
By MarineMax, Inc. · Via Business Wire · April 20, 2023
MarineMax Promotes Executive Officer
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht company, today announced the promotion of Anthony E. Cassella, Jr. to Executive Vice President Finance and Chief Accounting Officer.
By MarineMax, Inc. · Via Business Wire · March 2, 2023
MarineMax Reports Fiscal 2023 First Quarter Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat, yacht and superyacht company, today announced results for its first quarter ended December 31, 2022.
By MarineMax, Inc. · Via Business Wire · January 26, 2023
MarineMax to Report First Quarter Fiscal 2023 Financial Results on Thursday, January 26, 2023
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, plans to release its first quarter fiscal 2023 financial results before the opening of the New York Stock Exchange on Thursday, January 26, 2023. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.
By MarineMax, Inc. · Via Business Wire · January 19, 2023
MarineMax Completes Acquisition of Boatzon, an Innovative Customer Experience Driven Retail Technology Platform for the Marine Industry
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, has completed the acquisition of Boatzon, the first 100 percent online boat and marine digital retail platform, through its recently formed technology entity, New Wave Innovations. Just as technology has changed the car-buying experience, the integrated Boatzon platform is giving consumers the ease and convenience of browsing for financing, purchasing, and insuring a boat, entirely online.
By MarineMax, Inc. · Via Business Wire · January 5, 2023
MarineMax Expands Technology Investments Through New Wave Innovations
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced the formation of New Wave Innovations, a new business that will invest in and grow technology-related products and services. Boatyard, which was previously acquired and recently recognized as a top innovative company, and Boatzon will fall under this new entity.
By MarineMax, Inc. · Via Business Wire · December 7, 2022
MarineMax Acquires Marine Development Company
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced the acquisition of Midcoast Construction Enterprises, LLC (“Midcoast Marine Group”), a leading full-service marine construction company based on Central Florida’s Gulf Coast.
By MarineMax, Inc. · Via Business Wire · December 5, 2022
MarineMax Reports Record Fourth Quarter and Fiscal Year 2022 Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced record results for its fourth quarter and full year ended September 30, 2022.
By MarineMax, Inc. · Via Business Wire · October 27, 2022
MarineMax to Webcast Fourth Quarter and Full Year Fiscal 2022 Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its fourth quarter and full year fiscal 2022 results on Thursday, October 27, 2022, at 10:00 a.m. Eastern Time.
By MarineMax, Inc. · Via Business Wire · October 20, 2022
MarineMax’s Board Appoints Two Key Leaders as Executive Officers
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced the appointment of two key leaders as executive officers of MarineMax. The Company’s Board of Directors appointed Shawn Berg and Kyle Langbehn as executive officers, effective October 1, 2022, as the Company continues to execute its strategic growth plan.
By MarineMax, Inc. · Via Business Wire · October 11, 2022
MarineMax Significantly Expands Global Marina Business with the Closing of IGY Marinas
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer today announced that it has significantly expanded its global marina business with the completion of the previously announced acquisition of Island Global Yachting LLC (“IGY Marinas”), effective October 1, 2022.
By MarineMax, Inc. · Via Business Wire · October 4, 2022
MarineMax Announces Appointment of Mercedes Romero to Board of Directors
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced that Mercedes Romero has been appointed to its Board of Directors effective October 1, 2022.
By MarineMax, Inc. · Via Business Wire · September 26, 2022
MarineMax To Acquire IGY Marinas Significantly Expanding Global Marina and Services Business
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced that it has entered into a definitive agreement to acquire Island Global Yachting LLC (“IGY Marinas”), which owns and operates a collection of iconic marina assets and a yacht management platform in key global yachting destinations. MarineMax will acquire IGY Marinas for $480 million in cash, with an additional potential earnout of up to $100 million two years after closing, subject to the achievement of defined performance metrics. IGY Marinas, through recent acquisitions and organic growth, is projected to generate over $100 million of revenue in calendar 2022. Subject to the satisfaction of customary closing conditions, MarineMax expects the acquisition to close in the first half of fiscal 2023 and to be accretive within the first twelve months of closing. IGY Marinas will maintain its luxury branding that is well recognized as best-in-class in the global marina and superyacht communities. Tom Mukamal, CEO of IGY Marinas, and the IGY Marinas existing management team will continue to lead the growth and operations of the business.
By MarineMax, Inc. · Via Business Wire · August 9, 2022
MarineMax Expands Financial Flexibility with New Credit Facilities to Execute on Strategic Growth Opportunities
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced the completion of $1.35 billion in aggregate financing commitments.
By MarineMax, Inc. · Via Business Wire · August 9, 2022
MarineMax Reports Record Fiscal Third Quarter Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced results for its third quarter ended June 30, 2022.
By MarineMax, Inc. · Via Business Wire · July 28, 2022
MarineMax to Webcast Third Quarter Fiscal 2022 Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its third quarter fiscal 2022 results on Thursday, July 28, 2022, at 10:00 a.m. Eastern Time.
By MarineMax, Inc. · Via Business Wire · July 21, 2022
MarineMax Reports Record Fiscal 2022 Second Quarter Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced record results for its second quarter ended March 31, 2022.
By MarineMax, Inc. · Via Business Wire · April 28, 2022
MarineMax to Webcast Second Quarter Fiscal 2022 Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its second quarter fiscal 2022 results on Thursday, April 28, 2022, at 10:00 a.m. Eastern Time.
By MarineMax, Inc. · Via Business Wire · April 22, 2022
MarineMax Continues Technology Investments
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, announced today that it has invested in Boatzon. Boatzon, is the first 100 percent online boat and marine retailer providing secure direct marketplace services.
By MarineMax, Inc. · Via Business Wire · April 12, 2022
MarineMax Further Expands Worldwide Yacht Services
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced that it has acquired Superyacht Management, S.A.R.L., better known as SYM. SYM is a superyacht management company based in Golfe Juan, France. The acquisition is expected to be accretive in its first full year.
By MarineMax, Inc. · Via Business Wire · April 5, 2022
MarineMax Reports Record Fiscal 2022 First Quarter Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced record results for its first quarter ended December 31, 2021.
By MarineMax, Inc. · Via Business Wire · January 27, 2022
MarineMax Completes the Acquisition of Intrepid Powerboats
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, announced today that it has completed the acquisition of Intrepid Powerboats (Intrepid), a premier manufacturer of powerboats.
By MarineMax, Inc. · Via Business Wire · November 3, 2021
MarineMax Expands in Texas
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced it has acquired the assets of Texas MasterCraft. Texas MasterCraft is a full-service Dallas, Texas area towboat dealer that operates primarily from two locations. The Dallas-area market is the largest towboat market in the United States. Texas MasterCraft generated revenue of over $45 million in 2020. The acquisition is expected to be accretive in its first full twelve months after the closing.
By MarineMax, Inc. · Via Business Wire · November 1, 2021
MarineMax Reports Record Fourth Quarter and Fiscal Year Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced record results for its fourth quarter and full year ended September 30, 2021.
By MarineMax, Inc. · Via Business Wire · October 26, 2021
MarineMax to Webcast Fiscal Fourth Quarter and Full Year 2021 Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its fourth quarter and full year fiscal 2021 results on Tuesday, October 26, 2021, at 10:00 a.m. Eastern Time.
By MarineMax, Inc. · Via Business Wire · October 20, 2021
MarineMax to Acquire Intrepid Powerboats
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, announced today that it has entered into a definitive agreement to acquire Intrepid Powerboats (Intrepid), a premier manufacturer of powerboats. MarineMax expects the acquisition to close before December 31, 2021, and to be accretive in its first full twelve-month period.
By MarineMax, Inc. · Via Business Wire · October 5, 2021
MarineMax Elects New Member to Its Board of Directors
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced that Adam M. Johnson has been elected to its Board of Directors.
By MarineMax, Inc. · Via Business Wire · September 27, 2021
MarineMax Reports Record Fiscal 2021 Third Quarter Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced results for its third quarter ended June 30, 2021.
By MarineMax, Inc. · Via Business Wire · July 22, 2021
MarineMax to Webcast Fiscal Third Quarter 2021 Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its third quarter fiscal 2021 results on Thursday, July 22, 2021, at 10:00 a.m. Eastern Time.
By MarineMax, Inc. · Via Business Wire · July 15, 2021
MarineMax Expands Financial Capacity
MarineMax, Inc. (NYSEHZO), the nation’s largest recreational boat and yacht retailer, announced today that it increased the amount, and extended the term, of its credit facility. The facility now provides MarineMax with $500 million of borrowing capacity, further increasing the Company’s liquidity and financial flexibility for future growth.
By MarineMax, Inc. · Via Business Wire · July 13, 2021
MarineMax Expands in Midwest
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced the acquisition of Nisswa Marine (Nisswa), a full-service Midwest dealer located in Nisswa, Minnesota. Nisswa generated revenue of over $35 million in 2020. The acquisition is expected to be accretive in its first full year.
By MarineMax, Inc. · Via Business Wire · July 1, 2021
MarineMax Acquires Cruisers Yachts
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced the acquisition of KCS International, Inc., better known as Cruisers Yachts, headquartered in Oconto, Wisconsin. Cruisers Yachts (Cruisers) is recognized as one of the world’s premier manufacturers of premium yachts, producing models from 33’ to 60’ feet. Cruisers, due to demand, recently announced the expansion of their production capacity by purchasing a 216,000 square foot, purpose-built boat manufacturing plant in Pulaski, WI. Such expansion allows Cruisers to more than double its capacity over time. MarineMax’s acquisition of Cruisers Yachts ensures it will always have a premium, American built yacht in its product portfolio. The Company expects the acquisition to be accretive in its first full twelve-month period.
By MarineMax, Inc. · Via Business Wire · May 3, 2021
MarineMax Reports Record Fiscal 2021 Second Quarter Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced results for its second quarter ended March 31, 2021.
By MarineMax, Inc. · Via Business Wire · April 22, 2021
MarineMax to Webcast Fiscal Second Quarter 2021 Results
MarineMax, Inc. (NYSEHZO), the world’s largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its second quarter fiscal 2021 results on Thursday, April 22, 2021, at 10:00 a.m. Eastern Time.
By MarineMax, Inc. · Via Business Wire · April 15, 2021