MarineMax see-saws after boat retailer forecasts annual profit below estimates

MarineMax

13/11/2025 14:56

** Shares of recreational boat retailer MarineMax's  see-saw in volatile early trading

** Co forecasts fiscal 2026 adjusted profit in the range of 40 cents to 95 cents per share, below analysts average estimates of $1.89 per share, according to data compiled by LSEG

** Posts Q4 adjusted net loss of 4 cents per share vs analyst estimates of loss of 13 cents per share

** Reports quarterly revenue of $552.2 million, compared with $563.1 million a year earlier

** "New boat sales and pricing remained under pressure in the fourth quarter due to the soft retail environment industry wide" says CEO Brett McGill

** Up to last close, HZO down nearly 19% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))