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Strong demand for large boats lifts MarineMax

Jul. 26, 2016 7:04 AM ETMarineMax, Inc. (HZO) StockBy: Clark Schultz, SA News Editor
  • Same-store sales jumped 44% for MarineMax (NYSE:HZO) in FQ3 after the company saw strong demand for large boats during the quarter.
  • Gross profit was up 38% to $78.902M, although net income was nearly flat from a year ago due to a tax benefit a year ago.
  • MarineMax raises full-year EPS guidance after the strong quarter to $0.86 to $0.90, up from a prior outlook of $0.68 to $0.75.
  • Previously: MarineMax beats by $0.12, beats on revenue (July 26)

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