MarineMax reports seasonal normalization in 2023 Q2 results

MarineMax, Inc. recently announced results for its fiscal second quarter ended March 31, 2023. Revenue in the fiscal 2023 second quarter was down 7% to $570.3 million from record March quarter revenue of $610.1 million in the comparable period last year. The Company reported this result was primarily attributable to decreases in new and used […]

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MarineMax announces new brokerage program

MarineMax introduced an all-new Platinum Brokerage program to recognize the most pristine vessels in the resale market and fill the boating and yachting dreams of boaters nationwide. “Throughout the years our customers have driven our growth into different markets, and this is something they’ve been asking for,” MarineMax chief revenue officer Chuck Cashman said. “The Platinum […]

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MarineMax to acquire IGY Marinas

MarineMax, Inc. 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 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 […]

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