MarineMax announces record December quarter amid "challenging retail environment"

Recreational boat, yacht and superyacht services company MarineMax is reporting the highest first-quarter revenue in the company's history, reaching $527.3 million for the three months ended 31 December 2023.

The results also showed an improvement over the previous year, where total revenue for the quarter amounted to $507.9 million. The Group attributed this 3.8 per cent top-line growth to higher new and used boat sales, which also contributed to a four per cent increase in same-store sales (the total dollar amount of sales in a company's stores that have been operating for a year or more).