MarineMax reports lower sales, revenues and profit amid "muted demand" in Q1 2025

MarineMax has reported the results of its fiscal 2025 first quarter (Q1), ended December 31, 2024. The US-based recreational boat, yacht and superyacht services company saw lower consolidated revenue and gross profit compared to the previous year, but higher gross profit margins.

Following the results of its previous quarter, MarineMax continued to battle significant macroeconomic headwinds and the fallout from two major hurricanes – Hurricane Helene and Hurricane Milton – that struck Florida's west coast late last year.