HZO
MARINEMAX INC
NYSE · Consumer Cyclical · Specialty Retail · US
$52.56
+0.46%Research · Apr 23, 2026
HZO Q2: Can 34% Gross Margin Offset a 15% Same-Store Sales Decline?
MarineMax Q2 FY2026 showed gross margin expansion to 34.4% driven by higher-margin businesses (finance, superyacht services, marinas), offsetting a 15% same-store sales decline. The company reaffirmed FY2026 adjusted EBITDA guidance of $110M-$125M despite H1 losses, betting that margin resilience can carry profitability through a weak volume environment.