President 25 Years Kyle Langbehn Executive Vice President, President of Retail Operations Denotes years of experience at MarineMax WHY MARINEMAX? | --- | --- | --- | --- | --- | --- | |-------|-----------------------|-------|-------------------------------------------|-------|------------------------------| | | TEACH | | SERVICE | | FUN | | | Fishing Seminars | | Pro-active and Emergency Services | | MarineMax Getaways!® | | | Captain's Orientation | | Mobile Service | | Owners Rendezvous | | | Women on Wat ...

Financial Data and Key Metrics Changes - The company generated GAAP net income of over $15 million or $0.67 per diluted share, compared to net income of $38.4 million or $1.73 per diluted share last year [7] - Adjusted EBITDA for the quarter was $43 million compared to $68 million last year, primarily due to lower net income and higher floor plan interest expense [7][8] - Full-year adjusted net income per share is expected to be in the range of $4.50 to $5 per diluted share for fiscal 2024, with adjusted EBITDA projected to be between $225 million and $250 million [8] Business Line Data and Key Metrics Changes - Same-store sales increased by 8%, driven by solid revenue gains in higher-margin businesses like service, finance, and insurance [3][12] - New and used boat sales were up in dollars and units, with the premium category performing well, alongside improved performance in previously lagging categories like pontoons and towboats [3][6] - SG&A expenses rose by 16% to $169 million, with over half of the increase attributed to recent acquisitions [15] Market Data and Key Metrics Changes - Positive trends were observed in most markets, particularly in Florida and the Midwest [6] - On a same-store basis, unit inventories were down a little over 30% compared to September 2019 levels [16] - The company expects low-to-mid single-digit same-store sales growth in 2024, with product margins anticipated to moderate [39] Company Strategy and Development Direction - The company is focused on strategic marketing and customer engagement initiatives to drive market share growth [5] - The acquisition of IGY Marinas and AGY is part of the strategy to enhance revenue and expand into higher-margin segments [12][100] - The company aims to maintain financial strength and build long-term shareholder value by pursuing profitable growth opportunities [104] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the macroeconomic outlook but noted strong demand for the boating lifestyle [89][129] - The company anticipates a return to historical seasonality in the retail boating industry, with expectations for inventory to build modestly as it has historically [17][18] - Management acknowledged the impact of rising interest rates on costs but emphasized the strength of their diversified revenue streams [102][132] Other Important Information - The company ended the year with over $200 million in cash, and inventories increased to $813 million, reflecting a seasonal build [16][102] - The company is exploring opportunities to improve synergies and reduce costs without impacting customer experience [87][69] Q&A Session All Questions and Answers Question: What is the macroeconomic outlook assumed in the fiscal '24 guidance? - The company is not embedding a recession in its forecast and expects status quo conditions to continue [129] Question: Can you discuss the inventory situation and ordering patterns going forward? - The company is working closely with manufacturers to manage inventory levels, acknowledging some categories have excess inventory while others require more [21][22] Question: What is the outlook for growth in higher-margin businesses throughout fiscal year '24? - Demand in service and marina revenue remains strong, with expectations for growth in finance and insurance as well [34][113] Question: How is the competitive environment for acquisitions? - The company is focused on higher-margin dealerships and superyacht services, with a less competitive environment for premium end acquisitions [53][136]

Invests resources to maintain and improve the sustainability of our operations Provides team members time to volunteer and make our own charitable donations to support organizations such as Habitat for Humanity GOVERNANCE Maintains a productive dialogue with shareholders 17 · For a reconciliation of GAAP to Non-GAAP financial measures, refer to the Appendix. 2020 . Acquisitions of higher-margin businesses Brand expansions Market share gains Marinas and higher- margin businesses ● (Amounts in thousands) (Una ...

MarineMax, Inc. (NYSE:HZO) Q3 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Scott Solomon - Sharon Merrill Associates Michael McLamb - EVP, CFO, Secretary & Director William McGill - CEO, President & Director Conference Call Participants James Hardiman - Citigroup Joseph Altobello - Raymond James & Associates Eric Wold - B. Riley Securities John Healy - Northcoast Research Partners Frederick Wightman - Wolfe Research Brandon Rollé - D.A. Davidson & Co. Operator Good morning, a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2023. Commission File Number. 1-14173 MARINEMAX, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification Number) Florida 59-3496957 2600 McCormick Drive, Suite 200 Clearwater, Florida 33759 (Address of P ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2023. Commission File Number. 1-14173 MARINEMAX, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification Number) Florida 59-3496957 2600 McCormick Drive, Suite 200 Clearwater, Florida 33759 (Address of ...

MARINEMAX DISCLAIMER Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. 2 - Brett McGill, CEO & President RINEMA opportunities MARINEMAX FISCAL YEAR 2022 AT A GLANCE $2.3B 5% $9.00 Adjusted Diluted EPS* 33% Increase Per Share Tangible Net Worth 44% Pre-Tax CAGR** MARINEMAX BRANDS- IN THE WORLD Our focus on customer service and building trust supported with Net Prom ...

MarineMax, Inc. (NYSE:HZO) Q2 2023 Earnings Conference Call April 27, 2023 10:00 AM ET Company Participants Scott Solomon - Sharon Merrill, IR Mike McLamb - Chief Financial Officer Brett McGill - President and CEO Conference Call Participants Joe Altobello - Raymond James Fred Wightman - Wolfe Research Drew Crum - Stifel Sean Wagner - Citigroup Eric Wold - B. Riley Securities John Healy - Northcoast Research Brandon Rollé - D.A. Davidson Joe Nolan - Longbow Research Operator Good morning. and welcome to the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2022. Commission File Number. 1-14173 MARINEMAX, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification Number) Florida 59-3496957 2600 McCormick Drive, Suite 200 Clearwater, Florida 33759 (Address ...

UNITED by WATER Information contained in this presentation, other than historical information, should be considered forward-looking and subject to various risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. Among the key factors that may have a direct bearing on the operating results, performance and financial condition of the C ...