<span item_type="fundamental" item_id="e1b14831f6d7c78e69578334003d120b" counter_id="ST/US/HZO" env="prod"></span><span item_type="announcement" item_id="610216158607507969" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 505.18 M, beating the estimate of USD 482.63 M.</p><p>EPS: As of FY2026 Q1, the actual value is USD -0.36, missing the estimate of USD -0.12.</p><p>EBIT: As of FY2026 Q1, the actual value is USD 20.78 M.</p><p></p><h4>Segment Revenue (Three Months Ended December 31)</h4><ul><li><strong>2025:</strong><ul><li>Retail Operations revenue was $504,413 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Product Manufacturing revenue was $21,622 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Elimination of intersegment revenue was - $20,857 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul></li><li><strong>2024:</strong><ul><li>Retail Operations revenue was $468,349 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Product Manufacturing revenue was $37,938 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Elimination of intersegment revenue was - $37,826 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul></li></ul><h4>Gross Profit</h4><ul><li>Gross profit was $160.5 million in the fiscal 2026 first quarter, compared to $169.7 million in the prior-year period. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Gross profit margin was 31.8% in the fiscal 2026 first quarter, down from 36.2% in the prior-year period. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul><h4>Selling, General, and Administrative (SG&amp;A) Expenses</h4><ul><li>SG&amp;A expenses totaled $155.6 million, or 30.8% of revenue, in the fiscal 2026 first quarter, compared to $130.7 million, or 27.9% of revenue, in the prior-year period. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Adjusted SG&amp;A increased by $1.6 million, or 1.1%, to $151.0 million in the fiscal 2026 first quarter from $149.4 million in the prior-year period. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul><h4>Income from Operations</h4><ul><li>Income from operations was $4,920 thousand in the fiscal 2026 first quarter, a decrease from $38,972 thousand in the prior-year period. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul><h4>Segment Income (Loss) from Operations (Three Months Ended December 31)</h4><ul><li><strong>2025:</strong><ul><li>Retail Operations income from operations was $7,165 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Product Manufacturing loss from operations was - $6,125 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Intersegment adjustments were $3,880 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul></li><li><strong>2024:</strong><ul><li>Retail Operations income from operations was $41,250 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Product Manufacturing income from operations was $223 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Intersegment adjustments were - $2,501 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul></li></ul><h4>Interest Expense</h4><ul><li>Interest expense was $15.9 million, or 3.1% of revenue, in the fiscal 2026 first quarter, a decrease from $18.7 million, or 4.0% of revenue, in the prior-year period. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul><h4>Net Loss / Income</h4><ul><li>Net loss for the fiscal 2026 first quarter was - $7.9 million, compared to net income of $18.1 million in the prior-year period. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Adjusted net loss was - $4.6 million in the fiscal 2026 first quarter, compared to adjusted net income of $4.1 million in the prior-year period. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul><h4>Adjusted EBITDA</h4><ul><li>Adjusted EBITDA totaled $15.5 million in the fiscal 2026 first quarter, down from $26.1 million in the prior-year period. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul><h4>Inventories</h4><ul><li>Inventories at quarter end (December 31, 2025) decreased by $167.3 million from the prior year, to $867,896 thousand from $1,035,183 thousand. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul><h4>Customer Deposits</h4><ul><li>Customer deposits (contract liabilities) remained steady year-over-year, at $52,643 thousand on December 31, 2025, compared to $52,504 thousand on December 31, 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul><h4>Outlook / Guidance</h4><ul><li>海上麦斯服务 (MarineMax, Inc.) reaffirms its fiscal 2026 Adjusted EBITDA guidance to be in the range of $110 million to $125 million. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>Adjusted net income guidance is expected to be in the range of $0.40 to $0.95 per diluted share. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li><li>The company anticipates a gradual improvement in activity as it moves into the spring selling season, with encouraging early indications from retail boat shows. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1057060/000119312526028226/hzo-ex99_1.htm"></span></li></ul>

Marinemax | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 505.18 M