Education
About Us
Working with TipRanks
Follow Us
Marinemax (HZO)
NYSE:HZO
Earnings Data
Report Date
Apr 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.03Last Year’s EPS
0.23Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call communicated a balanced but cautious tone. Positive operational actions and financial stability were highlighted — including nearly 11% same-store sales growth, a $505M revenue quarter, nearly $170M inventory reduction, ~$165M cash, a $15.5M adjusted EBITDA quarter and reaffirmed full-year guidance ($110M–$125M adjusted EBITDA). At the same time, significant margin pressure (gross margins >400 bps below normal), a reported net loss of $0.36 per share, unit volume declines, and an industry inventory overhang present clear near-term headwinds. Management expressed cautious optimism based on early boat show momentum and expects inventory/margin normalization in the back half of the year, but near-term uncertainty remains.Company Guidance
Revenue and Same-Store Sales Strength
Revenue of $505.0 million for the quarter with same-store sales up nearly 11% year-over-year, driven by strong same-store performance and migration to larger, premium products (significant increase in average unit selling price despite a decline in unit volume).
Inventory Reduction and Liquidity Improvements
Reduced inventory by nearly $170 million year-over-year (December comparison); ended the quarter with approximately $165 million in cash, improved current ratio and total liabilities to tangible net worth, and a net debt to adjusted EBITDA ratio of just over 2.0x.
Reaffirmed Fiscal 2026 Financial Guidance
Reaffirmed fiscal 2026 guidance: adjusted EBITDA of $110 million to $125 million and adjusted net income of $0.40 to $0.95 per diluted share (assumes ~22.8 million shares outstanding and a 26.5% effective tax rate).
Quarterly Adjusted Profitability Metrics
Adjusted EBITDA for the quarter was $15.5 million; adjusted net loss per share was $0.21 (reported net loss per share $0.36), reflecting management’s focus on adjusted operating metrics.
SG&A and Interest Expense Progress
Total SG&A was just over $155 million; after adjustments (transaction costs, contingent consideration, weather and other items) SG&A was only $1.7 million higher year-over-year and down ~200 basis points as a percentage of revenue. Interest expense declined due to lower borrowings and lower rates and is expected to be a tailwind in fiscal 2026.
Diversification and Strategic Investments
Higher-margin businesses (marinas, finance & insurance, superyacht services, service and brokerage) contributed favorably to consolidated gross profit. Company repurchased ~6% of its shares, acquired Shelter Bay Marina & Retail (Keys), opened IGY Savannah, expanded Stewart Marina and enhanced Fort Myers operations.
Early Demand Signals and Stability in Customer Deposits
Positive early-season momentum across boat shows (including Fort Lauderdale and multiple regional winter shows) and January finished with positive same-store sales. Customer deposits held flat year-over-year, an encouraging sign of underlying demand resilience.
HZO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HZO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 28, 2026 | $27.56 | $26.86 | -2.54% |
Nov 13, 2025 | $23.48 | $22.56 | -3.92% |
Jun 30, 2025 | $26.12 | $25.14 | -3.75% |
Apr 24, 2025 | $19.32 | $22.67 | +17.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Marinemax (HZO) report earnings?
Marinemax (HZO) is schdueled to report earning on Apr 23, 2026, Before Open (Confirmed).
What is Marinemax (HZO) earnings time?
Marinemax (HZO) earnings time is at Apr 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HZO EPS forecast?
HZO EPS forecast for the fiscal quarter 2026 (Q2) is 0.03.
