Nov 4, 8:30 AM ET
MarineMax reported fiscal fourth-quarter revenue of $520.1 million, down from $552.2 million a year earlier, with a GAAP net loss of $13.0 million, or $0.59 per share, versus a $0.9 million loss a year earlier. Gross margin rose to 37.4%, but higher acquisition-related costs pushed SG&A up, and the company will not hold a call or give fiscal 2027 guidance because of its pending sale to Safe Harbor for $53.00 per share in cash.
- Q4 revenue was $520.1 million versus $552.2 million, with lower boat sales partly offset by marinas and parts and service.
- Q4 net loss attributable to MarineMax was $13.0 million, or $0.59 per share; adjusted net loss was $1.8 million, or $0.08 per share.
- Full-year revenue was $2.2 billion; full-year adjusted diluted earnings per share were $0.58, versus $0.42 in fiscal 2025.
- Safe Harbor will acquire MarineMax for $53.00 per share in cash, an enterprise value of about $1.5 billion, expected to close by the end of calendar 2026.
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Nov 3, 4:05 PM ET
MarineMax said that, as of October 31, 2026, all regulatory approvals and clearances needed for its previously announced merger with affiliates of Safe Harbor Marinas have been obtained and waiting periods have expired or ended. Completion still depends on shareholder approval at a November 11, 2026 special meeting and other closing conditions, and the company expects the deal to close by the end of 2026, which matters because shareholders will receive the deal terms only if the merger closes.
- All required regulatory approvals obtained and waiting periods expired or terminated, as of October 31, 2026
- Shareholder vote on the Merger Agreement scheduled for November 11, 2026
- Closing expected by end of calendar 2026 and may not occur before December 7, 2026 without Parent's written consent
- Parent and Merger Sub are affiliates of Safe Harbor Marinas, LLC, a portfolio company of Blackstone Infrastructure Partners L.P.
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Aug 10, 8:00 AM ET
MarineMax entered a merger agreement on August 9, 2026, under which Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, will acquire the company in an all-cash deal valued at an enterprise value of approximately $1.5 billion. Shareholders would receive $53.00 per share, a premium of 96% to the $27.03 closing price on January 30, 2026, the last trading day before an unsolicited proposal was disclosed, and the deal is subject to shareholder and regulatory approvals.
- Merger consideration of $53.00 per share in cash, without interest
- Enterprise value of approximately $1.5 billion; premium of 96% to the January 30, 2026 closing price of $27.03
- Expected to close by the end of calendar year 2026, subject to shareholder approval and regulatory approvals; no financing condition
- If completed, MarineMax would become privately held and its common stock would no longer be listed on the New York Stock Exchange
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Jul 23, 8:00 AM ET
MarineMax reported fiscal third-quarter 2026 results, with revenue down 7.0% to $611.3 million on a 7% decline in same-store sales. Net income was $15.4 million, or $0.66 per diluted share, compared with a net loss of $52.1 million a year earlier, which included a $69.1 million goodwill impairment; gross margin rose 530 basis points to 35.7%, helped by about 110 basis points from a tariff refund. The company reaffirmed its fiscal 2026 guidance of Adjusted EBITDA of $110 million to $125 million and adjusted net income of $0.40 to $0.95 per diluted share.
- Revenue fell 7.0% to $611.3 million from $657.2 million; same-store sales declined 7%.
- Gross margin rose 530 basis points to 35.7%; gross profit increased 9.2% to $218.1 million.
- Net income was $15.4 million, or $0.66 per diluted share, versus a net loss of $52.1 million, or $2.42 per share, a year earlier; adjusted diluted EPS was $0.81.
- Fiscal 2026 guidance reaffirmed: Adjusted EBITDA of $110 million to $125 million.
Read the filing on SEC.gov ↗
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