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Posted by
Two Blokes Apr 27 -
Filed in
Stock
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MarineMax reported resilient Q2 results, where sales surged in spite of a weak consumer environment. The company's cost savings caused earnings to also remain good. After Q2, the industry outlook has become worse. The consumer sentiment has declined further in April, causing slow sales. MarineMax cut its FY2025 guidance due to April weakness. MarineMax has significant debt. I still believe that the company should navigate the balance sheet well due to several factors.
