CLEARWATER, Fla.--(BUSINESS WIRE)-- wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. MarineMax has over 100 locations worldwide, including 77 retail dealership locations, including 30 marinas or storage operations. ~Leading American Made Yacht Manufacturer~, ~Strategically Secures and Strengthens Its Product Portfolio~, ~Cruisers’ Recent Expansion Provides Additional Growth Capacity~, ~Acquisition Expected To Be Accretive in First Full Year~. Forward Looking Statement Financial Statements (Unaudited): Condensed Consolidated Statements of Operations for the Three Months Ended December 31, 2019 and 20 20 3 MarineMax, Inc. and Subsidiaries. MarineMax is proud to offer Aviara, the newest brand manufactured by MasterCraft Boat Holdings, Inc. Aviara creates an elevated open water experience by fusing progressive style and effortless comfort in each and every modern, luxury vessel. Condensed Consolidated Statements of Operations (Amounts in thousands, except share and per share data) (Unaudited) Three Months Ended March 31, Six Months Ended March 31, 2021 2020 2021 2020 Revenue $ 523,095 $ 308,475 $ 934,618 $ 612,647 Cost of sales 366,289 229,699 Form 10-K Marinemax Inc Annual report [Section 13 and 15(d), not S-K Item 405] SEC.report. 727-531-1700. With classes, events, Getaways!® to amazing places and more, you’re part of an entire family who is united by water. The MarketWatch News Department was not involved in the creation of this content. Condensed Consolidated Balance Sheets (Amounts in thousands) (Unaudited) March 31, 2021 March 31, 2020. Join us for our monthly Facebook Live Show where we ⦠The Company paid $63 million for Cruisers, including the recently acquired Pulaski, WI facility. To view pages properly, enable JavaScript in your browser. MarineMax is a New York Stock Exchange-listed company (NYSE:HZO). 0001564590-20-033873.txt : 20200728 0001564590-20-033873.hdr.sgml : 20200728 20200728160048 accession number: 0001564590-20-033873 conformed submission type: 10-q public document count: 73 conformed period of report: 20200630 filed as of date: 20200728 date as of change: 20200728 filer: company data: company conformed name: marinemax inc central index key: 0001057060 standard ⦠MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. Condensed Consolidated Balance Sheets (Amounts in thousands) (Unaudited) March 31, 2021. ~Record December Quarter Revenue Grows 35% to over $411 Million~ ~Same-Store Sales Growth Exceeds 20% Driven By 35% Comparable New Unit Growth~ ~Gross Margin Expands to a Record 30% in ⦠It sells new and used recreational boats, including pleasure boats, such as sport boats, sport cruisers, sport yachts, and yachts; fishing boats; convertible yachts; motor yachts; and ski boats. MarineMax, Inc. (NYSE: HZO), the worldâs largest recreational boat ⦠2600 McCormick Drive,
MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced the acquisition of KCS International, Inc., better known as Cruisers Yachts, headquartered in Oconto, Wisconsin. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. MarineMax also owns Fraser Yachts Group and Northrop & Johnson, leading superyacht brokerage and luxury yacht services companies with operations in multiple countries. The acquisition also aligns with our long-term strategy of expanding our gross margins by adding a higher margin business. MarineMax, Inc. (a Delaware corporation) was incorporated in January 1998 and is the largest boat retailer in the United States. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. The MarineMax Lifestyles Blog features hundreds of articles on tips, trends, gear, amazing boating locations and more. ASSETS. Employees at the parent company, MarineMax, earn $57,134 whereas employees at Bassett Yacht & Boat Sales earn $31,973, on average. Clearwater, FL 33759
Marinemax Mid-Atlantic is located in Brick, NJ, United States and is part of the Marinas Industry. We invite you to browse our Lifestyles Blog. Explore Lifestyles From the Helm with MarineMax. MarineMax is a New York Stock Exchange-listed company (NYSE:HZO). Prior to the acquisition, MarineMax’s financial capacity, consisting of cash and cash equivalents, along with available borrowings under its credit facilities, exceeded $400 million. MarineMax, Inc. and subsidiaries (MarineMax or the Company) engage primarily in the retail sale, brokerage and service of new and used boats, motors, trailers, marine parts and accessories. View source version on businesswire.com: ICR, LLC FINANCIAL INFORMATION 1. 2 - Subsidiaries List - Accession Number 0000950153-07-002587 - Filing - SEC SEC Info uses JavaScript! Brad Cohen or Dawn Francfort MarineMax, Inc. and Subsidiaries. Through Fraser Yachts and Northrop and Johnson, it is also the largest super-yacht services provider, operating locations across the globe. Forward Looking Statement The Company successfully navigated through the 2020 pandemic, producing revenue of over $75 million. [email protected], MarineMax Inc.
MarineMax, Inc. and Subsidiaries. MarineMax, Inc. operates as a recreational boat dealer in the United States. Headquartered in Clearwater, Florida, MarineMax is the nationâs largest recreational boat and yacht retailer. Chief Financial Officer MARINEMAX, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Operations (Amounts in thousands, except share and per share data) (Unaudited) Three Months Ended Nine Months Ended June 30, June 30, 2016 2017 2016 2017 Revenue $ 345,592 $ 329,809 $ 714,695 $ 801,702 Marinemax Inc has 45 total employees across all of its locations and generates $7.81 million in sales (USD). The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. There are 125 companies in the Marinemax Mid-Atlantic corporate family. These risks, assumptions and uncertainties include the Company’s abilities to reduce inventory, manage expenses and accomplish its goals and strategies, the quality of the new product offerings from the Company’s manufacturing partners, the impacts (direct and indirect) of COVID-19 on the Company’s business, the Company’s employees, the Company’s manufacturing partners, and the overall economy, general economic conditions, as well as those within our industry, the level of consumer spending, the Company’s ability to integrate acquisitions into existing operations, the continued recovery of the industry, and numerous other factors identified in the Company’s Form 10-K for the fiscal year ended September 30, 2020 and other filings with the Securities and Exchange Commission. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. Abbey Heimensen Suite 200
MarineMax is a New York Stock Exchange-listed company (NYSE:HZO). Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. After launching the distinguished design and innovation of the Cantius yacht series in 2011, Cruisers’ growth and market share accelerated. Cruisers Yachts (Cruisers) is recognized as one of the world’s premier manufacturers of premium yachts, producing models from 33’ to 60’ feet. MarineMax, Inc. Investors: Marinemax Inc is located in Seabrook, TX, United States and is part of the Boat Dealers Industry. We can continue to expand and grow with Cruisers’ model line-up in markets that are available. To view pages properly, enable JavaScript in your browser. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. MarineMax, Inc. and Subsidiaries. Marinemax Inc - â10-Kâ for 9/30/02 - EX-21 Annual Report - Seq. HZO MarineMax Inc Quarterly Report (10-q) Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. MarineMax General Information Description. MARINEMAX INC. Form 10-K (Filer) Published: 2020-12-02 16:57:37 Submitted: 2020-12-02 Filing Agent: ActiveDisclosure Period Ending In: 2020-09-30 Interactive XBRL Filing. MarineMax, Inc. is the largest recreational boat retailer in the United States, and the leading seller of Sea Ray, Boston Whaler, and other boats made by Brunswick Corporation, which makes up nearly 90 percent of the company's new boat sales and 75 percent of used boat sales, as well as brand names such as Hatteras and Supra ski boats. MARINEMAX, INC. AND SUBSIDIARIES Table of Contents Item No . https://www.businesswire.com/news/home/20210503005248/en/. There are 125 companies in the Marinemax Inc corporate family. Their industry knowledge and their recent expansion, combined with MarineMax’s resources, will enable Cruisers to accelerate its positioning in the market. The MarineMax team has a proven track record of great success in our industry. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. We are excited to have Mark Pedersen join our management team as he will continue to lead the operations of Cruisers’ more than 350 team members.”, Mark Pedersen, President of Cruisers Yachts stated, “We are very excited about becoming part of the MarineMax family and the great opportunities that lie ahead. Condensed Consolidated Statements of Operations (Amounts in thousands, except share and per share data) (Unaudited) Three Months Ended September 30, Fiscal Year Ended About MarineMax
With over 100 years of heritage, Cruisers has successfully navigated through various industry cycles and grown through innovation and product leadership. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British ⦠MarineMax, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Amounts in thousands) (Unaudited) March 31, 2021 March 31, 2020 ASSETS CURRENT ASSETS: Cash and cash equivalents $ 142,888 $ 64,406 Accounts receivable, net 54,489 35,814 Inventories, net 302,979 506,887 The Company will provide additional details on the acquisition when it reports its June 2021 results. Cruisers, due to demand, recently announced the expansion of their production capacity by purchasing a 216,000 square foot, purpose-built boat manufacturing plant in Pulaski, WI. MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. Such forward-looking statements include the belief that Cruisers will accelerate its improvement in market position, the acquisition being accretive, the Company’s long-term strategy to grow its cycle resilient higher margin businesses, the Company’s continued growth. Over the years we have recognized that certain customers prefer to only buy an American built yacht, and our brand compliments MarineMax’s other offerings. MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. Combined, MarineMax accounts for nearly half of Cruisers’ revenue on an annual basis. W. Brett McGill, Chief Executive Officer and President of MarineMax stated, "The strategic acquisition of Cruisers Yachts benefits our customers by filling a meaningful void in our product portfolio which was created in 2018 by the loss of Sea Ray sport yacht and yacht models. For more information, please visit www.marinemax.com. 2 - Subsidiaries List - Accession Number 0000950153-02-002140 - Filing - SEC SEC Info uses JavaScript! Cruisers has a seasoned, passionate and successful team. Page PART I. Media: Such expansion allows Cruisers to more than double its capacity over time. Marinemax Mid-Atlantic has 210 total employees across all of its locations and generates $10.73 million in sales (USD). MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British ⦠MarineMax Reports Record Fiscal 2021 First Quarter Results. [email protected]. MarineMax gives you more ways to enjoy your boat to the fullest. MARINEMAX, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Restated) 1. (4) Wholly owned subsidiary of FWW UK Limited. MarineMax’s acquisition of Cruisers Yachts ensures it will always have a premium, American built yacht in its product portfolio. With our loyal Cruisers owners and a strong dealer network, we will all greatly benefit from being a part of MarineMax.”. Cruisers has an accomplished dealer network, including SkipperBud’s and Silver Seas Yachts, which were acquired by MarineMax in October 2020, plus five recently added MarineMax locations. For more information, please visit www.marinemax.com . ASSETS. MarineMax is a New York Stock Exchange-listed company (NYSE:HZO). The Company expects the acquisition to be accretive in its first full twelve-month period. (5) Wholly owned subsidiary of Fraser Yachts Florida, Inc. (6) Wholly owned subsidiary of TCN Antibes S.A.R.L. March 31, 2020. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British ⦠COMPANY BACKGROUND AND BASIS OF PRESENTATION: We were incorporated in Delaware in January 1998, and are the largest recreational boat retailer in the United States. Focused on premium brands, such as Sea Ray, Boston Whaler, Hatteras, Azimut Yachts, Benetti, Ocean Alexander, Galeon, Grady-White, Harris, Bennington, Crest, MasterCraft, MJM Yachts, NauticStar, Scout, Sailfish, Scarab Jet Boats, Tige, Yamaha Jet Boats, Aquila, Aviara, and Nautique. These statements are based on current expectations, forecasts, risks, uncertainties and assumptions that may cause actual results to differ materially from expectations as of the date of this release. Wholly owned subsidiary of MarineMax East, Inc. (3) Wholly owned subsidiary of FWW, LLC. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. Excel Financial Report About Form 10-K. CURRENT ASSETS: Cash and cash equivalents $ 142,888 $ 64,406 Accounts receivable, net 54,489 35,814 Inventories, net kE!9pT[ÚJø¿°B%À{κÜ1{bc¯)Ëf¯ßÕó*ó ;:øVwÑF¦ªU/O?ðÃÝ$_ðoú»PG,§¢÷:{&tEûþSk~l¥¦üD W¤¥suuÒîê»*~Òpäbü®Oº+~eÔÊG «ÿb ¢Õb,«9Õ¯@G¹BxVÅB?¼ñζ¶9Ba:=ñ¨Ù½hFZáHCÞX$qB¬a?3âq-"´ä´¼jè@yÛ¥®}zdW\}ÕÀóg«¦}Ò
°ìã¿IB,&. https://www.businesswire.com/news/home/20210503005248/en/, Michael H. McLamb MarineMax Subsidiaries Subsidiaries to MarineMax include Bassett Yacht & Boat Sales. Marinemax Inc - â10-Kâ for 9/30/07 - EX-21 Annual Report - Seq. (7)
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