- December 18, 2025
Loading
CLEARWATER -- Boat retailer MarineMax Inc. (symbol: HZO) posted a $5.7 million net loss in the fourth quarter of its 2011 fiscal year.
Over the year, revenues are down 4%, to $119.8 million; operating losses are up 267% to $4.8 million; and interest costs are up 38%, to $970,000.
About his company's fourth quarter performance, CEO William McGill says, “Our industry's challenges persisted with a significant drop in consumer confidence brought about by increasing softness in the economy, the national debt debate, and, to a much lesser degree, Hurricane Irene.”