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Leisure Marine

MarineMax reports record financial results

Recreational boat and yacht retailer, MarineMax has announced record results for its second quarter, increasing its revenue by 17 per cent. This growth, an increase from US$523.1 million to to US$610.1 million, was due to recent acquisitions and a ‘strong demand for boating’. Same-store sales grew 7 per cent plus a 45 per cent increase […]

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Leisure Marine

MarineMax invests in online marine retailer

Recreational boat retailer MarineMax has invested in Boatzon, a 100 percent online boat and marine retailer.   Heralded as the first of its kind in the boating industry, Boatzon provides a platform for consumers to browse, finance, insure, purchase, and arrange delivery of boats and marine products entirely online.   “We are excited to invest […]

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Leisure Marine

MarineMax reports record first quarter results

MarineMax’s revenue increased 15 per cent to a record US$472.7 million for its first quarter ending 31 December 2021, up from US$411.5 million in the same period last year. The Florida-based company is the world’s largest boat dealer. MarineMax says revenue growth was due to contributions from recent acquisitions and strong same-store sales growth of […]

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Leisure Marine

MarineMax appoints Abbey Heimensen as marketing vice president

MarineMax has appointed Abbey Heimensen to the role of vice president of marketing, overseeing a team that delivers marketing support for MarineMax’s national retail network of over 77 stores and business units.  Shawn Berg, MarineMax chief digital officer, comments: “Abbey’s passion, commitment, and dedication to MarineMax and our customers has been key to the growth of our company […]

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Leisure Marine

MarineMax partners with Saxdor Yachts

MarineMax has announced the addition of Saxdor Yachts to the range of brands it represents. “We are excited for such a great opportunity to introduce an innovative and upcoming brand in the world’s biggest boating markets,” says Chuck Cashman, MarineMax chief revenue officer and executive vice president. “This strategic partnership will allow us to offer […]

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Leisure Marine

MarineMax completes acquisition of Intrepid Powerboats

MarineMax has completed the acquisition of Intrepid Powerboats (Intrepid), a premier manufacturer of powerboats. MarineMax entered into a definitive agreement to acquire powerboat manufacturer Intrepid Powerboats in October 2021. Based in Largo, Florida, Intrepid follows a direct-to-consumer distribution model and produced revenue in excess of $60 million in the last twelve months. W. Brett McGill, […]

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Leisure Marine

MarineMax posts full year results

MarineMax, the world’s largest boat dealer, has reported record results for its fourth quarter and full year ended 30 September 2021. The dealer has reported a 16 per cent revenue gain for its fourth quarter, ending 30 September 2021 and record fiscal 2021 revenue surpassing $2 billion. The Florida-based company confirmed revenue grew 16 per cent to a […]

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Leisure Marine

MarineMax acquires powerboat manufacturer

MarineMax has entered into a definitive agreement to acquire powerboat manufacturer Intrepid Powerboats and expects the acquisition to close before 31 December 2021, and to be accretive in its first full twelve-month period. Based in Largo, Florida, Intrepid follows a direct-to-consumer distribution model and produced revenue in excess of $60 million in the last twelve […]

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Leisure Marine

MarineMax elects new board member

Headquartered in Clearwater, Florida, recreational boat and yacht retailer MarineMax has elected Adam M. Johnson to its board of directors. MarineMax sells new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services.  Johnson has served as the chairman and chief executive officer of NetJets, […]