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MarineMax Records Same-store Sales Growth Of 37% In Q3 - Quick Facts

MarineMax, Inc. (HZO) reported that its third quarter earnings per share increased over 88% to $1.58, from $0.84, last year. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.72, for the quarter. Analysts' estimates typically exclude special items.

Third quarter revenue grew approximately 30% to $498.3 million, from $383.5 million, previous year. The company said the increase was driven by same-store sales growth of 37%, for the quarter. Analysts expected revenue of $412.56 million for the quarter.

At June 30, 2020, the company's liquidity exceeded $180 million consisting of cash and cash equivalents along with availability under its credit facility, before considering sizable unleveraged real estate portfolio.

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