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This Marine Biz Hit a Record Gross Margin Last Quarter. Is the Stock a Buy?

Micah Angel, The Motley Fool
·4-min read
This Marine Biz Hit a Record Gross Margin Last Quarter. Is the Stock a Buy?

MarineMax (NYSE: HZO) released earnings late last month, delivering a record gross margin and substantial top-line results for its fiscal second quarter (ended March 31). Let's scrutinize MarineMax's Q2 performance and future outlook to determine whether it's time to buy the dip on this consumer discretionary stock. Declaring itself "the world's largest lifestyle retailer of recreational boats and yachts, as well as yacht concierge and superyacht services," MarineMax serves many segments of the boating industry.

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