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MarineMax Loses $3.5 Million For Quarter
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Published: May 2, 2008
Recreational boat retailer MarineMax said Thursday that it posted a loss of $3.51 million, or 19 cents a share, for the fiscal second quarter that ended March 31, from net income of $3.3 million in the year-earlier quarter.
Sales fell 28 percent to $233 million.
The Clearwater-based company said continued deterioration in the marine retail environment, affected by widely publicized pressures in the housing and credit markets, hurt results.
Dow Jones Newswires
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