Tuesday, April 5, 2016

MarineMax: Business Strength Can Drive Upside

Major industry upgrade cycle.
Middle-upper income & gas helping overall.
Comp store sales have been on fire with easier laps ahead.
MarineMax (NYSE:HZO) same store sales have been extremely strong and we are just about to go into their peak season.
They weathered economic volatility of last year with double digit same store sales. The December quarter lapped a 45% comp last year with an 8% this year. Comps get easier and were 'only' up 27% last year in the March quarter. If the 'two-year' comp trend can continue there is chance for a nice acceleration in a peak season for MarineMax. Thereafter comparisons continue to ease and were 'only' up 10% and 17% the rest of last year potentially leading to easier hurdles over last year's numbers.
Several Reasons For the Performance
*Most, if not all, major manufacturers have had exciting new products...

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#in, $hzo

Chaim Siegel has been working with hedge funds and mutual funds as an analyst and PM his entire career. Chaim specializes in earnings and predicts, analyzes and reacts to earnings and earnings events as well as developing current company stories with a hedge fund perspective. If you want his analysis real time sign up to the right for real time email alerts. Disclosure: These trades can lose you money and principle especially when using leverage BY USING THIS SITE YOU AGREE TO TAKE ALL RESPONSIBILITY FOR YOUR OUTCOMES AND LOSSES AND HOLD BESTIDEAS, ITS CONTRIBUTORS AND ELAZAR ADVISORS, LLC HARMLESS

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