CLEARWATER, Fla.--(BUSINESS WIRE)--
MarineMax, Inc. (NYSE:HZO), the nation’s largest recreational boat and
yacht retailer, today provided a preliminary update on the impact of
Hurricane Irma.
First and foremost, all of the Company’s team members and their families
are safe. The Company has started efforts to assess the impact of the
damage that occurred as a result of Hurricane Irma, which hit two of the
Company’s largest markets, Florida and the Southeast, United States.
Preliminary indications are that due to the MarineMax team’s training,
past experiences and proactive efforts to prepare for the storm,
buildings and inventory did not incur major damage. Unfortunately,
MarineMax Vacations, the Company’s charter operation in the British
Virgin Islands, sustained significant damage based on initial
assessments.
William H. McGill, Jr., Chairman, President, and Chief Executive
Officer, stated, “MarineMax’s top priority has been ensuring that our
team members and families are safe. Our thoughts and concerns are with
those affected by the storm and we remain committed to engaging with our
customers and the communities that require much needed assistance. Our
team and the boating public are resilient and both will come back
stronger through the recovery process. Many of our team members are at
our stores today, beginning the clean-up process and assisting our
customers with their post-storm needs.”
MarineMax will provide additional information in the event of a material
change in this situation or once the physical and financial damages have
been fully assessed, as appropriate.
About MarineMax
Headquartered in Clearwater, Florida, MarineMax is the nation’s largest
recreational boat and yacht retailer. Focused on premium brands, such as
Sea Ray, Boston Whaler, Meridian, Hatteras, Azimut Yachts, Ocean
Alexander, Galeon, Grady-White, Harris, Bennington, Crest, Scout,
Sailfish, Sea Pro, Sportsman, Scarab Jet Boats, Yamaha Jet Boats,
Aquila, and Nautique, MarineMax sells new and used recreational boats
and related marine products and services as well as provides yacht
brokerage and charter services. MarineMax currently has 62 retail
locations in Alabama, California, Connecticut, Florida, Georgia,
Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York,
North Carolina, Ohio, Oklahoma, Rhode Island, South Carolina and Texas
and operates MarineMax Vacations in Tortola, British Virgin Islands.
MarineMax is a New York Stock Exchange-listed company. For more
information, please visit www.marinemax.com.
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Source: MarineMax, Inc.