MarineMax Continues Technology Investments
12 Abril 2022 - 9:00AM
Business Wire
~Completes Investment in Boatzon~
~Innovative Technology Driving New Customer
Engagements~
~Leverages Capabilities for Strategic High
Margin Growth~
MarineMax, Inc. (NYSE: HZO), the world’s largest recreational
boat and yacht retailer, announced today that it has invested in
Boatzon. Boatzon, is the first 100 percent online boat and marine
retailer providing secure direct marketplace services.
Boatzon provides marine enthusiasts easy access to boats,
engines, trailers, marine products and more. Consumers can browse,
finance, insure, purchase and arrange delivery of boats and marine
products entirely online. The first of its kind in the boating
industry, the Boatzon marketplace offers buyers a new and
innovative purchase experience while providing dealers with digital
tools to expand offerings to their customers.
W. Brett McGill, Chief Executive Officer and President of
MarineMax, stated, “We are excited to invest in Boatzon. The
partnership aligns well with our higher margin business growth and
diversification goals. It enhances our industry leading innovative
technologies and digital tools. Boatzon advances the industry and
complements our customer focused efforts to provide great
experiences so boaters can enjoy time with family and friends on
the water. We are pleased to welcome Bryan Lenett, Michael Muchnick
and the entire Boatzon team as we lead the industry with the best
products and services.”
Bryan Lenett, Boatzon’s CEO, commented, “Being avid boaters, as
well as technology entrepreneurs, we realized that the marine
industry lacked the online customer experiences many industries
offer and consumers have come to expect. When we set out to develop
Boatzon, we wanted to incorporate best in class technology for the
marine industry to provide an experience that offers a dramatically
different end-to-end customer experience. We could not think of a
better partnership than with MarineMax, a pioneer in the industry,
who continues to push the boundaries of the consumer
experience.”
About MarineMax MarineMax is the world’s largest
recreational boat and yacht retailer, selling new and used
recreational boats, yachts and related marine products and
services, as well as providing yacht brokerage and charter
services. MarineMax has over 100 locations worldwide, including 79
retail dealership locations, which includes 31 marinas or storage
operations. Through Fraser Yachts and Northrop and Johnson, the
Company also is the largest superyacht services provider, operating
locations across the globe. Cruisers Yachts, a MarineMax company,
manufactures boats and yachts with sales through our select retail
dealership locations and through independent dealers. Intrepid
Powerboats, a MarineMax company, manufactures powerboats and sells
through a direct-to-consumer model. MarineMax provides finance and
insurance services through wholly owned subsidiaries and operates
MarineMax Vacations in Tortola, British Virgin Islands. The Company
also operates Boatyard, a pioneering digital platform that enhances
the boating experience. MarineMax is a New York Stock
Exchange-listed company (NYSE: HZO). For more information, please
visit www.marinemax.com.
Forward Looking Statement
Certain statements in this press release are forward-looking as
defined in the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements include the Boatzon investment
being complementary to the Company's efforts to set itself apart
from the industry and the Company's goal to extend its lead in the
industry with the best products and services. These statements are
based on current expectations, forecasts, risks, uncertainties and
assumptions that may cause actual results to differ materially from
expectations as of the date of this release. These risks,
assumptions and uncertainties include the Company’s abilities to
reduce inventory, manage expenses and accomplish its goals and
strategies, the quality of the new product offerings from the
Company’s manufacturing partners, the impacts (direct and indirect)
of COVID-19 on the Company’s business, the Company’s employees, the
Company’s manufacturing partners, and the overall economy, general
economic conditions, as well as those within our industry, the
level of consumer spending, the Company’s ability to integrate
acquisitions into existing operations, and numerous other factors
identified in the Company’s Form 10-K for the fiscal year ended
September 30, 2021 and other filings with the Securities and
Exchange Commission. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220412005115/en/
Michael H. McLamb Chief Financial Officer 727-531-1700
Media: Abbey Heimensen MarineMax, Inc.
Investors: Brad Cohen or Dawn Francfort ICR, LLC
investorrelations@marinemax.com
MarineMax (NYSE:HZO)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
MarineMax (NYSE:HZO)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024