MarineMax Expects FY24 Revenue To Be Modestly Lower Than Anticipated Due To Impact From Hurricane Helene
Portfolio Pulse from Benzinga Newsdesk
MarineMax anticipates its FY24 revenue to be slightly lower than expected due to the effects of Hurricane Helene. The company also expects to be at or near the low end of its Adjusted EBITDA guidance range for the fiscal year ending September 30, 2024.
October 03, 2024 | 8:18 pm
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MarineMax expects FY24 revenue to be modestly lower than anticipated due to Hurricane Helene, and projects to be at or near the low end of its Adjusted EBITDA guidance range.
The announcement of lower than anticipated revenue and EBITDA guidance due to Hurricane Helene is likely to negatively impact MarineMax's stock price in the short term. Investors may react to the potential financial impact of the hurricane on the company's operations.
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