MarineMax shares are trading lower after the company announced that certain west coast of Florida locations experienced significant damage and disruption due to Hurricane Helene. Consequently, the company expects FY24 revenue to be modestly lower.
Portfolio Pulse from Benzinga Newsdesk
MarineMax shares are down following the announcement of significant damage and disruption at certain Florida locations due to Hurricane Helene, leading to an expected decrease in FY24 revenue.
October 03, 2024 | 8:22 pm
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NEGATIVE IMPACT
MarineMax shares are trading lower after announcing damage and disruption at Florida locations due to Hurricane Helene, leading to an expected decrease in FY24 revenue.
The announcement of significant damage and disruption at key locations due to Hurricane Helene directly impacts MarineMax's operations and financial outlook, leading to a negative market reaction and a decrease in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100