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The filed complaint alleges that MarineMax, Inc. made materially false and/or misleading statements and/or failed to disclose that: MarineMax issued a press release on July 24, 2025, reporting its financial results for the third quarter of 2025. Among other items, MarineMax cut its profit guidance by half at the midpoint to $0.45 to $0.95 per share, compared to prior guidance of $1.40 to $2.40 per share. MarineMax's Chief Executive Officer stated that "[a] combination of ongoing economic uncertainty, evolving trade policies and geopolitical tensions contributed to weak retail demand across the recreational marine industry in the June quarter," adding that the challenging business conditions is leading consumers to delay purchases until conditions improve. Following this news, MarineMax's stock price fell over 16% on July 24, 2025.
In order to be eligible to join the HZO class action lawsuit, you must have incurred a loss on shares of MarineMax, Inc. purchased during the class period listed above.
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