MarineMax see-saws after boat retailer forecasts annual profit below estimates

Shares of recreational boat retailer MarineMax's see-saw in volatile early trading

Co forecasts fiscal 2026 adjusted profit in the range of 40 cents to 95 cents per share, below analysts average estimates of $1.89 per share, according to data compiled by LSEG

Posts Q4 adjusted net loss of 4 cents per share vs analyst estimates of loss of 13 cents per share

Reports quarterly revenue of $552.2 million, compared with $563.1 million a year earlier

"New boat sales and pricing remained under pressure in the fourth quarter due to the soft retail environment industry wide" says CEO Brett McGill

Up to last close, HZO down nearly 19% YTD