HZO: Gross margin surged to 35.7% as higher-margin businesses offset weak boat sales
Gross margin rose 530 basis points to 35.7% on strong performance from higher-margin businesses, offsetting a 7% same-store sales decline and industry-wide softness. Adjusted EBITDA grew 44% to $51 million, and guidance for fiscal 2026 was reaffirmed despite a cautious industry outlook.Based on Mar…