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Marine sector's recovery swimming to top; Turnabout: Priorities shift after Sept. 11 terrorist attacks. (The Second Front).(MarineMax Inc., Wellcraft Marine Corp.)(Brief Article)
CLEARWATER -- As MarineMax Inc. entered its fourth quarter of 2001, the recreational boating giant looked at some gains.
Then came Sept. 11.
When the publicly held corporation ended its fiscal year Sept. 30, it reported revenue of $504 million compared with $550. million for the prior fiscal year.
Same stores growth fell to 8.5 percent, the lowest since MarineMax was formed in 1998.
"We've never dropped below 11 percent same store sales before," said Bill McGill, chairman and chief executive officer of the Clearwater-based corporation. "This is the worst that's happened to me in 29 years in this business. Our industry as a whole is down 20 …
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