On the stock market since 1998, it operates in the world of consumer spending. It has 3,385 employees. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.
Executives buying with their own money is usually read as confidence in the company’s future.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
Clearly above the class average — a step short of the very top.
Clearly below the class average.
Clearly above the class average — a step short of the very top.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
Growth: Sales growth trails the sector average.
The stock trades 44% below its peak. The market has trimmed its expectations for the company.
Over the last 12 months, company executives reported 64 buys and 48 sells. Management buying with its own money is usually read as a good sign.
A loss of $31.6M against $2.3B in annual sales. And on top of that, sales fell from the year before.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 19/100.
The growth engine is running at low revs right now. Report-card grade: 40/100.
On our five-subject report card, HZO sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: HZO has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.