OneWater Marine

OneWater Marine, Inc. is a holding company, which engages in the marine retailers in the United States. It operates through the Dealerships and Distribution segments. The Dealerships segment is involved in the repair and maintenance services of engines and other marine related parts and equipment. The Distribution segment focuses on the sale of marine related parts and accessories along with appearance and maintenance products for the marine and other ancillary markets. The company was founded by Philip Austin Singleton, Jr. on April 3, 2019 and is headquartered in Buford, GA.

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Earnings data Q3 2024

Earnings data Q4 2024

OneWater Marine reports record revenue, navigates challenges with strategic focus

OneWater Marine's Q1 2023 performance reflects a shift in business model towards service parts and other businesses, despite facing challenges from macro-economic uncertainty and the impact of Hurricane Ian.
The company's strategic focus on acquisitions, debt reduction, and share repurchases, along with observing positive sales trends, positions them well for future growth and financial stability.
Opportunities lie in capitalizing on the return to seasonality, building popular boat types, and catering to value customers seeking immediate gratification, while navigating challenges in operating income and adjusted EBITDA.
Overall, OneWater Marine's Q1 2023 earnings call highlights a resilient approach to market dynamics and a strategic roadmap for sustainable growth and profitability.

OneWater Marine reports strong revenue growth amidst profitability challenges

OneWater Marine's Q2 2023 performance showcased revenue growth, though challenges in profitability were evident, emphasizing the need for cost optimization.
Strengths in same-store sales, inventory management, and customer focus position the company well for growth opportunities and navigating supply chain disruptions.
Challenges include managing operating expenses and supply chain disruptions, while opportunities exist in financial performance improvement and market expansion.
Overall, the company's strategic focus on growth, profitability, and resilience sets the stage for navigating uncertainties and driving sustainable success.

OneWater Marine maintains sales resilience amidst industry challenges

OneWater Marine navigated a challenging sales environment, maintaining flat same-store sales and demonstrating resilience. Despite facing margin pressures and higher interest expenses, the company highlighted solid revenue growth in key segments. Executives remain confident in their strategic approach and free cash flow generation, while addressing concerns about potential retail slowdown and adjusting expenses.

OneWater Marine reports record revenue in 2023 amidst challenges

OneWater Marine's fiscal 2023 performance showcased record revenue and stable margins despite industry challenges.
The company faces financial challenges with operating and net losses in Q4, necessitating strategic adjustments for profitability.
Opportunities lie in M&A growth prospects, selective acquisitions, and conservative capital allocation strategies for future expansion.
Overall, OneWater Marine's strong performance in boat sales and service demand position it well for market opportunities and growth.

OneWater Marine reports resilient sales growth amidst financial challenges

OneWater Marine's Q1 2024 performance showed resilience in sales growth and effective inventory management.
While facing financial challenges and operational uncertainties, the company maintains a focus on shareholder value.
Strategic opportunities lie in addressing cash flow issues, optimizing promotions, and managing manufacturer relationships.
Overall, the company's agility and strategic focus position it well for navigating market dynamics and enhancing profitability.

OneWater Marine reports resilient Q2 performance amidst market challenges

OneWater Marine's Q2 2024 showed resilience in challenging market conditions.
While facing margin pressure and profitability challenges, the company maintained stability.
Strategic acquisitions and effective inventory management position the company for future growth.
Opportunities exist to enhance revenue through improved new boat sales performance.

OneWater Marine reports Q3 results below expectations, focuses on efficiency

OneWater Marine faced challenges in Q3 2024 due to industry-wide sales decline and adverse weather, leading to lower-than-expected results.
Despite this, the company demonstrated resilience through proactive inventory management and cost optimization, focusing on operational efficiency and financial discipline.
Lowered full-year outlook for adjusted EBITDA reflects market conditions, but OneWater Marine remains committed to prudent expense and inventory management for future growth.
Opportunities exist for the company to leverage its strategies and adapt to market conditions, positioning it for sustainable growth and long-term value creation.

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OneWater Marine, Inc. is a holding company, which engages in the retail of marine in the United States. It operates through the Dealerships and Distribution segments. The Dealerships segment involves the sale of new and pre-owned boats, arranges financing and insurance products, performs repairs and maintenance services, offers marine related parts, accessories and slips, and storage accommodations. The Distribution segment focuses on the manufacturing, assembly, and distribution of primarily marine-related products. The company was founded by Philip Austin Singleton, Jr. on April 3, 2019 and is headquartered in Buford, GA.

Although U.S. stocks closed mixed on Tuesday, there were a few notable insider trades.

Executives Buying OneWater Marine And 2 Other Stocks

MarineMax

Thor Industries

Winnebago

Interest rates have dropped enough that recreational vehicle and boat sales could pop, Citi says.

You Don't Need a Harley to Get Wild. 4 RV and Boat Stocks to Play Lower Rates.

In another suspicious trade from United States politicians, Senator Katie Britt sold all her OneWater Marine (NASDAQ: ONEW) shares one week before a disastrous Q2 2024 earnings report.

U.S. Senator sells all of this stock a week before disastrous Q2 earnings

OneWater Marine suffered a big earnings miss this morning, with profits less than half what Wall Street predicted. Bad weather in Texas hurt the company's results.

Why OneWater Marine Stock Ran Aground Tuesday

OneWater Marine Inc. (NASDAQ:ONEW ) Q3 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Jack Ezzell - Chief Financial Officer Austin Singleton - Chief Executive Officer Anthony Aisquith - President and COO Conference Call Participants Drew Crum - Stifel Joe Altobello - Raymond James Michael Swartz - Truist Craig Kennison - Baird Fred Wightman - Wolfe Research Noah Zatzkin - KeyBanc Capital Markets Griffin Bryan - D.A. Davidson Operator Good morning.

OneWater Marine Inc. (ONEW) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for OneWater Marine (ONEW) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

OneWater Marine (ONEW) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

OneWater Marine (ONEW) came out with quarterly earnings of $1.05 per share, missing the Zacks Consensus Estimate of $2.06 per share. This compares to earnings of $1.95 per share a year ago.

OneWater Marine (ONEW) Misses Q3 Earnings and Revenue Estimates

OneWater Marine (ONEW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

OneWater Marine (ONEW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

OneWater Marine Inc. is going to soon report Q3 earnings, with the guidance and Wall Street suggesting a gradual starting recovery that I believe should be taken with skepticism. Speculation around a potential merger with MarineMax has emerged, and potential news of an acquisition could come soon with ICG's interest in the assets. The ONEW stock is moderately undervalued, but with a reasonable margin of safety considering the potential near-term guidance miss.

OneWater Marine: Interesting MarineMax M&A And Q3 News Ahead

BUFORD, Ga., July 16, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (the “Company” or “OneWater”) announced today that it will release its third quarter 2024 financial results on Tuesday, July 30th, 2024, before the market opens. Following the release, the Company's management team will host a conference call to discuss the results at 8:30 a.m. Eastern Time that day.

OneWater Marine Inc. Announces Fiscal Third Quarter 2024 Earnings Release Date and Conference Call Information

BUFORD, Ga.--(BUSINESS WIRE)--OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) today released the following statement in response to inquiries regarding recent news reports: “As a matter of policy, we do not comment on market rumors or speculation. OneWater is a highly disciplined and seasoned acquiror within the fragmented boating industry. Since 2014, we have successfully executed more than 30 acquisitions that have contributed to increased shareholder value. This strong trac.

OneWater Marine Inc. Responds to Market Reports

OneWater Marine Inc. (NASDAQ:ONEW ) Q2 2024 Results Conference Call May 2, 2024 8:30 AM ET Company Participants Jack Ezzell - Chief Financial Officer Austin Singleton - Founder, CEO & Director Anthony Aisquith - President, COO & Director Conference Call Participants Drew Crum - Stifel Operator Good day, and welcome to the OneWater Marine Inc., Second Quarter 2024 Earnings Conference Call. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions.

OneWater Marine Inc. (ONEW) Q2 2024 Earnings Call Transcript

The headline numbers for OneWater Marine (ONEW) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

OneWater Marine (ONEW) Reports Q2 Earnings: What Key Metrics Have to Say

Fiscal Second Quarter 2024 Highlights Revenue decreased 7% to $488 million Same-store sales decreased 5% for the quarter; average annual increase of 4% over last two years Gross profit margin of 24.6% GAAP net loss of $(5) million, or $(0.27) per diluted share and adjusted diluted earnings per share1 of $0.67 Adjusted EBITDA1 was $28 million BUFORD, Ga., May 02, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) today announced results for its fiscal second quarter ended March 31, 2024.

OneWater Marine Inc. Announces Fiscal Second Quarter 2024 Results

BUFORD, Ga., May 01, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that it has completed the previously announced acquisition of Garden State Yacht Sales (“Garden State”), which further expands the Company's presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings.

OneWater Marine Inc. Completes the Acquisition of Garden State Yacht Sales

Analysts Estimate OneWater Marine (ONEW) to Report a Decline in Earnings: What to Look Out for

BUFORD, Ga., April 18, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (the “Company” or “OneWater”) announced today that it will release its second quarter 2024 financial results on Thursday, May 2nd, 2024, before the market opens. Following the release, the Company's management team will host a conference call to discuss the results at 8:30 a.m. Eastern Time that day.

OneWater Marine Inc. Announces Fiscal Second Quarter 2024 Earnings Release Date and Conference Call Information

OneWater (ONEW) is set to acquire Garden State Yacht Sales to expand its presence in the Mid-Atlantic US and boost its product portfolio.

OneWater (ONEW) Set to Acquire Garden State Yacht Sales

BUFORD, Ga., April 11, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that it has signed a definitive agreement to acquire Garden State Yacht Sales (“Garden State”), which further expands the Company's presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings.

OneWater Marine Inc. Signs Definitive Agreement to Acquire Garden State Yacht Sales

ONEW's revenue has grown impressively at a CAGR of +36%, accelerated by an aggressive M&A strategy.

OneWater Marine: Solid Business With M&A Strategy Priced Attractively

OneWater Marine's (ONEW) fiscal first-quarter margins are impacted by seasonal shifts in volume, mix and size of boats sold and lower revenues from higher-margin businesses.

OneWater Marine's (ONEW) Q1 Earnings & Revenues Lag Estimates

OneWater Marine Inc. (ONEW) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for OneWater Marine (ONEW) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, OneWater Marine (ONEW) Q1 Earnings: A Look at Key Metrics

Outperforming industry and gaining market share in more competitive sales environment Outperforming industry and gaining market share in more competitive sales environment

OneWater Marine Inc. Announces Fiscal First Quarter 2024 Results

OneWater Marine (ONEW) first-quarter fiscal 2024 performance is likely to have been driven by an increase in average unit price of new and pre-owned boats.

News for OneWater Marine Stock (ONEW)