ONEW

Boat and marine products retailer OneWater Marine (NASDAQ:ONEW) fell short of the market’s revenue expectations in Q1 CY2026, with sales falling 8.5% year on year to $442.3 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $1.83 billion at the midpoint. Its non-GAAP loss of $0.34 per share was significantly below analysts’ consensus estimates. Is now the time to buy ONEW? Find out in our full research report (it’s free). Revenue: $442.3 million vs analyst estimates of $482.1 million (8.5% year-on-year decline, 8.3% miss) Adjusted EPS: -$0.34 vs analyst estimates of $0.07 (significant miss) Adjusted EBITDA: $16.34 million vs analyst estimates of $17.93 million (3.7% margin, 8.8% miss) The company dropped its revenue guidance for the full year to $1.83 billion at the midpoint from $1.88 billion, a 2.7% decrease Management lowered its full-year Adjusted EPS guidance to $0.45 at the midpoint, a 10% decrease EBITDA guidance for the full year is $70 million at the midpoint, above analyst estimates of $69.18 million Operating Margin: 1.7%, down from 3.4% in the same quarter last year Market Capitalization: $156 million OneWater’s second quarter was marked by a challenging retail environment and lower demand for new boats, with executives citing a shift in the timing of the Palm Beach International Boat Show and divestitures as key factors behind the decline. CEO Anthony Aisquith explained that while industry-wide retail demand was down, OneWater’s gross margin improved, thanks to disciplined pricing and a stronger mix in premium categories. Executive Chairman Austin Singleton noted, "Our inventory continues to be in the best condition it has been in years," crediting inventory management as a relative strength amid these headwinds. Looking ahead, OneWater’s guidance reflects continued caution, as management anticipates further pressure from industry softness and the absence of revenues from divested brands. CFO Jack Ezzell stated that actions to streamline costs should yield $6 million in annual savings, while ongoing efforts to optimize the brand portfolio are expected to improve operational resilience. Management is closely watching macroeconomic volatility, with Singleton emphasizing, “We’re just still a little nervous about what we’re going to wake up and see on the TV and how that impact...

Revenue and same-store sales declines were primarily attributed to lower unit volumes, the timing shift of the Palm Beach International Boat Show, and strategic portfolio optimization. Gross margin expanded by 110 basis points, driven by a more streamlined brand portfolio, disciplined pricing, and a slightly less promotional market environment. The premium and luxury segments continue to outperform broader retail trends, aligning with the company's strategic skew toward high-end brands. Inventory health has reached a multi-year peak with a 19% reduction over two years, supported by disciplined OEM production and a balanced aging profile. Pre-owned boat sales served as a resilient growth driver, increasing 5% due to improved availability and higher average unit prices. Finance penetration remains stable at over 60%, indicating that the market remains active for financed purchases despite the current interest rate environment. Full-year guidance remains unchanged, anchored by the assumption that industry retail demand will be flat to down low-single digits. Management expects to reduce net debt-to-EBITDA leverage below 4.0x by the end of the fiscal year, supported by divestiture proceeds and operating cash flow. The company anticipates a significant portion of delayed boat show sales to materialize in the June quarter, with approximately $16 million to $17 million in shifted revenue. Future inventory ordering decisions are in a 'wait-and-see' mode for the next 90 days to gauge if current demand trends necessitate increased production lead times. Strategic focus remains on cost containment and operational efficiency to build a more resilient business model ahead of a broader market recovery. Completed the sale of Ocean Bio-Chem (OBCI) to focus on core assets, which will create challenging year-over-year comparisons for the remainder of the year. Implemented cost-reduction actions in late March and early April expected to deliver approximately $6 million in annualized SG&A savings. Recognized a $6 million non-cash trade name impairment charge during the quarter. Management flagged macroeconomic 'noise' and consumer confidence as primary risks that could impact retail demand over the next 60 to 120 days. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Manageme...

Sales softened: Revenue fell 9% year-over-year to $442 million and same-store sales dropped 8%, with new-boat revenue down 12% while pre-owned rose 5%; management said a calendar shift from the Palm Beach show (about $16–$17M) and the sale of Ocean Bio‑Chem materially affected comparisons. Margins improved but profitability lagged: Gross margin widened 110 basis points to 23.9% aided by favorable mix and pricing, but the company posted a $13 million net loss (vs. $0.375M prior) after a $6 million trade-name impairment, with Adjusted EBITDA of $16 million and expected cost savings of about $6 million annually. Leverage reduction and guidance maintained: OneWater repaid $57 million of debt, ended the quarter with $68 million cash and ~$73 million liquidity, and improved net debt/EBITDA to 4.1x with a goal below 4x by year-end, while reiterating FY26 guidance of $1.78–$1.88B revenue and $60–$80M Adjusted EBITDA and noting early-season sales signs were constructive. Interested in OneWater Marine Inc.? Here are five stocks we like better. OneWater Marine (NASDAQ:ONEW) reported fiscal second-quarter 2026 results that management said reflected a “challenging retail environment,” improved boat margins, continued portfolio optimization, and progress reducing leverage. Revenue declined 9% year-over-year to $442 million, while same-store sales fell 8%. Executive Chairman Austin Singleton attributed part of the quarter’s softness to calendar effects, noting the Palm Beach International Boat Show occurred at the end of March this year, shifting a “meaningful amount” of new boat sales into the June quarter. Singleton also pointed to portfolio actions, including the sale of Ocean Bio-Chem, which affected reported comparisons against the prior year. → Palantir Is Down 30%: Noise? Or a Signal to Accumulate? Chief Executive Officer Anthony Aisquith said industry retail demand “remains pressured,” citing SSI data indicating double-digit declines in the categories where OneWater competes. Within the company, lower new boat volumes were “partially offset by disciplined pricing and favorable mix in a slightly less promotional environment,” which he said supported higher gross margin. Gross profit in the quarter decreased to $106 million from $110 million a year earlier, but gross margin expanded to 23.9%, a 110-basis-point improvement. Chief Financial Officer and Chief Operating...

Driving Margin Expansion and Strengthening Balance Sheet Fiscal Second Quarter 2026 Highlights Revenue decreased 9% to $442 million Same-store sales decreased 8% Gross profit margin of 23.9% increased 110 bps GAAP net loss of $(13) million, or $(0.78) per diluted share; adjusted diluted loss per share1 was $(0.34) Adjusted EBITDA1 of $16 million Repaid $57 million of debt, supported by proceeds from the sale of Ocean Bio-Chem Holdings, Inc. ("OBCI") BUFORD, Ga., April 30, 2026--(BUSINESS WIRE)--OneWater Marine Inc. (NASDAQ: ONEW) ("OneWater" or the "Company") today announced results for its fiscal second quarter ended March 31, 2026. "Our second quarter was highlighted by continued improvement in boat margins and a significant reduction in leverage," said Austin Singleton, Executive Chairman of OneWater. "Margin expansion reflects the benefits of a more focused portfolio and the deliberate actions taken to reduce complexity, optimize inventory, and manage costs. In addition, proceeds from the sale of Ocean Bio-Chem and operating cash flows enabled a meaningful reduction in debt, further strengthening our balance sheet and maintaining progress toward our leverage target. As a result, we are well positioned for a market recovery, with greater focus and an improved ability to accelerate growth and drive higher profitability." Fiscal Second Quarter 2026 Results Revenue for fiscal second quarter 2026 was $442.3 million, a decrease of 8.5% compared to $483.5 million in fiscal second quarter 2025. The decrease was primarily driven by the timing of this year's Palm Beach International Boat Show, as well as the impact of the OBCI divestiture. Same-store sales were down 8%. New boat revenue decreased 12.1%, with approximately half of the decline attributable to the timing of the boat show, and the remainder driven by lower unit volumes, partially offset by higher average price per unit as the Company continued to prioritize margin discipline and product mix optimization. Pre-owned boat revenue increased 5.2%, driven by an increase in units sold and average price per unit. Finance & insurance income increased slightly as a percentage of total boat sales, and service, parts & other sales were down 10.7% compared to the prior year quarter. Service, parts & other sales were impacted by the OBCI divestiture. Gross profit totaled $105.5 million for fiscal second quarter 202...

BUFORD, Ga. (AP) — BUFORD, Ga. (AP) — OneWater Marine Inc. (ONEW) on Thursday reported a loss of $12.9 million in its fiscal second quarter. The Buford, Georgia-based company said it had a loss of 78 cents per share. Losses, adjusted for restructuring costs and non-recurring costs, were 34 cents per share. The company posted revenue of $442.3 million in the period. OneWater Marine expects full-year earnings in the range of 20 cents to 70 cents per share, with revenue in the range of $1.78 billion to $1.88 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONEW at https://www.zacks.com/ap/ONEW

This article first appeared on GuruFocus. OneWater Marine Inc (NASDAQ:ONEW) is set to release its Q2 2026 earnings on Apr 30, 2026. The consensus estimate for Q2 2026 revenue is $479.62 million, and the earnings are expected to come in at $0.08 per share. The full year 2026's revenue is expected to be $1.84 billion and the earnings are expected to be $0.19 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 5 Warning Signs with ONEW. Is ONEW fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for OneWater Marine Inc (NASDAQ:ONEW) have declined from $1.88 billion to $1.84 billion for the full year 2026 and declined from $1.95 billion to $1.90 billion for 2027 over the past 90 days. Earnings estimates have declined from $0.97 per share to $0.19 per share for the full year 2026 and increased from $0.83 per share to $0.88 per share for 2027 over the past 90 days. In the previous quarter of 2025-12-31, OneWater Marine Inc's (NASDAQ:ONEW) actual revenue was $380.56 million, which beat analysts' revenue expectations of $380.32 million by 0.06%. OneWater Marine Inc's (NASDAQ:ONEW) actual earnings were $-0.47 per share, which beat analysts' earnings expectations of $-0.605 per share by 22.31%. After releasing the results, OneWater Marine Inc (NASDAQ:ONEW) was down by 2.50% in one day. Based on the one-year price targets offered by 4 analysts, the average target price for OneWater Marine Inc (NASDAQ:ONEW) is $15.75 with a high estimate of $17.00 and a low estimate of $15.00. The average target implies an upside of 52.91% from the current price of $10.30. Based on GuruFocus estimates, the estimated GF Value for OneWater Marine Inc (NASDAQ:ONEW) in one year is $20.45, suggesting an upside of 98.54% from the current price of $10.30. Based on the consensus recommendation from 6 brokerage firms, OneWater Marine Inc's (NASDAQ:ONEW) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Boat and marine products retailer OneWater Marine (NASDAQ:ONEW) will be announcing earnings results this Thursday before market open. Here’s what to look for. OneWater met analysts’ revenue expectations last quarter, reporting revenues of $380.6 million, up 1.3% year on year. It was a strong quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates. Is OneWater a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting OneWater’s revenue to be flat year on year, in line with its flat revenue from the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. OneWater has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at OneWater’s peers in the automotive and marine retail segment, some have already reported their Q1 results, giving us a hint as to what we can expect. MarineMax’s revenues decreased 16.5% year on year, missing analysts’ expectations by 14.7%, and CarMax reported flat revenue, topping estimates by 3.9%. MarineMax traded up 1.6% following the results while CarMax was down 17.5%. Read our full analysis of MarineMax’s results here and CarMax’s results here. There has been positive sentiment among investors in the automotive and marine retail segment, with share prices up 7.4% on average over the last month. OneWater is up 15% during the same time and is heading into earnings with an average analyst price target of $15.75 (compared to the current share price of $10.29). ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable. These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.

BUFORD, Ga., April 16, 2026--(BUSINESS WIRE)--OneWater Marine Inc. (NASDAQ: ONEW) (the "Company" or "OneWater") announced today that it will release its second quarter 2026 financial results on Thursday, April 30th, 2026, 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 will offer a live webcast of the conference call, accessible from the Investor Relations section of the company's website, at https://investor.onewatermarine.com/ where it will be archived for one year. To access via phone, participants can use the dial-in below: Event: OneWater Marine Inc. Fiscal Second Quarter 2026 Conference Call Date: Thursday, April 30th, 2026 Time: 8:30 a.m. Eastern Time Live Call: (+1) 833 461 5787 (North America Toll Free) or (+1) 585 542 9983 (International) Access Code: 786171846 About OneWater Marine Inc. OneWater Marine Inc. is one of the largest and fastest-growing premium marine retailers in the United States. OneWater operates a total of 94 retail locations, 6 distribution centers / warehouses and multiple online marketplaces in 18 different states, several of which are in the top twenty states for marine retail expenditures. OneWater offers a broad range of products and services and has diversified revenue streams, which include the sale of new and pre-owned boats, finance and insurance products, parts and accessories, maintenance, repair and other services. View source version on businesswire.com: https://www.businesswire.com/news/home/20260416385521/en/ Contacts Investor or Media Contact: Jack Ezzell Chief Operating Officer and Chief Financial Officer [email protected]

OneWater’s fourth quarter was marked by stable revenue and expanding margins, which prompted a positive reaction from the market. Management credited the performance to disciplined inventory management and benefits from recent brand rationalization efforts. CEO Austin Singleton highlighted that the company’s inventory mix and age profile are “healthy,” allowing for improved execution even as same-store sales remained flat. The company’s focus on optimizing its product portfolio and maintaining support from OEM partners helped offset a competitive environment, with margins benefiting from a favorable model mix. Gross profit margin expansion and growth in pre-owned boat sales further contributed to the quarter’s results. Is now the time to buy ONEW? Find out in our full research report (it’s free). Revenue: $380.6 million vs analyst estimates of $382.2 million (1.3% year-on-year growth, in line) Adjusted EPS: -$0.04 vs analyst estimates of -$0.58 (93% beat) Adjusted EBITDA: $3.60 million vs analyst estimates of $1.90 million (0.9% margin, 90.1% beat) The company reconfirmed its revenue guidance for the full year of $1.88 billion at the midpoint Management reiterated its full-year Adjusted EPS guidance of $0.50 at the midpoint EBITDA guidance for the full year is $75 million at the midpoint, in line with analyst expectations Operating Margin: -1.4%, in line with the same quarter last year Locations: 100 at quarter end, up from 97.5 in the same quarter last year Same-Store Sales were flat year on year (4.2% in the same quarter last year) Market Capitalization: $233.2 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Joe Altobello (Raymond James) asked whether the shift towards pre-owned sales reflects consumer preference for lower-priced units or improved availability. CEO Austin Singleton pointed to better trade-in availability and an end to pandemic-era delays, rather than a shift in consumer price sensitivity. Joe Altobello (Raymond James) inquired about expectations for year-end leverage and inventory levels. CFO Jack Ezzell explained that asset sales would reduce leverage to below four times by year-end, and...

This article first appeared on GuruFocus. Revenue: $381 million, a 1% increase from $376 million in the prior year period. New Boat Sales: Decreased by 6% compared to the prior year. Pre-Owned Boat Sales: Increased by 24%, driven by higher unit sales and average unit price. Service Parts and Other Revenue: Grew by 10% compared to the prior year period. Gross Profit: Increased to $89 million from $84 million in the prior year period. Gross Profit Margin: Expanded to 23.5%, an improvement of 110 basis points from the prior year quarter. Selling, General, and Administrative Expenses: $81 million, up from $79 million in the prior year period. Net Loss: $8 million, or $0.47 per diluted share, compared to a net loss of $14 million or $0.81 per diluted share in the prior period. Adjusted Loss Per Diluted Share: $0.04, compared to $0.54 in the prior year period. Adjusted EBITDA: Increased to $4 million from $2 million in the prior year. Total Liquidity: Approximately $46 million, including $32 million of cash and cash equivalents. Total Inventory: Decreased to $602 million from $637 million as of December 31, 2024. Long-Term Debt: $399 million as of the quarter end. Fiscal Year 2026 Guidance: Total sales expected to be $1.83 billion to $1.93 billion; adjusted EBITDA expected to be $65 million to $85 million; adjusted earnings per diluted share expected to be $0.25 to $0.75. Warning! GuruFocus has detected 7 Warning Signs with ONEW. Is ONEW fairly valued? Test your thesis with our free DCF calculator. Release Date: January 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. OneWater Marine Inc (NASDAQ:ONEW) reported a 1% increase in fiscal first quarter revenue, reaching $381 million compared to the prior year. Pre-owned boat sales surged by 24%, driven by increased unit sales and higher average unit prices. Gross profit margin expanded by 110 basis points to 23.5%, attributed to strategic inventory optimization and portfolio efforts. The company successfully completed strategic brand initiatives, leading to improved gross margins. OneWater Marine Inc (NASDAQ:ONEW) maintained a strong inventory position with a healthy mix of new boats and supportive OEM partners. New boat sales declined by 6% compared to the prior year, reflecting softer demand in this segment. The company reported a net loss of $8 million for...

OneWater posted Q1 revenue of $381 million (up 1%) with new-boat sales down 6% and pre-owned sales up 24%; gross profit rose to $89 million and gross margin expanded to 23.5%, producing adjusted EBITDA of $4 million and an adjusted loss per share of $0.04. Management is pursuing portfolio simplification by selling certain distribution assets, recorded a $7 million impairment on those held-for-sale items, and intends to use proceeds to cut borrowings — net debt sits at 5.1x TTM adjusted EBITDA and could fall to about 4x after the sale. The company reiterated fiscal 2026 guidance ($1.83B–$1.93B sales; $65M–$85M adjusted EBITDA; $0.25–$0.75 adj. EPS), saying it expects the industry to be flat to down low single digits but aims to outperform despite brand-rationalization headwinds. Interested in OneWater Marine Inc.? Here are five stocks we like better. OneWater Marine (NASDAQ:ONEW) reported fiscal first-quarter 2026 results that management said were “solid” and in line with expectations, as improved margins and a shift toward pre-owned boat sales helped offset softer new-boat unit volumes. Executives also discussed ongoing portfolio actions, including a plan to divest certain distribution segment assets, and reiterated full-year guidance while describing an industry backdrop expected to be flat to down low single digits. Executive Chairman Austin Singleton said the company entered the year with inventory levels it is “pleased with,” emphasizing a healthy inventory mix and age profile even in what he described as a highly competitive environment. Singleton added that OneWater’s OEM partners have remained supportive while maintaining disciplined production schedules. → Trump Triggers Buying Opportunity in UnitedHealth Group Singleton said the company’s strategic brand initiatives completed last year are beginning to show up in gross margin performance. While the fiscal first quarter is typically the smallest seasonally, he said margins were better than expected, helped by favorable model mix and benefits from brand rationalization efforts. Management expects the impact of discontinued brands to be realized at different levels throughout the year. As part of portfolio optimization, Singleton said OneWater decided to sell certain distribution segment assets it views as no longer core to its long-term strategy. He framed the decision as an opportunistic move intende...