OneWater Marine reported fairly good stability in fiscal Q3 despite the company missing Wall Street estimates. Revenues declined slightly, but considering the industry environment, ONEW's sales performance was impressively resilient. ONEW's margins have started to stabilize despite weak sales.
OneWater Marine NASDAQ: ONEW reported fiscal third-quarter revenue of $531 million, down 4% from the prior-year period, while gross margin expanded and adjusted EBITDA increased as the dealership operator continued to manage inventory, costs and debt during a challenging retail environment.
OneWater Marine Inc. (ONEW) Q3 2026 Earnings Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 9 | $120.6 | $111.69 | -$8.91 | -7.39% |
Point72 Asset Management LP Point72 Asset Management LP | 11,164 | $125,818 | $132,851.6 | $7,033.6 | 5.59% |
Joseph Castro Nuveen LLC | 26,158 | $386,543.72 | $321,481.82 | -$65,061.9 | -16.83% |
Bobby Adusumilli SJS Investment Consulting Inc. | 2 | $18.9 | $24.5 | $5.6 | 29.63% |
Dinan Hu R Squared Ltd | 12,162 | $137,065 | $148,984.5 | $11,919.5 | 8.7% |
| Water Utilities Industry | Utilities Sector | Anthony K. Aisquith CEO | NASDAQ (NMS) Exchange | 68280L101 CUSIP |
| US Country | 2,231 Employees | 19 Jul 2021 Last Dividend | - Last Split | 7 Feb 2020 IPO Date |
OneWater Marine Inc. is a prominent recreational boat retailer based in the United States. Established in 2014 and headquartered in Buford, Georgia, the company has positioned itself as a key player in the recreational boating industry. OneWater Marine Inc. specializes in the retail of new and pre-owned recreational boats and yachts. Additionally, it extends its offerings to a comprehensive range of marine products, including parts and accessories. The company is dedicated to delivering exceptional service, evident in its boat repair and maintenance services, alongside arranging boat financing and insurance provisions. Through its diverse range of services, from indoor and outdoor storage to marina services and the rental of boats and personal watercraft, OneWater Marine Inc. caters to a broad spectrum of recreational boating needs.
OneWater Marine Inc. offers an extensive selection of new and pre-owned boats and yachts, catering to various preferences and budgets. This allows customers to choose from a wide range of recreational vessels for their maritime adventures.
The company provides a comprehensive inventory of marine products, including essential parts and accessories required for boat maintenance and enhancement. This ensures that boat owners can find everything they need to keep their vessels in optimal condition.
OneWater Marine Inc. delivers high-quality boat repair and maintenance services, ensuring that boats are in perfect shape for safety and performance. Their experienced technicians offer a range of services for various boat types.
Understanding the importance of financial and insurance aspects of boat ownership, the company assists customers in arranging suitable financing and insurance options, facilitating a smoother acquisition process.
To cater to the needs of boat owners requiring storage solutions, OneWater Marine Inc. provides both indoor and outdoor storage services. This offers a secure and convenient option for storing boats when not in use.
The company offers comprehensive marina services, ensuring that boat owners have access to necessary amenities and services for their boats. These services enhance the overall boating experience for customers.
For those looking for a temporary boating experience, OneWater Marine Inc. offers rental services for boats and personal watercraft. This allows individuals to enjoy the water without the commitment of owning a boat.