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Onewater Marine Inc. - ONEW STOCK NEWS

Welcome to our dedicated page for Onewater Marine news (Ticker: ONEW), a resource for investors and traders seeking the latest updates and insights on Onewater Marine stock.

Overview

OneWater Marine Inc is a prominent recreational marine retailer in the United States that operates across a diverse spectrum of marine retail and distribution services. With a strong foothold in the dealership sector, the company specializes in offering both new and pre-owned recreational boats and yachts alongside a full array of marine products. Its commitment to comprehensive service spans from boat financing and insurance solutions to repair, maintenance, and marina services, establishing the company as an integrated service provider in the marine industry.

Business Segments

The operational framework of OneWater Marine Inc is anchored in its two primary segments: Dealership and Distribution. The Dealership segment is the cornerstone of its business model. This division focuses on retailing recreational boats, yachts, and a wide range of marine accessories. It also encompasses value-added services including financing arrangements, insurance offerings, and maintenance and repair solutions that together create a seamless customer experience. In contrast, the Distribution segment is tasked with the broader supply chain aspects of marine-related products. It orchestrates the manufacturing, assembly, and supply of products to distributors, box retailers, and online retailers through an effective network of warehouses and distribution centers.

Core Services and Operational Excellence

At its core, OneWater Marine Inc addresses multiple aspects of the recreational marine market. The company not only provides a robust assortment of new and pre-owned boats but also extends its expertise to related marine products such as parts, accessories, and service packages. Customers looking for comprehensive marine solutions benefit from additional offerings like slip accommodations, indoor and outdoor storage, and boat rental services. This integrated approach ensures that customers find everything they need from a single, trusted source.

Market Position and Customer Focus

Operating across several states in the Southeastern United States and the Mid-Atlantic region, OneWater Marine Inc has strategically positioned itself within key maritime markets. Its blend of high-touch dealership interactions and strong distribution capabilities differentiates the company in a competitive landscape that includes both regional and national players. Industry keywords such as "marine retail", "recreational boats", and "marina services" are deeply embedded in its operations, reflecting the company’s clear focus on providing specialized solutions that cater to the recreational boating community. The comprehensive range of services is tailored to meet the varying needs of boating enthusiasts, whether they are purchasing a vessel, looking for reliable maintenance, or in need of secure storage solutions.

Expertise in Dealership Services

The Dealership segment of OneWater Marine Inc is a focal point of its operational strengths. This division is adept at managing customer relationships and streamlining the purchase process for recreational boats. Through the integration of financing and insurance products, the company ensures that potential buyers have simplified access to the financial resources necessary to complete their purchases. Furthermore, sophisticated service offerings such as boat repair and maintenance underscore the company’s commitment to quality and reliability in every aspect of the boating experience.

Efficient Distribution Network

The Distribution segment reinforces the company’s market reach by ensuring that quality marine products are readily available to a broader network of retailers. By managing the manufacturing and assembly processes, OneWater Marine Inc maintains rigorous quality standards while simultaneously optimizing logistics and inventory management. This strategic control over the supply chain not only supports its dealership operations but also solidifies the company’s reputation as a reliable distribution partner in the marine industry.

Operational Strategies and Industry Insights

OneWater Marine Inc leverages strategic inventory management and operational execution to navigate challenging market conditions. The company’s capability to manage costs and streamline its operations is enhanced by a focused approach to handling inventory and expenses. This operational discipline is particularly important in an industry that consistently faces fluctuations due to weather conditions and shifting consumer demand. By addressing these challenges through efficient practices, the company exemplifies expertise in balancing cost control with service excellence.

Interconnected Services and Customer Value Proposition

The value proposition of OneWater Marine Inc lies in its ability to provide an end-to-end customer experience. From assisting customers in securing financing and insurance to delivering bespoke repair services and offering expansive storage solutions, every facet of its service model is designed to ensure customer satisfaction. The company’s deep understanding of the recreational marine market, combined with its full spectrum of services, positions it as a comprehensive lifestyle service provider for boating enthusiasts.

Strategic Market Differentiation

Within the competitive maritime landscape, OneWater Marine Inc stands out by seamlessly integrating its retail and distribution operations. Its dual-segment approach allows the company to address market needs on multiple levels. The dealership side caters directly to consumers, ensuring they have access to personalized services and expert advice, while the distribution side capitalizes on supply chain efficiencies and broad market access. This symmetry between front-end customer service and back-end logistical acumen enhances its competitive advantage, allowing the company to sustain a robust market presence in the ever-evolving marine industry.

Industry Terminology and Professional Insight

Using industry-specific terminology such as marine retail, recreational boating services, and inventory optimization, the content reflects a deep understanding of the operational dynamics at play. Every aspect of OneWater Marine Inc’s business—from dealership operations to the complexities of distribution—has been crafted to highlight the company’s integrated approach to solving real-world challenges. This detailed analysis underscores a balanced presentation that reinforces authority and trustworthiness, inviting investors and market researchers alike to gain an in-depth perspective on the company’s multifaceted operations.

Conclusion

In summary, OneWater Marine Inc presents a compelling, comprehensive model that combines the strengths of a focused retail dealership with the expansive reach of a specialized distribution network. Its unwavering commitment to service excellence, rigorous operational discipline, and a holistic approach to customer engagement form the cornerstone of its market strategy. As a company deeply rooted in the recreational marine sector, it continues to represent an intricate blend of retail expertise and supply chain mastery that sets a dependable standard in the industry.

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OneWater Marine Inc. announced its fiscal second quarter 2024 results, with revenue of $488.3 million, a 6.9% decrease year-over-year. The company reported a GAAP net loss of $(5) million and adjusted diluted earnings per share of $0.67. Adjusted EBITDA was $28 million. The company is maintaining its fiscal full year 2024 outlook with dealership same-store sales expected to increase by low to mid-single digits.

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OneWater Marine Inc. has finalized the acquisition of Garden State Yacht Sales, enhancing its presence in the Mid-Atlantic U.S. The move expands the company's boat sales, finance, and services offerings. CEO Austin Singleton expressed gratitude to the Stavola family for the opportunity, emphasizing the strategic growth potential of the acquisition.

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OneWater Marine Inc. (NASDAQ: ONEW) announced the release of its second quarter 2024 financial results on May 2nd, 2024, followed by a conference call at 8:30 a.m. Eastern Time. Participants can join via phone or webcast, with a replay available until May 16th, 2024.
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OneWater Marine Inc. (NASDAQ: ONEW) announced the acquisition of Garden State Yacht Sales to expand its presence in the Mid-Atlantic U.S. The deal enhances boat sales, finance, and services offerings, leveraging the strategic growth objectives of the company. Garden State, a premium dealership and marina location, generated around $14.0 million in sales in 2023.
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OneWater Marine Inc. reported a 2% increase in same-store sales, with a 1% decrease in revenue. The company experienced a gross profit margin of 25.1% and a net loss of $8 million, or $0.49 per diluted share. Adjusted EBITDA was $7 million. The company's total long-term debt was $439.8 million, and adjusted long-term net debt was 2.6 times trailing twelve-month Adjusted EBITDA. The company is maintaining its fiscal full year 2024 outlook, anticipating dealership same-store sales to be up low to mid-single digits, with adjusted EBITDA expected to be in the range of $130 million to $155 million, and earnings per diluted share expected to be in the range of $3.25 to $3.75.
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OneWater Marine Inc. (NASDAQ: ONEW) will release its first quarter 2024 financial results on February 1st, 2024, followed by a conference call to discuss the results. The call will be accessible via phone and webcast, with a telephonic replay available for a limited time.
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ONEWATER MARINE INC (NASDAQ: ONEW) announced fiscal year 2023 results, reporting an 11% revenue increase to $1.94 billion, and a 3% increase in same-store sales. The company also faced a GAAP net loss of $(39) million due to a $147 million non-cash intangible asset impairment charge. Adjusted EBITDA was $167 million for the year.
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OneWater Marine Inc. (NASDAQ: ONEW) will release its fiscal fourth quarter and full-year 2023 financial results on November 16th, 2023. The management team will host a conference call at 8:30 a.m. Eastern Time to discuss the results. Participants can access the call via phone or through a live webcast on the company's website.
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OneWater Marine Inc. has entered into a strategic relationship with Bradford Marine, completing a sale/leaseback arrangement of the Roscioli Yachting Center. The proceeds will be used to reduce the Company's long-term debt and fund strategic M&A opportunities. This partnership allows OneWater to focus on growing Sunseeker Yacht sales and operations, while strengthening their balance sheet. The Roscioli Yachting Center will continue to provide best-in-class services under the Bradford Marine name. This transaction is expected to have a positive impact on OneWater's stock price.
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OneWater Marine Inc. has completed the sale of two dealerships in Kentucky, with combined annual sales of $6 million, to Troxtell Marine. The move aims to enhance their geographic footprint and align with their long-term strategy. Troxtell Marine is a premier marine business serving the Somerset, Kentucky area, and will operate under the Troxtell Marine and Lookout Marine brand umbrella.
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FAQ

What is the current stock price of Onewater Marine (ONEW)?

The current stock price of Onewater Marine (ONEW) is $15.83 as of March 13, 2025.

What is the market cap of Onewater Marine (ONEW)?

The market cap of Onewater Marine (ONEW) is approximately 269.9M.

What primary services does OneWater Marine Inc offer?

OneWater Marine Inc specializes in the retail sale of new and pre-owned recreational boats along with a range of marine products and services, including financing, insurance, repairs, and storage solutions.

How is the company structured in terms of business segments?

The company operates through two core segments: the Dealership segment, which focuses on boat sales and associated services, and the Distribution segment, which manages the manufacturing, assembly, and supply of marine products.

What type of customer does OneWater Marine Inc cater to?

OneWater Marine Inc serves boating enthusiasts and recreational marine customers looking for comprehensive solutions—from purchasing new or pre-owned boats to accessing maintenance, financing, and storage services.

How does the Dealership segment contribute to the company’s overall operations?

The Dealership segment not only facilitates sales of recreational boats but also integrates ancillary services such as financing, insurance, repairs, and marina services to create a cohesive customer experience.

What role does the Distribution segment play within the company?

The Distribution segment is responsible for the manufacturing, assembly, and logistics of marine-related products, ensuring that quality marine supplies reach retail outlets and online platforms.

How does OneWater Marine Inc differentiate itself from competitors?

The company differentiates itself by offering an integrated suite of retail and support services, combining a strong dealership network with efficient distribution capabilities, thereby providing a full-spectrum solution for marine enthusiasts.

What operational strategies does the company use to manage challenges in the market?

OneWater Marine Inc employs strategic inventory management and cost control measures to navigate market challenges, ensuring that operational efficiencies support service quality and customer satisfaction.

Where does OneWater Marine Inc operate geographically?

The company primarily operates within the United States, focusing on key maritime markets in the Southeastern and Mid-Atlantic regions, which are known for their vibrant recreational boating communities.
Onewater Marine Inc.

Nasdaq:ONEW

ONEW Rankings

ONEW Stock Data

269.92M
11.05M
24.13%
80.75%
7.63%
Specialty Retail
Retail-auto & Home Supply Stores
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United States
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