OneWater Marine Inc. - Class A Common Stock (ONEW)
15.64
-0.71 (-4.34%)
Onewater Marine Inc is a leading retailer and service provider in the marine industry, specializing in the sale of new and pre-owned recreational boats, marine accessories, and parts
The company operates a network of dealerships that offer a wide range of products, including boats for various water activities, as well as providing maintenance services and repairs to ensure a high level of customer satisfaction. Onewater Marine is committed to enhancing the boating experience for its customers by offering expert advice, exceptional service, and a diverse selection of high-quality brands.
OneWater Marine Inc. (NASDAQONEW) (“OneWater” or the “Company”) announced today that it has completed the acquisition of American Yacht Group, which further expands the Company’s presence in the Southeastern U.S. and enhances new and pre-owned boat sales, finance and insurance, and parts and services offerings.
Auto parts and accessories retailer O’Reilly Automotive (NASDAQORLY) will be reporting results tomorrow after the bell. Here’s what investors should know.
Boat and marine products retailer OneWater Marine (NASDAQONEW) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 3.2% year on year to $375.8 million. On the other hand, the company’s full-year revenue guidance of $1.78 billion at the midpoint came in 1.7% below analysts’ estimates. Its non-GAAP loss of $0.54 per share was 36% above analysts’ consensus estimates.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at MarineMax (NYSEHZO) and its peers.
What a brutal six months it’s been for OneWater. The stock has dropped 47.1% and now trades at $16.13, rattling many shareholders. This was partly due to its softer quarterly results and might have investors contemplating their next move.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how automotive and marine retail stocks fared in Q3, starting with OneWater (NASDAQONEW).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Walgreens (NASDAQWBA) and the best and worst performers in the consumer retail industry.
Boat and marine products retailer OneWater Marine (NASDAQONEW) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 16.2% year on year to $377.9 million. The company’s full-year revenue guidance of $1.78 billion at the midpoint came in 6.1% below analysts’ estimates. Its non-GAAP loss of $0.36 per share was significantly below analysts’ consensus estimates.
MarineMax shares surged as OneWater Marine reportedly in acquisition talks with a $40 per share all-cash offer. An official announcement is expected soon, although the deal is not yet finalized.
OneWater Marine Inc. (NASDAQONEW) (“OneWater” or the “Company”) today released the following statement in response to inquiries regarding recent news reports:
