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Onewater Marine Inc - ONEW STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Onewater Marine's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Onewater Marine's position in the market.

News
OneWater Marine Inc. Announces Fiscal Second Quarter 2024 Earnings Release Date and Conference Call Information
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
earnings
-
News
OneWater Marine Inc. Signs Definitive Agreement to Acquire Garden State Yacht Sales
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
acquisition
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News
OneWater Marine Inc. Announces Fiscal First Quarter 2024 Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.1%
Tags
earnings
News
OneWater Marine Inc. Announces Fiscal First Quarter 2024 Earnings Release Date and Conference Call Information
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
earnings
-
News
OneWater Marine Inc. Announces Fiscal Fourth Quarter and Full-Year 2023 Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.88%
Tags
earnings
-
News
OneWater Marine Inc. Announces Fiscal Fourth Quarter and Full-Year 2023 Earnings Release Date and Conference Call Information
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.67%
Tags
earnings
News
OneWater Marine Inc. Announces Strategic Relationship with Bradford Marine
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.99%
Tags
none
-
News
OneWater Marine Inc. Announces the Sale of Dealerships in Non-Core Markets
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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News
OneWater Marine Inc. Announces Acquisition of Harbor Pointe Marina
Rhea-AI Summary
OneWater Marine acquires Harbor Pointe Marina, expanding presence in Alabama's Lake Martin and boosting boat sales, finance, and services. M&A environment picking up steam. OneWater to offer Bennington Pontoons and Regal Boats. Harbor Pointe Marina generated $5.8 million in sales in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
acquisition
News
OneWater Marine Inc. Announces Fiscal Third Quarter 2023 Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.75%
Tags
earnings
Stock ONEW logo
Onewater Marine Inc

Nasdaq:ONEW

ONEW Rankings

#3384 Ranked by Market Cap
#4025 Ranked by Stock Gains
N/A Ranked by Dividends

ONEW Stock Data

409.60M
11.93M
24.51%
77.73%
5.86%
Automotive Parts and Accessories Stores
Retail Trade
Link
US
Buford

About ONEW

onewater marine inc. operates as a recreational boat retailer in the united states. it offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. the company also provides boat repair and maintenance services; arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina, as well as rental of boats and personal watercraft. as of september 30, 2020, it operated 61 stores comprising 21 dealer groups in 10 states, including texas, florida, alabama, north carolina, south carolina, and georgia. onewater marine inc. was founded in 2014 and is headquartered in buford, georgia.