Tag Archives: Austin Singleton

OneWater reports strong Q3

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OneWater Marine Inc. announced results for its fiscal third quarter ended June 30, 2021.        “The OneWater team delivered strong third quarter results, expanding gross margin by more than 800 basis points and growing earnings per diluted share to $3.04, despite the lean inventory environment. Our sales associates have done an outstanding job meeting the heightened customer demand by effectively utilizing our ...

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OneWater Marine signs agreement to acquire PartsVu

OneWater Marine Inc. announced it has signed a definitive agreement to acquire the assets of PartsVu, an online marketplace for OEM marine parts, electronics and accessories. The acquisition significantly expands the company’s presence in the marine parts and accessories sector, while helping to reduce exposure to the cyclicality of boat sales. PartsVu generated approximately $25 million in sales over the ...

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OneWater Marine named sole U.S. distributor for Sunseeker Yachts

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OneWater Marine Inc. announced that it was named as the sole U.S. distributor for Sunseeker Yachts. The agreement is expected to close in the third quarter and will accelerate the growth of the newly formed OneWater Yacht Group announced by the Company last month. Sunseeker is a leading manufacturer of premium yachts based in the U.K., with customers across the ...

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OneWater reports strong sales for Q1 2021

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OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) today announced results for its fiscal first quarter ended December 31, 2020.         “The OneWater team delivered outstanding results in the fiscal first quarter, in what is seasonally the lowest sales quarter of our fiscal year, which highlights the agility of our sales and marketing team and the power of our digital platform. ...

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OneWater continues acquisitions with Roscioli Yachting Center

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OneWater Marine Inc. announced that it has completed the acquisition of Roscioli Yachting Center, Inc., including the related real estate and in-water slips. OneWater said the transaction expands the company’s presence in the yacht category and provides a springboard for further growth, while amplifying the company’s service and repair offerings. Roscioli Yachting Center is a full-service marina and yachting facility ...

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OneWater Marine completes acquisition of Walker Marine Group

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OneWater Marine Inc. has completed the acquisition of Walker Marine Group, marking the largest acquisition in the company’s history, and further expanding its presence in Florida. Walker Marine Group has five locations in southwest Florida to serve its established and growing customer base with new and pre-owned boat sales, quality service and parts, as well as finance and insurance services. ...

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OneWater Marine completes acquisition of Tom George Yacht Group

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OneWater Marine Inc. has completed the previously announced acquisition of Tom George Yacht Group. In a company press release, the company says TGYG enhances their presence on the west coast of Florida and expands new and pre-owned boat sales, as well as yacht brokerage and service & parts. “We are excited to have resumed our successful acquisition strategy with the ...

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OneWater Marine Inc. announces Q4 and full-year results for 2020

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OneWater Marine Inc. announced results for its fiscal fourth quarter and full-year ended September 30, 2020. “The OneWater team delivered exceptional results in our first year as a publicly traded company, including record full year revenues and profitability. Our performance highlighted the strength of our team and its execution, as well as our industry-leading market position. Our investments in innovative ...

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OneWater Marine launches hurricane relief fund

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OneWater Marine Inc. announced that it has launched HurricaneReliefNow.com to raise money for its neighbors affected by the recent hurricanes to impact the Gulf Coast. The company said that while none of the OneWater dealerships sustained damage, some of its team members and customers did. OneWater Marine CEO Austin Singleton sent the following statement out as a call to action for ...

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OneWater Marine Inc. reports 49% revenue increase for Q3

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OneWater Marine Inc. announced results for its fiscal third quarter ended June 30, 2020. Revenue for the fiscal third quarter 2020 was $408.3 million, an increase of 48.6% compared to $274.8 million in fiscal third quarter 2019, which the company said was primarily driven by an increase in unit sales of new and pre-owned boats and to a lesser degree, ...

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