Tag Archives: OneWater Marine Inc.

OneWater announces management changes

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OneWater Marine Inc. has announced a series of organizational realignments, which the company says will position the business closer to its customers, and increase its agility to capture near- and long-term growth opportunities. “Leveraging our deep bench of leadership talent, these actions will further enhance OneWater’s agility and continued commitment to maintaining the unique individuality of the local dealership groups, ...

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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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OneWater Marine posts big revenue increase

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OneWater Marine Inc. reports that for the fiscal third quarter-to-date ended May 31, 2020, revenue increased in excess of 30% and same-store-sales topped 25% compared to the prior year. Despite several stores being impacted by government shelter-in-place orders, both sales and same-store-sales continue to exceed the expectations. The company also said they remain optimistic that these positive sales trends will ...

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OneWater reports increased revenue for Q2

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OneWater Marine Inc. announced results for its fiscal second quarter ended March 31, 2020. “Rising second quarter sales and a proven, adaptable business model contributed to a strong fiscal second quarter. Same-store sales through mid-March outpaced the prior year delivering approximately 10% growth year-over-year, but slowed significantly in the last two weeks of March as the COVID-19 pandemic spread across ...

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OneWater Marine reports Q1 2020 results

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OneWater Marine Inc. (NASDAQ: ONEW) announced results for its fiscal first quarter ended Dec. 31, 2019. “Following a successful initial public offering earlier this month, we are thrilled to report a strong start to our fiscal year 2020. Since its inception in 1987, OneWater has executed a strategy that blends organic growth and strategic acquisitions. We believe that this strategy, ...

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OneWater launches IPO

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OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater”) announced the pricing of an initial public offering of its Class A common stock. “Today is a significant milestone for OneWater as we embark on the next chapter of our business as a publicly traded company. Since our inception in October 2014, OneWater has experienced tremendous growth, and we couldn’t have achieved that without ...

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