Tag Archives: OneWater Marine

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 to acquire Naples Boat Mart

OneWater Marine Inc. has reached an agreement to acquire the assets of Naples Boat Mart, which will expand the company’s presence on the West Coast of Florida and enhance new and pre-owned boat sales, storage, service and repair, and finance and insurance offerings. The transaction is expected to close in the fourth quarter of 2021. A third-generation family owned and ...

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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 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 announces new CTO

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OneWater Marine Inc. has named David K. Witty Chief Technology Officer. In his new role, Witty will focus on expanding the company’s growing digital infrastructure with integrated marketing to enhance the customer experience, as well as to provide tools for the OneWater team to facilitate future growth. “This announcement reflects the importance OneWater places on embedding and leveraging proprietary technology ...

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OneWater Marine announces public stock offering

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OneWater Marine Inc. announced it has launched an underwritten public offering of 3,170,868 shares of its Class A common stock. OneWater intends to use the net proceeds of this offering for working capital and general corporate purposes, including the expansion of its business and general and administrative matters. OneWater will not receive any of the proceeds from the sale of ...

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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 Inc. announces new board members

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OneWater Marine Inc. announced that Anthony Aisquith and Bari Harlam have been appointed to the company’s Board of Directors. “We are thrilled to welcome Anthony and Bari to the Board of Directors. Their combined knowledge will be instrumental as we navigate today’s challenging environment and execute our long-term growth strategy. Anthony’s deep marine industry expertise and proven leadership will further ...

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