Tag Archives: OneWater

OneWater Marine releases Q1 fiscal results

OneWater

OneWater Marine Inc. has announced results for its fiscal first quarter ended December 31, 2022. “Our first quarter results came in largely as we anticipated as the industry experienced a return to more normalized seasonality, with revenue growing high-single digits, on top of a 57% increase in the prior year. Notably, our high margin service, parts and other sales grew ...

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OneWater completes Harbor View Marine acquisition

OneWater

OneWater Marine Inc. announced today that it has completed the previously announced acquisition of Harbor View Marine. The transaction expands the Company’s presence in the Gulf Coast region and enhances new and pre-owned boat sales, finance, and parts and services offerings. “We are thrilled to welcome Harbor View Marine and their loyal, local following to the OneWater family. The acquisition ...

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OneWater chairman retires from board of directors

OneWater

OneWater Marine Inc. has announced that Chairman of the Board, Mitchell W. Legler, will retire and not stand for re-election at the Company’s 2023 annual meeting of stockholders, in compliance with the Company’s director retirement policy that states directors not be nominated for a new term after reaching age 80. In-line with the Board’s succession plans, the Board appointed current ...

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OneWater releases Q4 results

OneWater

OneWater has announced results for its fiscal fourth quarter and year ended September 30, 2022. Fiscal Year 2022 Highlights Record revenue increased 42% to $1.74 billionSame-store sales increased 12%Gross profit margin expanded 260 basis points to 31.7%Record Net income increased 31% to $153 millionNet income per diluted share attributable to OneWater increased 31% to $9.13Record Adjusted EBITDA1 increased 59% to $248 ...

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OneWater Marine, Sport Fishing Championship announce partnership

OneWater

The Sport Fishing Championship (SFC) and OneWater Marine Inc. recently announced that they have signed a multi-year strategic partnership designed to fully integrate OneWater’s dealership network, online marketplace, products, and services into the SFC. OneWater will join the SFC as a “Corporate Champion” with both companies leveraging SFC’s enterprise-wide assets including on-site tournament activation, signage, media, social, digital, and VIP ...

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OneWater to acquire Harbor View Marine

OneWater

OneWater Marine Inc. announced that it has signed a definitive agreement to acquire Harbor View Marine, one of the Gulf Coast’s largest locally owned dealerships. The acquisition will further expand the Company’s footprint on the Gulf Coast and is expected to enhance new and pre-owned boat sales, finance, and parts and services offerings. The transaction is expected to close in ...

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OneWater completes Taylor Marine Centers acquisition

OneWater

OneWater Marine Inc. announced that it has completed the previously announced acquisition of Taylor Marine Centers. The transaction expands the Company’s presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings. “The acquisition of Taylor Marine Centers is another great addition to our impressive list of strategic acquisitions. This transaction complements our ...

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OneWater acquires Taylor Marine Centers

OneWater

OneWater Marine Inc. has announced that it has reached an agreement to acquire Taylor Marine Centers, which will further expand the Company’s presence in the Mid-Atlantic U.S. The transaction is expected to close in the next 90 days. “Taylor Marine Centers is another great addition to the OneWater family. This acquisition complements our recent acquisition of Norfolk Marine as we ...

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OneWater appoints new board member

OneWater

OneWater Marine Inc. announced the appointment of Steve Roy to the company’s board of directors as an additional independent director, effective as of August 12, 2022. This appointment will increase the size of the board from ten to eleven directors, nine of whom are independent. “We are thrilled to welcome Steve to the board of directors. His financial expertise across ...

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OneWater reports record Q3

OneWater

OneWater Marine Inc. announced results for its fiscal third quarter ended June 30, 2022. "The business is firing on all cylinders, significantly exceeding our expectations. We delivered record results in the fiscal third quarter, with revenues increasing 41% and Adjusted EBITDA rising 45%. Our performance was bolstered by strength across the business, diversity in our model, and a powerful, multi-faceted ...

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