Tag Archives: OneWater

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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OneWater Marine announces management changes

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Atlanta-based OneWater Marine launched their 2020 fiscal year with management team changes. Vice president of retail operations, David K. Witty, has been promoted to executive vice president of retail operations; in recognition of his consistent operational leadership while managing rapid growth across all 64 OneWater Marine locations. “Dave’s leadership of our technical infrastructure and software application development has been instrumental ...

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OneWater Marine acquires Caribee Boat Sales

Atlanta-based OneWater Marine Holdings has acquired Caribee Boat Sales and Marina of Islamorada, Fla. Caribee has been serving the Florida Keys since 1947. Details of the acquisition were not disclosed. “We’re excited to welcome Caribee Boat Sales and Marina to the OneWater family of dealerships,” said Austin Singleton, CEO of OneWater Marine. “Bill and his team have built a beautiful ...

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OneWater Marine acquires Ocean Blue Yacht Sales

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Atlanta-based OneWater Marine Holdings has acquired Ocean Blue Yacht Sales of Stuart, Fla. Ocean Blue also operates two additional sales, service, and brokerage locations in West Palm Beach, and Fort Lauderdale. Details of the acquisition were not disclosed. “We’re excited to welcome Ocean Blue to the OneWater family of dealerships,” said Austin Singleton, CEO of OneWater Marine. “Bryan has built ...

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Marine industry members team up for Hurricane Michael relief

In the wake of the category 4 Hurricane Michael, the marine industry is banding together to support those affected by the deadly storm. Cities along the Florida Panhandle were among those hit the hardest as the storm made landfall in early October. From heavy rain and high winds to the following storm surges, Michael caused mass destruction to the area. ...

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