Tag Archives: OneWater

OneWater completes PartsVu acquisition

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OneWater Marine Inc. announced that it has completed the previously announced acquisition of PartsVu (“PartsVu”), an online marketplace for OEM marine parts, electronics and accessories. PartsVu enhances the Company’s presence in the marine parts and accessories sector while helping reduce exposure to the cyclicality of boat sales. “We are thrilled to officially welcome the PartsVu team to the OneWater family ...

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OneWater completes Stone Harbor Marina acquisition

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OneWater Marine Inc. announced that it has completed the previously announced acquisition of Stone Harbor Marina (“Stone Harbor”). OneWater said Stone Harbor enhances the Company’s presence in the northeastern U.S. and expands new and pre-owned boat sales, storage, service and repair, and finance and insurance offerings. “We are elated to officially welcome Tom Russell and the Stone Harbor team into the OneWater ...

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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 names new managing director of Roscioli Yachting Center

James Brewer named head of Roscioli Yachting Center

OneWater Marine Inc. announced that marine industry veteran James Brewer will join the company as managing director of the Roscioli Yachting Center in Fort Lauderdale, effective July 12, 2021. In this role, Brewer will lead strategy, planning and execution, as well as business development for the Roscioli Yachting Center within the OneWater Yacht Group. “James is a legend in 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 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 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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