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
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. ...
Read More »OneWater announces management changes
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, ...
Read More »OneWater Marine launches hurricane relief fund
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 ...
Read More »OneWater Marine posts big revenue increase
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 ...
Read More »OneWater reports increased revenue for Q2
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 ...
Read More »OneWater Marine reports Q1 2020 results
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, ...
Read More »OneWater launches IPO
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 ...
Read More »OneWater Marine announces management changes
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 ...
Read More »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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