earnings
confidence high
sentiment positive
materiality 0.85
OneWater Marine Q2 revenue up 34% to $442M, EPS $2.54, up 39% YoY
OneWater Marine Inc.
- Net income $42M (+38%); diluted EPS $2.54 (+39%); Adjusted EBITDA $66M (+65%).
- Same-store sales rose 8%; gross margin expanded 530 bps to 32.2%.
- Completed acquisitions of JIF Marine and YakGear; announced a third acquisition.
- Inaugural share repurchase program authorized; Board confident in long-term value.
- Service, parts & other revenue surged 178% to $61.3M.