earnings
confidence high
sentiment positive
materiality 0.80
OneWater Marine Q3 revenue up 41% to $569M, EPS $3.86, Adj. EBITDA +45%
OneWater Marine Inc.
- Revenue $569M (+41% YoY); same-store sales +12%. Gross margin expanded 90bps to 32.3%.
- Net income $64M (+25%); diluted EPS $3.86 (+27%); Adjusted EBITDA $95M (+45%).
- New boat revenue +30.8%, pre-owned +38.1%, service/parts +152.6%.
- Acquisition of Ocean Bio-Chem closed late in quarter; CEO cites robust consumer demand.