{"schema_version":"secwatch.filing_event.v1","accession":"0001772921-23-000034","form_type":"8-K","ticker":"ONEW","cik":"0001772921","company_name":"OneWater Marine Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.180737+00:00","generated_at":"2026-06-12T09:00:10.626723+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"OneWater Marine Q3 net income halved to $33.3M; lowers FY2023 Adjusted EBITDA guidance","bullets":["Revenue $594.3M (+4.5% YoY), but net income fell to $33.3M from $64.5M; diluted EPS $1.95 vs $3.86.","Gross profit margin dropped 550 bps to 26.8% due to accelerated pricing normalization; service/parts/other revenue grew 23% to $92.2M.","Adjusted EBITDA of $59.8M, down 37% from $95.1M; existing boat inventory surged to $572.9M vs $269.4M a year earlier.","FY2023 guidance: same-store sales flat, Adjusted EBITDA $160-170M (down from prior? not disclosed but implied lower) and diluted EPS $4.45-4.70.","CEO cites 'deteriorating selling environment' and faster-than-expected industry normalization pressuring margins."],"urls":{"canonical":"https://secwatch.observer/filing/0001772921-23-000034","json":"https://secwatch.observer/filing/0001772921-23-000034.json","markdown":"https://secwatch.observer/filing/0001772921-23-000034.md","text":"https://secwatch.observer/filing/0001772921-23-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1772921/000177292123000034/0001772921-23-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1772921/000177292123000034/onew-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T09:00:10.626723+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3b58b1d9ca52786d76a72f8a0e1b1ff1ceca7462","claim":"OneWater Marine Inc. reported quarter ended June 30, 2023 results: revenue $594,339, net income $33,300, EPS $1.95.","evidence_excerpt":"(5,241) (1.4) % Pre-owned boat 111,469 98,181 13,288 13.5 % Finance & insurance income 19,028 18,979 49 0.3 % Service, parts & other 92,197 74,854 17,343 23.2 % Total revenues $ 594,339 $ 568,900 $ 25,439 4.5 % Fiscal Third Quarter 2023 Results Revenue for fiscal third quarter 2023 was $594.3 million, an increase of 4.5% compared to $568.9 million in fiscal third","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1772921/000177292123000034/0001772921-23-000034-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Revenue","value":"$594,339"},{"label":"Net income","value":"$33,300"},{"label":"EPS","value":"$1.95"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ab40dc75485622f8e008a1f3e20314f5f699d944","claim":"OneWater Marine Inc. reported quarter ended June 30, 2022 results: revenue $568,900, net income $64,500, EPS $3.86.","evidence_excerpt":"% Pre-owned boat 111,469 98,181 13,288 13.5 % Finance & insurance income 19,028 18,979 49 0.3 % Service, parts & other 92,197 74,854 17,343 23.2 % Total revenues $ 594,339 $ 568,900 $ 25,439 4.5 % Fiscal Third Quarter 2023 Results Revenue for fiscal third quarter 2023 was $594.3 million, an increase of 4.5% compared to $568.9 million in fiscal third quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1772921/000177292123000034/0001772921-23-000034-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2022"},{"label":"Revenue","value":"$568,900"},{"label":"Net income","value":"$64,500"},{"label":"EPS","value":"$3.86"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}