secwatch.observer — SEC 8-K summary
======================================

Issuer:     OneWater Marine Inc. (ONEW)
CIK:        0001772921
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0001772921-23-000074
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneWater Marine FY2023 revenue up 11% to $1.94B; net loss $39M on $147M impairment; guides FY2024 EBITDA $130-155M
--------------------------------------------------------------------------------

- Revenue $1.94B (+11% YoY); same-store sales +3%; gross margin 27.6% (down 330 bps).
- Net loss $(39.1)M ($(2.69) diluted EPS) due to $147M non-cash impairment; adjusted EPS $5.10.
- Q4 revenue $451M (+13.4%); net loss $(110.9)M; adjusted EPS $0.42 vs $1.68 prior year.
- Adjusted EBITDA FY2023 $167M (-32.4% YoY); FY2024 guidance $130-155M; EPS $3.25-3.75.
- Inventory $609.6M (up 63% YoY); long-term debt $457.8M; liquidity >$100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772921/000177292123000074/0001772921-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772921/000177292123000074/onew-20231116.htm
  HTML page:      https://secwatch.observer/filing/0001772921-23-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer