secwatch.observer — SEC 8-K summary
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Issuer:     OneWater Marine Inc. (ONEW)
CIK:        0001772921
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001772921-24-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneWater posts Q1 net loss $8M, revenue down 1% to $364M; guides FY same-store sales up low-to-mid single digits
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- GAAP net loss of $8.0M ($0.49 diluted loss); adjusted diluted loss per share $0.38.
- Revenue $364M (-1% YoY); same-store sales +2%; gross margin 25.1% vs 30.0% a year ago.
- Adjusted EBITDA $7.1M, down 76.6% from $30.4M in Q1 2023.
- FY 2024 guidance reaffirmed: Adj EBITDA $130-155M, EPS $3.25-$3.75; same-store sales up low-to-mid single digits.
- Total liquidity >$65M (cash $44.6M); long-term debt $439.8M; inventory $706.8M up seasonally.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772921/000177292124000015/0001772921-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772921/000177292124000015/onew-20240201.htm
  HTML page:      https://secwatch.observer/filing/0001772921-24-000015

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