earnings
confidence high
sentiment negative
materiality 0.75
OneWater Q1 revenue up 3% to $376M; net loss widens to $0.81 per share
OneWater Marine Inc.
- Revenue $375.8M (+3.2% YoY); same-store sales +4.2% on higher unit sales.
- GAAP net loss $13.6M ($0.81 diluted EPS); adjusted diluted loss $0.54.
- Gross margin 22.4% (down 270bps) pressured by brand exits; F&I income helped offset.
- Inventory down 9.9% to $636.7M; total liquidity >$40M.
- FY2025 guidance maintained: revenue $1.7-1.85B, adj EBITDA $80-110M, adj EPS $1-2.