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OneWater Marine (ONEW)
NASDAQ:ONEW
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
1.18Last Year’s EPS
1.05Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: -7.93%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging quarter with some positive aspects such as market share gains and successful inventory reduction. However, the decline in new boat sales, challenged margins, and increased expenses reflect significant challenges. Despite improvements in some areas, overall guidance was revised downward reflecting ongoing uncertainties.Company Guidance
During the fiscal second quarter 2025 earnings call for OneWater Marine Inc., the company provided updated guidance amid challenging macroeconomic conditions. They anticipate total sales for 2025 to be in the range of $1.7 billion to $1.8 billion, with same-store sales expected to be flat to down in the low single digits, against an industry backdrop that could decline by 10% to 15%. Adjusted EBITDA is forecasted to be between $65 million and $95 million, and adjusted earnings per diluted share are projected to range from $0.75 to $1.25. Despite a 1% revenue decrease to $484 million compared to the previous year, pre-owned boat sales increased by 14% to $90 million, while new boat sales dropped by 5% to $310 million. Additionally, the company reduced inventory by 12% year-over-year and 5% sequentially, thanks to strategic planning and brand rationalization efforts. Gross profit fell from $120 million in 2024 to $110 million in 2025, with selling, general, and administrative expenses rising by 1% to $88 million. The company ended the quarter with liquidity exceeding $74 million and a total inventory of $602 million. Despite a net loss of $375,000 for the quarter, OneWater Marine remains focused on reducing leverage and aligning its cost structure with retail activity.Market Share Gain Despite Industry Decline
OneWater Marine's same-store sales declined by 2%, outperforming an industry decline of over 10%, indicating a gain in market share.
Successful Inventory Reduction
Inventory was reduced by 12% year-over-year and 5% sequentially, outpacing the industry and strengthening long-term position.
Strong Pre-Owned Boat Sales
Pre-owned boat sales increased by 14% to $90 million, supported by an increase in trade-ins and trade-ups.
Improved Financial Performance
Net loss for the fiscal second quarter totaled $375,000, a significant improvement from a net loss of $5 million in the prior year.
ONEW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ONEW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | $15.01 | $13.73 | -8.53% |
Jan 30, 2025 | $15.35 | $17.46 | +13.75% |
Nov 14, 2024 | $23.70 | $21.23 | -10.42% |
Jul 30, 2024 | $30.46 | $25.73 | -15.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does OneWater Marine (ONEW) report earnings?
OneWater Marine (ONEW) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is OneWater Marine (ONEW) earnings time?
OneWater Marine (ONEW) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ONEW EPS forecast?
ONEW EPS forecast for the fiscal quarter 2025 (Q3) is 1.18.