ONEW News and Press, OneWater Marine Inc. From 12/15/21

Quality Boats operates four locations on the west coast of Florida, including Clearwater, Clearwater Beach, Sarasota, and Englewood. The acquisition advances OneWater’s (NASDAQ:ONEW) growth strategy and creates a significant opportunity to introduce additional offerings to Quality...

Transaction Highlights: Together with OneWater’s previous acquisitions, OneWater will expand market share on Florida’s west coast, currently one of the most attractive boating markets in the country Advances OneWater’s growth strategy and creates signifi...

BUFORD, Ga., Dec. 02, 2021 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that it has completed the previously announced acquisition of Norfolk Marine Inc. (“Norfolk Marine”). Norfolk Marine exp...

BUFORD, Ga., Dec. 02, 2021 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that it has completed the previously announced acquisition of T-H Marine, a leading provider of branded marine parts and accessories. ...

Recreational vehicle stocks are moving higher as more data suggests demand will stay strong next year. The RV Industry Association says a recent survey indicates that 72M Americans plan on taking an RV trip in the next year in an RV they rent, own or borrow. That mark is up noticeably from 61...

Monro has not fared well in recent months, with investor pessimism pushing the firm's share price down. This is despite some strong performance management reported recently that indicates the future for the business is bright. Shares are lofty relative to the competition, but they...

830 bps gross margin increase, 276% net income growth. Strong demand for boats continues. EPS guidance for FY09/22 upped to $7.20 - $7.50 [without factoring recent acquisitions]. Acquisition of T-H Marine to be earnings-accretive. 6.7x FY09/22 pro-forma P/E, 18.0% FCF yiel...

Boat sales fell 21% Y/Y in October and has now decreased 9% YTD, according to Statistical Surveys. The data includes information from 38 states, representing 78% of the market. The ski/wake segment, a key segment for MasterCraft Boat Holdings (MCFT -0.4%) and Malibu Boats (MBUU +0.8%), decrea...

OneWater Marine went public in early 2020. The firm sells recreational boats and related parts, accessories and services. ONEW has performed enviably during and after the 2020 pandemic, but continues to deal with supply chain limitations. The company will likely face margin co...

General Motors (GM +3.2%) announces that it took a 25% stake in electric outboard motor player Pure Watercraft in an effort to extend the company's zero-emissions goal beyond just automotive applications. The auto giant says the collaboration will leverage Pure Watercraft’s innovative ...