Company Financials

Acquisitions boost sales and margins at OneWater Marine

>> , by Tony Esposito2023-02-02T15:07:00

Onewater Marine Austin Singleton

But US retailer lowers full-year outlook, anticipating flat to modest same-store sales

US nationwide retailer OneWater Marine saw a 9% increase in revenue during fiscal Q1 while maintaining a strong 30% margin despite a 14% decline in same-store sales and a more “normalised seasonality” returning to the recreational marine market.

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