ONEW Earnings Prediction
The chart below shows how ONEW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ONEW sees a +4.98% change in stock price 10 days leading up to the earnings, and a +4.73% change 10 days following the report. On the earnings day itself, the stock moves by -1.94%. This data can give you a slight idea of what to expect for the next quarter's release.
ONEW Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
375.81M
3.24%
-0.54%
Gross Margin
21.23%
-11.39%
-6.10%
Operating Margin
0.19%
-90.91%
-87.90%
Net Margin
-3.62%
65.30%
31.16%
EPS
-0.81
-65.31%
28.57%
No Data Available
ONEW Earnings Analysis
OneWater Marine Inc Corporation (ONEW.O) Earnings Conference Call
Positive
Revenue Increase Analysis: Overall revenue increased 3% to $376 million from $364 million in the prior year, indicating strong financial performance despite industry challenges.
Boat Sales Growth: New boat sales rose 3% to $248 million, while pre-owned boat sales increased 7% to $57 million, showcasing effective sales strategies and customer demand.
Same Store Sales Increase: Same store sales were up 4%, driven by a low double-digit increase in new unit sales, significantly outperforming the industry unit sales decline of approximately 14%.
Finance and Insurance Revenue Growth: Finance and insurance revenue grew 28% to $9 million in Q1, reflecting successful initiatives to enhance service offerings and customer engagement.
Cost Management Efficiency: Selling, general and administrative expenses decreased 1% to $79 million, with SG&A as a percentage of sales down 90 basis points, demonstrating effective cost management and operational efficiency.
Negative
Gross Profit Decline: Gross profit decreased 8% to $84,000,000 in Q1 2025 compared to $91,000,000 in Q1 2024, driven by lower margins from exiting brands and pricing pressures on new and pre-owned boats.
Deteriorating Net Loss: Net loss for Q1 totaled $14,000,000 or $0.81 per diluted share, worsening from a net loss of $8,000,000 or $0.49 per diluted share in the prior year, indicating deteriorating financial performance.
Increased Adjusted Loss: Adjusted loss per diluted share increased to $0.54 compared to an adjusted loss of $0.38 in the prior year, reflecting a decline in profitability.
Service Parts Revenue Decline: Revenue from service parts and other sales decreased 1% to $62,000,000, highlighting challenges in maintaining sales in this segment amid overall revenue growth.
Market Share Decline: Despite a 3% increase in overall revenue, same store sales were only up 4%, significantly lagging behind the industry unit sales decline of approximately 14%, indicating market share loss.
ONEW FAQs
How does ONEW typically perform around its earnings report dates?
Is OneWater Marine Inc (ONEW) Q1 2025 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
ONEW Earning Call Sentiment
Earnings call transcript: Onewater Marine beats Q1 2025 EPS forecast, stock dips
ONEW.O
1.32%Positive
The earnings call highlights several challenges, including high levels of aged inventory, competitive pressures, and inflation affecting profitability. Despite some positive financial metrics, the company reported a net loss and declining gross profit. Management's reluctance to provide clear guidance on certain issues further adds to uncertainty. While there are efforts in cost-saving and strategic acquisitions, the negative factors outweigh the positives, leading to a likely negative stock price reaction.
