ONEW News & Events

Backs FY26 revenue view $1.83B-$1.93B, consensus $1.88B. Backs FY26 adjusted EBITDA view $65M-$85M. The company said, "For fiscal full-year 2026, OneWater anticipates the industry to be flat to down low single digits year over year based on recent industry trends. The Company is maintaining its previously issued fiscal full-year 2026 outlook. When factoring in the lost revenue from exited brands, the Company expects dealership same-store sales to be flat year over year and total revenue to be in the range of $1.83 billion to $1.93 billion. Adjusted EBITDA is expected to be in the range of $65 million to $85 million and adjusted diluted earnings per share2 is expected to be in the range of $0.25 to $0.75."

Reports Q1 revenue $380.56M, consensus $380.03M. Same-store sales were flat versus prior year period. "We delivered a solid first quarter supported by a strong inventory position and consistent execution across the business. Gross margins were modestly better than we anticipated, driven by favorable model mix and the benefits of portfolio optimization efforts, which we expect to be realized in various amounts throughout the year. As the first quarter is seasonally our smallest, our focus remains on disciplined execution as industry conditions begin to improve. Supported by a healthy inventory mix and improved aging profile, we believe we are well positioned to execute on our priorities of higher profitability and improved balance sheet leverage," commented Austin Singleton, executive chairman at OneWater.

Sees FY26 adjusted EBITDA $1.83B-$1.93B. The company said, "For fiscal full-year 2026, OneWater anticipates industry-wide unit sales to be flat year over year. When factoring in the lost revenue from exited brands, the Company expects dealership same-store sales to be flat year over year and total revenue to be in the range of $1.83 billion to $1.93 billion. Adjusted EBITDA2 is expected to be in the range of $65 million to $85 million and adjusted diluted earnings per share is expected to be in the range of $0.25 to $0.75."