Overview

* OneWater Marine ( ONEW ) fiscal Q4 revenue grows 21.8%, beating analyst expectations

* Adjusted EPS for fiscal Q4 beats consensus

* Adjusted EBITDA for fiscal Q4 increased 123%, exceeding analyst estimates

Outlook

* Company expects fiscal 2026 revenue between $1.83 bln and $1.93 bln, which includes flat unit and dealership sales

* Company projects fiscal 2026 adjusted EBITDA between $65 mln and $85 mln

* Company anticipates fiscal 2026 EPS between $0.25 and $0.75

Result Drivers

* BOAT SALES GROWTH - New and pre-owned boat sales increased significantly due to higher units sold and average prices

* INVENTORY MANAGEMENT - Co maintained healthy inventory levels despite competitive market conditions

* FAVORABLE COMPARISON - Prior year Q4 results were impacted by Hurricane Helene, aiding this year's revenue growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Beat $460.10 $407.58

Revenue mln mln (6

Analysts

)

Q4 Beat $0.44 $0.18 (5

Adjusted Analysts

EPS )

Q4 EPS -$7.22

Q4 Net -$116

Income mln

Q4 Beat $70 mln $19.13

Adjusted mln (6

EBITDA Analysts

)

Q4 Gross 22.60%

Margin

Q4 Gross $103.90

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the recreational products peer group is "buy"

* Wall Street's median 12-month price target for OneWater Marine Inc ( ONEW ) is $17.50, about 11.4% above its November 12 closing price of $15.50

* The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)