Procore signs multi-year strategic collaboration agreement with AWS
Investing.com - Benchmark maintained its Hold rating on OneWater Marine Inc. (NASDAQ:ONEW) following the company’s recent quarterly earnings report. According to InvestingPro data, the company’s stock is currently trading near its Fair Value, with a market capitalization of $271 million and a price-to-book ratio of 0.69.
The marine retailer delivered better-than-expected results for the quarter, initially seeing its stock price rise before those gains were subsequently surrendered in trading.
OneWater Marine demonstrated resilience in a challenging demand environment, posting positive same-store sales growth of 2% compared to an industry decline of approximately 15%.
The company raised its top-line guidance following the results, suggesting improved revenue expectations despite ongoing market headwinds in the marine sector.
Benchmark noted that margin pressures led to lowered AEBITDA and EPS estimates for OneWater Marine, characterizing it as a "mixed quarter overall" while also observing that the selling season remained slow.
In other recent news, OneWater Marine reported its Q3 2025 earnings, which showed a mixed performance. The company announced an adjusted earnings per share (EPS) of $0.79, which was lower than the forecasted $1.18, representing a significant shortfall of 33.05%. However, revenue figures were more positive, surpassing expectations at $553 million compared to the anticipated $532.01 million, marking a 3.95% positive surprise. Additionally, OneWater Marine has made changes to its leadership structure. Austin Singleton has been appointed as Executive Chairman of the Board, solidifying his role in steering the company’s strategic direction. Meanwhile, Anthony Aisquith has been named Chief Executive Officer, reflecting his ongoing leadership in business operations and strategy execution. These developments highlight OneWater Marine’s efforts to align its management structure with its strategic priorities.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.