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Jun 30, 2020
OneWater Marine Q3 2020 Earnings Report
OneWater Marine reported record results with significant growth across all core business segments due to unprecedented retail demand and a resilient business model.
Key Takeaways
OneWater Marine Inc. reported a strong fiscal third quarter 2020 with a 49% increase in revenue to $408.3 million and a 24% increase in net income to $40.6 million. The company experienced unprecedented retail demand, leading to significant growth in new and pre-owned boat sales, as well as finance and insurance income. Same-store sales also saw a record increase of 44%.
Revenue increased 49% to $408.3 million.
Same-store sales improved 44%.
New boat sales increased 59% to $287.0 million.
Net income increased 24% to $40.6 million.
Revenue by Segment
Forward Guidance
Due to the uncertainty of the COVID-19 pandemic, OneWater Marine will not be providing financial guidance for fiscal year 2020, but will provide full-year fiscal 2021 guidance on its fiscal fourth quarter and year-end 2020 earnings conference call later in 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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