OneWater Marine cuts FY26 adjusted EPS view to 20c-70c from 25c-75c

Consensus 57c. Cuts FY26 revenue view to $1.78B-$1.88B from $1.83B-$1.93B, consensus $1.88B. Cuts FY26 adjusted EBITDA view to $60M-$80M from $65M-$85M. The company said, “The Company is updating its previously issued fiscal full year 2026 outlook to reflect the impact of the transaction. 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. 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 $1.78 billion to $1.88 billion. Adjusted EBITDA is expected to be in the range of $60 million to $80 million and adjusted diluted earnings per share is expected to be in the range of $0.20 to $0.70.”