OneWater Marine reports Q2 adjusted EPS 13c, consensus 34c

Reports Q2 revenue $483.52M, consensus $496.04M. “Our teams executed well in a challenging environment. Same store sales decreased 2%, driven primarily by lower sales in the West Coast of Florida which is still recovering from Hurricanes Helene and Milton,” commented Austin Singleton, CEO at OneWater. “We continue to benefit from our strategic approach to inventory management and strong operational execution, which led to a 12% inventory reduction year over year and 5% sequentially.”