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OneWater Marine Q1 Earnings Call Highlights
['Kim Johansen']
Markets Daily
As part of portfolio optimization, Singleton said OneWater decided to sell certain distribution segment assets it views as no longer core to its long-term strategy.
Executives also said industry inventory is normalizing and highlighted improved availability of trade-ins, which has supported pre-owned sales.
About OneWater Marine (NASDAQ:ONEW)OneWater Marine Inc (NASDAQ: ONEW) is a leading U.S.-based recreational boat retailer offering a comprehensive range of marine products and services.
OneWater Marine focuses on delivering a full-service customer experience, from initial boat selection to long-term maintenance and support.
Through its dealership network, OneWater Marine markets new and pre-owned powerboats and personal watercraft from top manufacturers.