OneWater Marine Inc. (ONEW) to Acquire Garden State Yacht Sales streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Boat and marine products retailer OneWater Marine (NASDAQ:ONEW) reported results in line with analysts' expectations in Q1 FY2024, with revenue flat year on year at $364 million. It made a GAAP loss of $0.49 per share, down from its profit of $0.61 per share in the same quarter last year.
U.S. boat sales which soared during the pandemic are estimated to reach a decade low this year, another victim of higher interest rates.
Americans who were cooped up in their homes and had money .
US Boat Sales Rose in Covid. Now Rates Are Hurting Them bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
U.S. boat sales rose during Covid. Now rates are hurting them. spokesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spokesman.com Daily Mail and Mail on Sunday newspapers.