Despite missing analysts' expectations on gross margin and EPS, the company's results were deemed solid. The stock rose 7.4% post-reporting. Positive signs include same-store sales growth and maintained full year EPS guidance, while decreasing store locations and gross margin raised concerns.
OneWater Marine$OneWater Marine (ONEW.US)$said Thursday it entered into a strategic partnership with electric sport boats producer Forza X1$Forza X1(Delisted) (FRZA.US)$. The marine retailer said that the two companies will create a distribution channel for Forza's boats. Under the agreement, both companies will offer customers the ability to design, order, finance and track their Forza X1 boat purchase through Forza's web and app...
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OneWater Marine Stock Forum
OneWater Marine's $75M Yacht Dealership Acquisition Unlocks Premium HCB Territory
The marine retailer said that the two companies will create a distribution channel for Forza's boats.
Under the agreement, both companies will offer customers the ability to design, order, finance and track their Forza X1 boat purchase through Forza's web and app...
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