OneWater Marine Expects FY24 Dealership Same-store Sales To Be Up Low To Mid-single Digits; Adjusted EBITDA $130M-155M; Earnings Per Diluted Share $3.25-$3.75
Portfolio Pulse from Benzinga Newsdesk
OneWater Marine anticipates an increase in FY24 dealership same-store sales in the low to mid-single digits range. The company also projects its adjusted EBITDA to be between $130M and $155M, with earnings per diluted share expected to range from $3.25 to $3.75.
February 01, 2024 | 12:13 pm
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OneWater Marine projects an increase in FY24 same-store sales, adjusted EBITDA between $130M-$155M, and earnings per share of $3.25-$3.75.
The positive forecast for FY24 same-store sales growth and the expected increase in adjusted EBITDA and earnings per share indicate a strong financial outlook for OneWater Marine. This optimistic projection is likely to positively influence investor sentiment and potentially lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100