OneWater Marine Says Hurricane Helene Will Directly Impact Its Operations On The Gulf Coast. Hence, September Sales Will Be Lower Than Anticipated, And The Company Now Expects Its Full-year Results To Come In At The Bottom Or Slightly Below Previously Issued Guidance.
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OneWater Marine announced that Hurricane Helene will impact its Gulf Coast operations, leading to lower-than-expected September sales. The company now anticipates full-year results to be at the bottom or slightly below its previous guidance.
September 26, 2024 | 11:10 am
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OneWater Marine expects lower September sales due to Hurricane Helene's impact on Gulf Coast operations. Full-year results may fall below previous guidance.
The direct impact of Hurricane Helene on OneWater Marine's Gulf Coast operations is expected to reduce September sales. This has led the company to revise its full-year guidance to the lower end or below previous expectations, indicating potential short-term negative impact on stock prices.
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