OneWater Reports Q2 2026 Earnings with Revenue Decline and Margin Expansion
OneWater (ONEW) reported Q2 2026 revenue of $442 million, a 9% decline, driven by same-store sales drop and event timing shifts. Despite lower revenue, gross margin expanded to 23.9% due to mix shift and portfolio optimization. The company also noted a net loss of $13 million, up from $375,000, due to lower sales and a noncash trade name impairment.
Topics: Event Timing Impact Gross Margin Net Loss Portfolio Changes Revenue Decline Same-Store Sales