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Stock impact report

Automotive and Marine Retail Stocks Q4 In Review: OneWater (NASDAQ:ONEW) Vs Peers [Yahoo! Finance]

OneWater Marine Inc. - Class A (ONEW) 
Company Research Source: Yahoo! Finance
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the automotive and marine retail stocks, including OneWater (NASDAQ:ONEW) and its peers. At their essence, cars and boats get you from point A to point B, but the former is usually a necessity in everyday life while the latter is a luxury or leisure product. The retailers that sell these vehicles therefore cater to different needs and populations. There are also retailers that may not sell cars and boats themselves but the parts and accessories needed to keep these complex machines in tip top shape. The 11 automotive and marine retail stocks we track reported a strong Q4. As a group, revenues beat analysts' consensus estimates by 3.4% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 7.3% since the latest earnings results. OneWater (NASDAQ:ONEW) A public company since early 2020, OneWater Marine (NASDAQ:ON Show less Read more
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