Brian Griffin's questions to OneWater Marine Inc (ONEW) leadership • Q1 2025
Question
Brian Griffin of D.A. Davidson & Co. inquired about the promotional environment at recent boat shows and what the company is hearing from OEMs regarding potential tariffs.
Answer
CEO Philip Singleton and President/COO Anthony Aisquith characterized the promotional environment as steady, with manufacturers remaining highly supportive of efforts to clear aged inventory. On tariffs, CFO Jack Ezzell noted a 'wait-and-see' approach from OEMs. Singleton added that while tariffs could have an impact, he believes it would be limited because the bulk of a boat's cost is in the engine and raw materials, which are less likely to be broadly affected.