Company: ONEW
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001772921-25-000025
Chunk: 9

Company: OneWater Marine Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part II, Item 1A
Chunk 9
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 compression or inventory shortfalls if costs increase or global supply chain availability declines.

Additionally, uncertainty surrounding U.S. trade policy, including the potential for retaliatory tariffs or escalating trade disputes, may create volatility in pricing or lead to disruptions in the flow of goods. If our suppliers are unable to absorb increased costs or if we are unable to pass those costs on to customers without negatively impacting demand, our gross margins and overall profitability could be adversely affected. Any material disruption to our ability to source boats, components, or parts in a timely or cost-effective manner—whether for new sales, warranty obligations, or aftermarket and distribution operations—could have a material adverse effect on our business, financial condition and results of operations.

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds

Issuer's Purchases of Equity Securities

On March 30, 2022, the Board authorized a share repurchase program of up to $50 million of outstanding shares of Class A common stock. Repurchases under the share repurchase program may be made at any time or from time to time, without prior notice, in the open market or in privately negotiated transactions at prevailing market prices, or such other means as will comply with applicable state and federal securities laws and regulations, including the provisions of the Exchange Act, including, to the extent practicable or advisable, Rule 10b5-1 and Rule 10b-18 thereunder, and consistent with the Company’s contractual limitations and other requirements. The Company made no repurchases in the three months ended March 31, 2025. The Company has $48.1 million remaining under the share repurchase program.

Item 3.    Defaults Upon Senior Securities

None.

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Table of Content

Item 4.    Mine Safety Disclosures

Not Applicable. 

Item 5.    Other Information

None.

Item 6.    Exhibits

Exhibit No.Description*31.1Certification of the Chief Executive Officer required by Rule 13a-14(a) or Rule 15d-14(a).*31.2Certification of the Chief Financial Officer required by Rule 13a-14(a) or Rule 15d-14(a).**32.1Certification of the Chief Executive Officer required by Rule 13a-14(b) or Rule 15d-14(b) and 18 U.S.C. 1350.**32.2Certification of the Chief Financial Officer required by Rule