Lazydays Holdings(GORV)

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LAZYDAYS REPORTS THIRD QUARTER 2024 RESULTS
Prnewswire· 2024-11-19 00:29
Core Viewpoint - Lazydays Holdings, Inc. reported challenging financial results for Q3 2024, with a significant decline in revenue and increased net losses, but expressed optimism due to recent recapitalization efforts aimed at strengthening the company's financial position and operational focus [2]. Financial Performance - Total revenue for Q3 2024 was $213.5 million, down from $280.7 million in Q3 2023, representing a decrease of 23.9% [2][5]. - For the nine months ended September 30, 2024, total revenue was $722.7 million, compared to $884.7 million for the same period in 2023, a decline of 18.3% [2][5]. - The net loss for Q3 2024 was $17.7 million, compared to a net loss of $5.6 million in Q3 2023 [2][5]. - Adjusted net loss for Q3 2024 was $16.2 million, compared to an adjusted net loss of $2.9 million in Q3 2023 [2][5]. - For the nine months ended September 30, 2024, the net loss was $83.9 million, compared to a net loss of $2.3 million for the same period in 2023 [2][5]. Operational Highlights - The company completed recapitalization transactions that are expected to enhance liquidity and streamline its dealership network, positioning Lazydays for a more agile future in the RV industry [2]. - The average selling price for new vehicles decreased by 12.0% to $77,240 in Q3 2024 from $87,733 in Q3 2023 [10]. - Retail units sold for new vehicles decreased by 18.6% to 1,666 units in Q3 2024 compared to 2,046 units in Q3 2023 [8]. Cost and Profitability Metrics - Total cost applicable to revenues for Q3 2024 was $168.2 million, down from $226.2 million in Q3 2023, a decrease of 25.7% [6]. - Gross profit for Q3 2024 was $45.3 million, compared to $54.4 million in Q3 2023, reflecting a decline of 16.8% [6]. - The total gross profit margin for Q3 2024 was 21.2%, up from 19.4% in Q3 2023 [8]. Market Position and Strategy - Lazydays has been a significant player in the RV industry since 1976, focusing on exceptional RV sales, service, and ownership experiences [2]. - The company aims to leverage its streamlined balance sheet and enhanced liquidity to navigate the evolving RV landscape and maintain its commitment to industry leadership [2].
Lazydays Holdings(GORV) - 2024 Q3 - Quarterly Report
2024-11-18 21:48
Table of Contents Delaware 82-4183498 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 001-38424 Lazydays Holdings, Inc. (Exact Name of Registrant as Sp ...
LAZYDAYS ANNOUNCES SCHEDULE FOR THIRD QUARTER 2024 EARNINGS RELEASE, CONFERENCE CALL, AND SEC FORM 10-Q FILING
Prnewswire· 2024-11-16 01:06
Core Viewpoint - Lazydays Holdings, Inc. is set to release its third-quarter fiscal year 2024 results on November 18, 2024, followed by a conference call on November 19, 2024, to discuss the results and recent strategic asset sales [1][2]. Company Overview - Lazydays has been a significant player in the RV industry since 1976, known for exceptional RV sales, service, and ownership experiences [3]. - The company offers a wide selection of RV brands, state-of-the-art service facilities, and a comprehensive range of accessories and parts, positioning itself as a go-to destination for RV enthusiasts [4]. Upcoming Events - The third-quarter results will be publicly available after market close on November 18, 2024, with an SEC Form 10-Q filing on the same day [1]. - A conference call is scheduled for November 19, 2024, at 8:30 a.m. Eastern Time to discuss the results and the comprehensive recapitalization and strategic asset sales [2].
Lazydays Holdings(GORV) - 2024 Q2 - Earnings Call Presentation
2024-08-19 09:12
INVESTOR PRESENTATION LAZYDAYS August 2024 LAZYDAYS.COM LEGAL DISCLAIMER 02 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
Lazydays Holdings(GORV) - 2024 Q2 - Earnings Call Transcript
2024-08-16 16:58
Lazydays Holdings, Inc. (NASDAQ:GORV) Q2 2024 Earnings Conference Call August 16, 2024 8:30 AM ET Company Participants Kelly Porter - Chief Financial Officer John North - Chief Executive Officer Amber Dillard - Vice President, Operations Conference Call Participants Daniel Moore - CJS Securities Griffin Brian - D.A. Davidson Operator Greetings and welcome to the Lazydays Holdings Second Quarter 2024 Conference Call. As a reminder, this conference is being recorded. It is now my pleasure to introduce your ho ...
Lazydays Holdings(GORV) - 2024 Q2 - Quarterly Results
2024-08-16 00:59
Exhibit 99.1 Tampa, FL (August 15, 2024) – Lazydays (NasdaqCM: GORV) today reports results for the second quarter ended June 30, 2024. John North, Chief Executive Officer, commented, "Our team has focused on maintaining healthy vehicle inventory, improving F&I per unit and achieving substantial total gross margin improvement sequentially. However, the seasonal improvement in sales volume we had anticipated to occur in the second quarter did not materialize. On a same-store basis, we saw a decline in both ne ...
LAZYDAYS REPORTS SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-08-16 00:39
TAMPA, Fla., Aug. 15, 2024 /PRNewswire/ -- Lazydays (NasdaqCM: GORV) today reports results for the second quarter ended June 30, 2024. John North, Chief Executive Officer, commented, "Our team has focused on maintaining healthy vehicle inventory, improving F&I per unit and achieving substantial total gross margin improvement sequentially. However, the seasonal improvement in sales volume we had anticipated to occur in the second quarter did not materialize. On a same-store basis, we saw a decline in both ne ...
Lazydays Holdings(GORV) - 2024 Q2 - Quarterly Report
2024-08-14 22:33
Table of Contents Delaware 82-4183498 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 001-38424 Lazydays Holdings, Inc. (Exact Name of Registrant as Specifi ...
LAZYDAYS SCHEDULES RELEASE OF SECOND QUARTER RESULTS
Prnewswire· 2024-08-12 21:49
TAMPA, Fla., Aug. 12, 2024 /PRNewswire/ -- Lazydays Holdings, Inc. (NasdaqCM: GORV) will announce its second quarter 2024 financial results no later than before the market opens on August 16, 2024. A conference call to discuss the results is scheduled for the same day at 8:30 a.m. Eastern Time. How to Participate The conference call may be accessed by telephone at 877-407-8029 / +1 201-689-8029. To listen live on our website or for replay, visit www.lazydays.com/investor-relations. About Lazydays Lazydays h ...
Lazydays Holdings(GORV) - 2024 Q1 - Earnings Call Transcript
2024-05-16 19:34
Lazydays Holdings, Inc. (NASDAQ:GORV) Q1 2024 Earnings Conference Call May 16, 2024 8:30 AM ET Company Participants Kelly Porter - Chief Financial Officer John North - Chief Executive Officer Amber Dillard - Vice President, Operations Conference Call Participants Steve Dyer - Craig-Hallum Mike Swartz - Truist Securities Brandon Rolle - D.A. Davidson Operator Greetings, and welcome to the Lazydays Holdings First Quarter 2024 Conference Call. As a reminder, this conference is being recorded. It's now my pleas ...