Lazydays Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 08, 2024 at 06:30 am EST
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Lazydays Holdings, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 198.03 million compared to USD 243.49 million a year ago. Net loss was USD 107.97 million compared to USD 1.4 million a year ago. Basic loss per share from continuing operations was USD 7.59 compared to USD 0.24 a year ago. Diluted loss per share from continuing operations was USD 7.59 compared to USD 0.24 a year ago.
For the full year, revenue was USD 1,082.75 million compared to USD 1,326.96 million a year ago. Net loss was USD 110.27 million compared to net income of USD 66.39 million a year ago. Basic loss per share from continuing operations was USD 8.41 compared to basic earnings per share from continuing operations of USD 3.47 a year ago. Diluted loss per share from continuing operations was USD 8.45 compared to diluted earnings per share from continuing operations of USD 2.42 a year ago.
Lazydays Holdings, Inc. is a holding company. The Company operates recreational vehicle (RV) dealerships and offers a portfolio of products and services for RV owners and outdoor enthusiasts. The Company provides a spectrum of RV products: new and pre-owned RV sales, RV-parts and service, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities. It provides these offerings through its Lazydays branded dealerships. It operates approximately 24 Lazydays dealership and service locations across 15 states. Its RV brands include Forest River, Thor, and East to West, among others. It also has dealerships located at the Villages, Florida; Tucson and Phoenix, Arizona; Minneapolis, Minnesota; Knoxville, Nashville and Maryville, Tennessee; Loveland and Denver, Colorado; Elkhart and Burns Harbor, Indiana; Portland, Oregon; Vancouver, Washington, and Milwaukee, Wisconsin. It also has a service center location near Houston, Texas.
LAZYDAYS HOLDINGS, INC. 
