NASDAQ$GORV

Lazydays Holdings Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Announced third quarter results, which were impacted by economic and industry-wide demand headwinds, but the company is encouraged by the completion of recapitalization transactions.

Lazydays Holdings reported a challenging third quarter with a decrease in total revenue to $213.5 million compared to $280.7 million in the same period last year. The company experienced a net loss of $17.7 million, compared to a net loss of $5.6 million in the same period of 2023. However, the company is optimistic due to the completion of recapitalization transactions.

  • Total revenue for the third quarter was $213.5 million, a decrease from $280.7 million in the same period in 2023.
  • Net loss for the third quarter was $17.7 million, compared to a net loss of $5.6 million for the same period in 2023.
  • Adjusted net loss was $16.2 million, compared to an adjusted net loss of $2.9 million for the same period in 2023.
  • The company completed recapitalization transactions to fortify its financial foundation and operational focus.

Headline financials

Total Revenue

$213M

Previous: $281M-23.9%
EPS

-$1.37

Previous: -$0.29-372.4%
Capital Expenditures

-$19.4M

Previous: -$74.4M+73.9%
Free Cash Flow

$79.2M

Previous: -$34M+332.9%
Net Income

-$17.7M

Previous: -$5.59M-216.2%
Operating Income

-$5.66M

Previous: $1.59M-456.1%
Gross Profit

$45.3M

Previous: $54.4M-16.8%
Cash & Equivalents

$13.5M

Previous: $32.9M-58.9%
Total Assets

$736M

Previous: $916M-19.6%
Stock-Based Comp

$391K

Previous: $428K-8.6%

Revenue & EPS history

Lazydays · Revenue · Quarterly

$213M

Q3 2024-23.9%vs Q3 2023
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Revenue by segment

Lazydays · $266M total across 4 segments · Q3 2023

  • New Vehicle Retail
    $173M
  • Pre-Owned Vehicle Retail
    $75.1M
  • Finance and Insurance
    $16.5M
  • Vehicle Wholesale
    $2.06M

Forward guidance

The company did not provide specific forward guidance in this earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-2.5%

Avg return

Earnings day

-9.6%

Avg return

5 days after

-12.6%

Avg return

30 days after

34%

10 / 29 earnings

Positive

+23.4%

Q1 2020

Best reaction

-30.8%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-19.6%-30.4%
Q2 2025-3.6%-16.2%-41.8%
Q1 2025-14.2%+17.1%+53.5%
Q4 2024-30.8%-52.1%-57.9%
Q3 2024-20.3%-9.8%-32.0%
Q2 2024-7.6%-22.6%-40.6%
Q1 2024-4.4%-1.6%-16.4%
Q4 2023+18.2%+18.7%+1.1%
Q3 2023-9.3%-7.3%+18.1%
Q2 2023+4.2%+2.4%-10.1%
Q1 2023-4.8%-9.2%-3.5%
Q4 2022-7.9%-3.9%-8.9%
Q3 2022+8.9%
Q2 2022+1.1%
Q1 2022-1.9%
Q4 2021+17.4%
Q3 2021-2.2%
Q2 2021+18.9%
Q1 2021-7.0%
Q4 2020-4.1%
Q3 2020+6.9%
Q2 2020-3.7%
Q1 2020+23.4%
Q4 2019-21.5%
Q3 2019+14.4%
Q2 2019+3.4%
Q1 2019-5.6%
Q4 2018-7.7%
Q3 2018-14.3%

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