Lazydays Q3 Earnings & Revenues Miss Estimates, Decline Y/Y [Yahoo! Finance]
Lazydays Holdings, Inc. (GORV)
NASDAQ:AMEX Investor Relations:
goldenriverresources.com
Company Research
Source: Yahoo! Finance
Both the top and bottom lines decreased year over year. Following the results, the company's shares declined 5.3% in the after-hours trading session yesterday. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Lazydays reported an adjusted loss per share of $1.27, wider than the Zacks Consensus Estimate of a loss of 89 cents. In the prior-year quarter, the company had reported a loss of 29 cents per share. Total revenues were $213.5 million, lagging the Zacks Consensus Estimate of $228 million. The top line also declined 23.9% year over year. Revenues were hurt by the dismal performance of new vehicle retail, pre-owned vehicle retail, as well as service, body, and parts and other, owing to lower demand. LAZYDAYS HOLDINGS, INC. price-consensus-eps-surprise-chart | LAZYDAYS HOLDINGS, INC. Quote New vehicle retail sales declined 29.3% year over year to $122.3 million. The downside was mainly due to a 13.1% decrease in average selling price per retail uni
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