Lazydays Holdings, Inc (LAZY) Reports Q2 Revenues Below Consensus

Lazydays Holdings, Inc (NASDAQ: LAZY) reported Q2 rRevenue for the quarter came in at $164.8 million versus the consensus estimate of $172.87 million.

"While we saw increases in volume during the second quarter, our topline revenues were lower driven by a shift toward towables. Despite the lower sales revenue, we were able to improve gross profit based upon our increased unit sales and our sales mix having higher margins as a percent of revenue," stated Mr. William Murnane, Chairman and Chief Executive Officer of Lazydays. Mr. Murnane continued, "We are excited to have completed our first acquisition as a public company. We closed our acquisition of the assets of Shorewood RV Center on August 7th. This is an important milestone for Lazydays as geographic expansion into top tier RV markets is a key element of our growth strategy."

For earnings history and earnings-related data on Lazydays Holdings, Inc (LAZY) click here.

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