Lazydays Holdings, Inc (LAZY) Reports Q4 Revenues Miss

Lazydays Holdings, Inc (NASDAQ: LAZY) reported Q4 EPS of $. Revenue for the quarter came in at $125.9 million versus the consensus estimate of $132.87 million.

"Given the difficult industry conditions in the fourth quarter, we are pleased with our performance during the quarter," stated Mr. William Murnane, Chairman and Chief Executive Officer of Lazydays. "We are also excited to have continued our geographic expansion by closing on our acquisition in Knoxville, Tennessee. Our Minnesota and Tennessee dealerships contributed little to fourth quarter sales and are not expected to contribute much in the first quarter of 2019 given the seasonality of these locations. However, these two new locations should have a much more meaningful impact on Q2 and Q3 in 2019. Moreover, these dealerships along with our planned greenfield dealership in Nashville, expands Lazydays' footprint into new fast-growing markets and diversifies our revenue base geographically."

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

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