Lazydays Holdings, Inc (LAZY) Reports Q1 Revenues Above Estimates

Lazydays Holdings, Inc (NASDAQ: LAZY) reported Q1 revenue for the quarter came in at $173.1 million versus the consensus estimate of $170.62 million.

"Despite the continued difficult industry conditions in the first quarter along with severe weather in our Minnesota, Tennessee and Colorado markets, we are generally pleased with our performance," stated Mr. William Murnane, Chairman and Chief Executive Officer of Lazydays. "Notwithstanding weaker demand and lower volume, we were able to maintain our margins. Moreover, we reduced our same store RV inventory to slightly below March 2018 levels and believe our inventory is well positioned and properly balanced. We are also very pleased with our strong cash flow in the quarter."

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

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