Lazydays Holdings, Inc. (GORV) Q3 2024 Earnings Call Transcript Summary
Lazydays Holdings, Inc. (GORV) Q3 2024 Earnings Call Transcript Summary
New unit sales declined by 18.6%, with gross profit per unit down 26.1%, and ASP decreased by 13.1% due to a shift towards towables.The following is a summary of the Lazydays Holdings, Inc. (GORV) Q3 2024 Earnings Call Transcript:
以下是Lazydays Holdings, Inc. (GORV) 2024年第三季度业绩会的总结：
Financial Performance:
财务表现：
Q3 2024 total revenue was $213.5 million, a decline of 23.9% compared to the previous year.
Gross profit for Q3 2024 was $45.3 million, down by $9.1 million or 16.8% from the previous year, with a gross margin of 21.2%, up by 180 basis points.
New unit sales declined by 18.6%, with gross profit per unit down 26.1%, and ASP decreased by 13.1% due to a shift towards towables.
Pre-owned retail unit sales decreased by 6.7%, with gross profit per unit decreasing by 23.6%.
Finance and insurance revenue decreased by 0.8%, but average gross profit per unit in this category grew by 15.9%.
2024年第三季度总营业收入为21350万，较去年下降23.9%。
2024年第三季度毛利润为4530万，较去年下降910万，下降幅度为16.8%，毛利率为21.2%，上升了180个基点。
新单元销量下降18.6%，每单元毛利润下降26.1%，平均销售价格（ASP）因向拖车的转变减少了13.1%。
二手零售单元销售减少6.7%，每单元毛利润下降23.6%。
融资和保险营业收入下降0.8%，但该类别的每单元平均毛利润增长了15.9%。
Business Progress:
业务进展：
Lazydays is undergoing transformative transactions to strengthen its financial foundation and streamline operations, selling seven dealerships and one asset, raising capital through a $30 million equity PIPE, and launching a $25 million rights offering.
Executed an amendment to the credit facility, enhancing financial flexibility through the first quarter of 2026.
lazydays正在进行变革性交易，以加强其财务基础和简化运营，出售七个经销商和一项资产，通过3000万美金的股权PIPE筹集资金，并推出2500万美金的认购权发行。
对信贷设施进行了修订，增强了2026年第一季度的财务灵活性。
Opportunities:
机会：
The company sees improvement opportunities in the pre-owned units market, anticipating better supply conditions and capital accessibility to enhance margins.
公司在二手单位市场看到改善机会，预计供应条件和资金可及性将改善，从而提升毛利率。
Risks:
风险：
Impact of weather events (Hurricane Helene and Hurricane Milton) led to the loss of approximately 10 sales days affecting revenue.
天气事件（赫勒娜飓风和米尔顿飓风）的影响导致大约10个销售日的损失，进而影响了营业收入。
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提示：本文由人工智能生成。内容准确性无法完全保证。如需更全面详情，请参阅IR网站。本文仅供投资者参考，不具有任何指导或推荐建议。