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。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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。
