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年第三季度業績會的總結：
Financial Performance:
財務表現：
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年第三季度總營業收入爲21350萬，較去年下降23.9%。
2024年第三季度毛利潤爲4530萬，較去年下降910萬，下降幅度爲16.8%，毛利率爲21.2%，上升了180個點子。
新單元銷量下降18.6%，每單元毛利潤下降26.1%，平均銷售價格（ASP）因向拖車的轉變減少了13.1%。
二手零售單元銷售減少6.7%，每單元毛利潤下降23.6%。
融資和保險營業收入下降0.8%，但該類別的每單元平均毛利潤增長了15.9%。
Business Progress:
業務進展：
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正在進行變革性交易，以加強其財務基礎和簡化運營，出售七個經銷商和一項資產，通過3000萬美金的股權PIPE籌集資金，並推出2500萬美金的認購權發行。
對信貸設施進行了修訂，增強了2026年第一季度的財務靈活性。
Opportunities:
機會：
The company sees improvement opportunities in the pre-owned units market, anticipating better supply conditions and capital accessibility to enhance margins.
公司在二手單位市場看到改善機會，預計供應條件和資金可及性將改善，從而提升毛利率。
Risks:
風險：
Impact of weather events (Hurricane Helene and Hurricane Milton) led to the loss of approximately 10 sales days affecting revenue.
天氣事件（赫勒娜颶風和米爾頓颶風）的影響導致大約10個銷售日的損失，進而影響了營業收入。
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。內容準確性無法完全保證。如需更全面詳情，請參閱IR網站。本文僅供投資者參考，不具有任何指導或推薦建議。
