Education
About Us
Working with TipRanks
Follow Us
Lazydays Holdings (GORV)
NASDAQ:GORV
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: -12.50%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a positive sentiment due to significant debt reduction, improved gross margins, and successful strategic divestitures, despite challenges in sales volumes and a reduction in net sales. The overall operational performance has shown improvement, with a focus on strengthening the balance sheet and enhancing profitability.Company Guidance
During the Lazydays RV Holdings First Quarter 2025 Conference Call, the company outlined significant progress in its strategic initiatives, particularly in optimizing its dealership footprint and enhancing operational performance. They completed the sale of five dealerships to Camping World, reducing debt by approximately $145 million and cutting SG&A expenses by $10 million compared to the previous year. A letter of intent was also signed with General RV Center to divest three additional stores. Operationally, there was a marked improvement with gross profit per unit sold increasing by 39% and total gross profit margin rising to 26% from 19% in the previous quarter. Despite a 36% decrease in new unit sales due to divestitures, the average selling price for new units improved by 15%, and unit sales for used vehicles increased by 19% compared to the previous quarter. The company achieved a gross profit of $44 million, up $6 million year-over-year, while reducing SG&A expenses to $39 million. This strategic restructuring led to a significant reduction in the adjusted EBITDA loss to $4 million from $18 million in the prior year.Debt Reduction and Financial Deleveraging
Lazydays reduced debt by $145 million, including $95 million in floor plan debt, $47 million in mortgage debt, and $2.5 million on the revolving line of credit, significantly deleveraging the business.
Improved Gross Profit Margins
Gross profit margins were up across all product lines, with new vehicle margins improving by 7% to 11% and used vehicle margins improving by 10% to 21% compared to the prior year period.
SG&A Expenses Reduction
SG&A expenses improved to $39 million for the quarter from $49 million in the prior year period, driven by reduced overhead personnel and marketing expenses due to operating seven fewer stores.
Increase in Gross Profit
Gross profit for the quarter was $44 million, an increase of $6 million compared to the prior year period, despite a decrease in net sales.
Successful Store Divestitures
The sale of five dealerships to Camping World and entering into a letter of intent to divest three additional stores helped streamline operations and reduce geographical redundancies.
Sequential Improvement in Unit Sales
Sequential month-over-month improvement in unit sales was noted, with new unit sales up 18% and used unit sales up 19% compared to the fourth quarter of 2024.
---
GORV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
GORV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $0.16 | $0.14 | -12.50% |
Mar 31, 2025 | $0.47 | $0.32 | -31.91% |
Nov 19, 2024 | $1.13 | $0.90 | -20.35% |
Aug 16, 2024 | $2.43 | $2.18 | -10.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Lazydays Holdings (GORV) report earnings?
Lazydays Holdings (GORV) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Lazydays Holdings (GORV) earnings time?
Lazydays Holdings (GORV) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GORV EPS forecast?
Currently, no data Available
---