Streetbeat News

GORV

Lazydays Holdings, Inc.

https://www.lazydays.com

Industry

Auto - Dealerships

Lazydays Holdings, Inc. operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida. The company was founded in 1976 and is based in Tampa, Florida.

Open

0.95

Mkt cap

14M

Volume

198K

High

1.03

P/E Ratio

-0.07

52-wk high

8.15

Low

0.93

Div yield

N/A

52-wk low

0.79

Lazydays has appointed Robert DeVincenzi as Chairman, effective June 9, 2024. DeVincenzi, who is the Lead Independent Director and former Interim-CEO, will succeed Christopher Shackelton, who is stepping down as a director. The Board will now consist of seven directors, six of whom are independent.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:36 am

Lazydays Holdings (NASDAQ: GORV) reported a significant miss in its Q1 2024 earnings, with an adjusted EPS of $(1.63) compared to the analyst estimate of $(0.44). Sales also fell short at $270.586 million against the expected $273.774 million, marking an 8.48% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:47 pm

Lazydays Holdings Inc. has filed for a delay in submitting its 10-K annual report, indicating potential issues in financial reporting or internal processes.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:55 pm

Lazydays Holdings, Inc (NASDAQ:GORV) reported a Q4 revenue decline of 18.7% Y/Y to $198.03 million, missing analyst expectations of $228.02 million. Adjusted EPS showed a loss of $(1.09), also below the consensus of $(0.66). Both new and pre-owned vehicle retail revenues fell, with a notable 27.9% drop in new vehicle sales. The company faced a consolidated gross margin decrease and recorded a $118.0 million non-cash goodwill impairment charge. Despite a challenging Q4, Lazydays anticipates a pre-tax loss in Q1 but expects to return to profitability and achieve positive net income and operational cash flow in 2024. GORV shares rose 4.12% to $3.79 following the announcement.

Portfolio Pulse from Anusuya Lahiri

March 08, 2024 | 1:49 pm

Lazydays Holdings (GORV) reported a significant miss in both Q4 adjusted EPS and sales, with losses per share of $(1.09) against an estimate of $(0.62) and sales of $198.03M against an estimate of $227.72M. This represents a 5350% increase in losses per share and an 18.67% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 11:33 am

Earnings reports are scheduled for March 8, 2024, for several companies across various sectors. Notable mentions include Algonquin Power, Lazydays Hldgs, Genesco, Dixie Gr, Petroleo Brasileiro S.A.- Petrobras, America's Car-Mart, Bio-Path Hldgs, and Central Puerto, with a mix of expected profits and losses.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 10:54 am

Lazydays Hldgs (NASDAQ:GORV) is scheduled to release its quarterly earnings report on March 8, 2024, with analysts expecting an EPS of $-0.62. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to varied stock price reactions. Shares of Lazydays Hldgs have declined 71.07% over the last 52 weeks, indicating a negative sentiment among long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 2:00 pm

In Thursday's intraday session, several consumer discretionary stocks experienced significant movements. Fitell (FTEL) and M.D.C. Holdings (MDC) were among the top gainers, with shares rising 18.5% and 18.28% respectively. On the losing side, QuantaSing Group (QSG) and Century Casinos (CNTY) saw their shares decline by 17.8% and 15.02%. The movements reflect changes in market capitalization for these companies, with impacts on their stock prices.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 5:31 pm

In Thursday's pre-market session, several consumer discretionary stocks showed significant movement. M.D.C. Holdings (MDC) saw an 18% increase, while Dogness (DOGZ), Mondee Hldgs (MOND), Phoenix Motor (PEV), Hamilton Beach Brands (HBB), and Lazydays Hldgs (GORV) also experienced gains. Conversely, Birkenstock Holding (BIRK) dropped by 11.8% after Q4 earnings release, and Kaival Brands Innovations (KAVL), Cazoo Gr (CZOO), Interactive Strength (TRNR), Nova Lifestyle (NVFY), and MGO Global (MGOL) saw their stock prices fall.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 1:06 pm

Lazydays (NasdaqCM: LAZY) announced a nationwide rebranding campaign, including a new visual identity, digital retail experience, and a stock symbol change to 'GORV' effective January 17, 2024. The rebranding includes new logos, colors, and fonts, and the website will feature a mobile interface and Transparency Mode for detailed pricing. The rebrand aims to make the RV lifestyle more accessible and enhance customer experience.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 1:08 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.