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: 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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
