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Earnings Call Summary | Lazydays(GORV.US) Q1 2024 Earnings Conference

Earnings Call Summary | Lazydays(GORV.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Lazydays (GORV.US) 2024 年第一季度業績會議
富途資訊 ·  05/17 07:10  · 電話會議

The following is a summary of the Lazydays Holdings, Inc. (GORV) Q1 2024 Earnings Call Transcript:

以下是Lazydays Holdings, Inc.(GORV)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Lazydays Holdings reported a total revenue of $270.6 million for Q1 2024, showing an 8.5% decrease.

  • Lazydays Holdings expects a pre-tax loss for the rest of 2024 but predicts positive EBITDA and adjusted free cash flow.

  • New unit sales fell 11.1%, and gross profit per unit declined 75.7% due to aggressive discounting.

  • Used retail unit sales reduced by 4.6% and gross profit per unit dropped by 51.4%.

  • The company posted an adjusted net loss of $21.4 million for the quarter.

  • The company raised $15 million through an expansion of mortgage financing.

  • Lazydays Holdings報告稱,2024年第一季度的總收入爲2.706億美元,下降了8.5%。

  • Lazydays Holdings預計2024年剩餘時間將出現稅前虧損,但預計息稅折舊攤銷前利潤和調整後的自由現金流爲正。

  • 由於激進的折扣,新單位銷售下降了11.1%,單位毛利下降了75.7%。

  • 二手零售單位的銷售額下降了4.6%,單位毛利下降了51.4%。

  • 該公司公佈本季度調整後的淨虧損爲2140萬美元。

  • 該公司通過擴大抵押貸款融資籌集了1500萬美元。

Business Progress:

業務進展:

  • Despite sales softness, Lazydays focused on inventory health, procurement, finance, and insurance performance as well as cost control.

  • Over 90% of the company's inventory is now 2024 or 2025 model year, and they have increased the acquisition of used units.

  • Finance and insurance per unit increased $170 per unit year-over-year despite a 13% drop in average selling prices on units.

  • The company is managing inventory to meet demand and profitability targets while monitoring changing regional demands for its motorized and towable units.

  • Lazydays is managing used inventory on a case-by-case basis, focusing on older models in demand.

  • The company continues its partnership with Grand Design and is optimistic about retail improvements as the season heads into Spring and Summer.

  • 儘管銷售疲軟,Lazydays仍將重點放在庫存狀況、採購、財務和保險業績以及成本控制上。

  • 現在,該公司90%以上的庫存是2024年或2025年車型年份,他們增加了二手車的收購。

  • 儘管單位的平均銷售價格下降了13%,但單位財務和保險同比增長了170美元。

  • 該公司正在管理庫存以滿足需求和盈利目標,同時監測各地區對其機動和牽引裝置不斷變化的需求。

  • Lazydays正在根據具體情況管理二手庫存,重點是需求旺盛的舊車型。

  • 該公司繼續與Grand Design合作,並對季節進入春季和夏季之際零售業的改善持樂觀態度。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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