Lazydays Holdings has announced financial results for the fourth quarter and fiscal year ended Dec. 31, 2019, and provided some updates and highlights regarding the first quarter ending March 31. With 85 percent of the first quarter completed, the company has experienced a significant increase in demand across all of its dealerships. Revenues for the fourth quarter were $144.9 million, up $19.1 million, or 15.1 percent, versus 2018.
Revenue from sales of RVs was $126.5 million for the fourth quarter, up $16.4 million, or 14.9 percent, versus 2018. RV unit sales excluding wholesale units, were 1,585 for the fourth quarter, up 251 units, or 18.8 percent versus 2018. New and preowned unit sales were $74.4 million and $52.1 million for the quarter, up 12.6 percent and 18.2 percent respectively compared to 2018.
Revenues for the fiscal year 2019 were $644.9 million; up $36.7 million, or 6 percent, versus 2018. Revenue from sales of RVs was $567.1 million for the year, up $29.0 million, or 5.4 percent, versus 2018. RV unit sales excluding wholesale units, were 7,591 for the year, up 295 units, or 4 percent, versus 2018.
