Lazydays said its second quarter revenue decreases to $308.4 million, down from the $373.6 million in the second quarter of 2022.
Second quarter 2023 net income was $3.6 million compared to $27.1 million for the same period in 2022.
Net income for the first six months of 2023 was $3.3 million compared to $60.1 million for the same period in 2022.
“Earlier this month we acquired Buddy Gregg Motorhomes in Knoxville, Tennessee,” the company said in its earnings announcement. “We estimate this store will add approximately $40 million in revenue at steady state and will more than offset the closure of our Maryville store due to the expansion of the Alcoa Highway by the Tennessee DOT.
“In July, our Monticello, Minnesota, store became exclusive to the Airstream brand. We renamed the store Airstream Minneapolis.
“During the quarter we completed the purchase of a new 8-acre parcel in Las Vegas, Nevada and broke ground on a state-of-the-art facility to relocate our existing store in that market.
“We remain on track to open our Wilmington, Ohio and Ft. Pierce, Florida greenfield locations in the third quarter and our Surprise, Arizona greenfield location in the fourth quarter of this year.”
