RV News
Lazydays Holdings’ Preliminary Results Show Profit
Lazydays Holdings said its fourth-quarter revenue was $196 million, up $51 million compared to the fourth quarter of the previous year, but the company cautioned those were only preliminary results.
Net income for the fourth quarter was $5.4 million, up $5.9 million a year ago, when it lost money during the quarter.
The preliminary numbers also show that RV unit sales increased 34 percent to 2,132 units, versus 1,594 units in the fourth quarter of 2019.
The company said its growth pipeline continues to be robust and it is evaluating multiple new growth opportunities in 2021, including both acquisitions and greenfield buildouts.