Tampa, Fla.-based Lazydays Holdings. has released preliminary third quarter results, in advance of releasing its final quarterly numbers in early November.
The company reported that its preliminary revenue for the quarter ending Sept. 30 is $216 million and preliminary net income is $11 million.
“Our third quarter adjusted EBITDA of $19 million shatters our previous quarterly record of $14.9 million that was set last quarter,” said William P. Murnane, chairman and CEO of Lazydays.
“Year-to-date we believe we have outpaced industry market growth and are gaining significant market share,” he added. “Through the first nine months of 2020, the Company has experienced total unit sales growth of 34 percent, new unit sales growth of 29 percent and used unit sales growth of 40 percent. Nationally, Stat Survey year-to-date new RV unit sales growth is 6 percent through August 2020. Stat Survey is recognized as a bellwether for RV retail consumer demand.”
