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Lazydays Reports Q2 Revenue Up 16%, Oklahoma Dealership Acquired

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Lazydays Holdings released its preliminary results for the second quarter of the year Wednesday and said it had revenue of $374 million, a nearly $51 million increase, or 16%, from the same quarter a year ago.

Preliminary net income was $31.8 million, compared with the $25.3 million in Q2 of 2021.

Lazydays also announced Wednesday that it had completed its acquisition of Dave’s Claremore RV located in Claremore, Oklahoma, near Tulsa on historic Route 66 and Interstate 44.

The dealership is strategically located between the Oklahoma City and the Ozarks markets, and offers a selection of outstanding RV brands including Forest River, THOR and East to West.

Dave’s is the company’s fifth acquired or greenfield dealership location added over the last 12 months, preceded by acquired locations in Portland, Oregon; Vancouver, Washington; Milwaukee; and a greenfield location in Monticello, Minnesota. The company said it will continue to advance a strong pipeline of expansion opportunities that includes both acquisitions and greenfields.

Lazydays currently operates 17 dealerships in 10 states plus a dedicated service center location near Houston.

The company also made news earlier this week when it announced John North as its new CEO. North most recently served as chief financial officer of Copart, a provider of online auctions and vehicle remarketing services.

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