RV News
Lazydays YOY Revenue Up Even While Income Fell
Dealership group Lazydays, which recently earned the rights to sell Tiffin motorhomes in Las Vegas thanks to its purchase of Findlay RV, had a mixed bag of an earnings report Thursday.
Fourth quarter 2022 revenue was $243.5 million, down from $322.5 million in Q4 of 2021. That led to a net loss of $1.4 million, compared to net income of $16.9 million in the same quarter a year ago.
Full year 2022 revenue was $1.3 billion, an increase from $1.2 billion in 2021. For the full year 2022, net income was $66.4 million, Full year 2022 net income was $66.4 million, compared to $82 million in 2021.