Lazydays Narrows Net Loss, Plans Store Divestitures To Refocus Amid Tough Q4

Lazydays Holdings, Inc. (NASDAQ:GORV) shares are trading lower after the company released its fourth-quarter FY24 earnings results on Monday.

The company reported a fourth-quarter sales decline of 19.2% year-on-year to $159.88 million from $198.03 million last year.

Loss per share of $2.39 narrowed from a $7.59 loss last year. The gross profit margin (excluding LIFO) for the quarter remained same at 21.4%. Total retail units sold for the quarter decreased 14.8%.

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Fourth quarter net loss ...