RV dealer Lazydays dips as Q2 revenue disappoints

Lazydays Holdings

20/07/2022 15:56

** Shares of recreational vehicles dealer Lazydays Holdings
 LAZY.O  down ~1% at $13.62 in early trade 
    ** Stock set to snap six-day winning streak if current
losses hold
    ** LAZY posts preliminary revenue of $373.6 mln for Q2 ended
June 30, up 15.7% from last year but below analysts' estimates
of $378.9 mln  urn:newsml:reuters.com:*:nASA03GYU
    ** Sales in co's RV business fall ~4% to 4,052 units 
    ** Co on Tuesday named John North, former CFO of online car
auctions provider Copart  CPRT.O  and vehicle rental firm Avis
Budget Group  CAR.O , as CEO  urn:newsml:reuters.com:*:nL4N2Z031Z
    ** Stock down ~36% YTD

 (Reporting by Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com;))