Tampa RV Retailer Closes Dealership, Slashes Costs Amid Financial Struggles

Facing yet another quarter of grim financial results, Tampa RV retailer Lazydays has made the tough decision to close one of its dealerships and consolidate two other locations, marking a significant shift after its aggressive national expansion in 2023.

Lazydays (Nasdaq: GORV) reported a sharp revenue decline of 22.6%, falling from $308.4 million to $238.7 million, while losses ballooned to $44.2 million, compared to just $3.6 million during the same period last year. The company’s financial statements show that net losses for the first six months of the year have totaled $66.2 million.