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.
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