Earnings ImpactThe issuance of mandatory convertible shares to Skyline is expected to lead to a 10% dilution in fully diluted EPS.
Financial PerformanceMarine and RV segment originations declined by 7%, underperforming compared to analyst expectations.
Guidance And Strategy2024 guidance cut 40%, still implying a good turnaround in margins, revenue, originations, but the trajectory of profitability and growth remains uncertain.