RideNow Group: Accelerating Q2'26 Growth
Seeking Alpha reiterates a Buy rating on RideNow Group following Q2'26 earnings, citing strong EBITDA growth of 19% year-over-year driven by operating leverage despite revenue softness from store closures. Same-store sales and gross profit continue to grow, and management is prioritizing refinancing a $208M term loan before returning to M&A-led growth.
Why it matters — A RideNow watcher would care because the report highlights continued underlying profitability growth and confirms that refinancing the $208M term loan is management's key near-term priority before resuming acquisition-led expansion.