Welcome to our dedicated page for Lazydays Hldgs news (Ticker: GORV), a resource for investors and traders seeking the latest updates and insights on Lazydays Hldgs stock.
Lazydays Holdings, Inc. (GORV) has a substantial body of news coverage reflecting both its historical role in the recreational vehicle (RV) dealership industry and its later-stage corporate restructuring and dissolution. Company press releases describe Lazydays as an RV-focused business that, since 1976, built its reputation around RV sales, service, and ownership experiences, supported by a wide selection of RV brands, service facilities, and an extensive range of accessories and parts.
The news flow for GORV includes operational updates, financial results, corporate actions, and significant strategic transactions. Earnings-related releases, such as the August 14, 2025 announcement of second quarter 2025 financial results, provide detail on revenue composition across new and pre-owned vehicle retail, wholesale, consignment, finance and insurance, and service, body and parts categories, along with metrics like gross profit margins and unit volumes. These items offer insight into how the company’s RV dealership operations performed over time.
Another major category of news involves asset divestitures and balance sheet actions. Releases in June and August 2025 describe the sale of specific dealership locations and related real estate, including transactions in Tulsa, Oklahoma; Mesa, Arizona; Fort Pierce, Florida; Longmont, Colorado; and Las Vegas, Nevada. The company framed these transactions as steps to streamline its footprint, generate liquidity, and reduce non-floorplan indebtedness.
Corporate and capital markets developments are also prominent in the news record. In July 2025, Lazydays announced a 1-for-30 reverse stock split intended to help regain compliance with Nasdaq’s minimum bid price requirement, followed by a notice in August 2025 that Nasdaq had confirmed compliance. Later, a November 7, 2025 press release and related Form 8-K disclosed the company’s intention to voluntarily delist its common stock from The Nasdaq Capital Market, citing the anticipated sale of substantially all assets and a Plan of Liquidation and Dissolution.
Subsequent filings and news items in October and November 2025 detail an Asset Purchase Agreement to sell substantially all of the company’s assets to entities affiliated with Campers Inn Holding Corporation, the series of closings across multiple states, and the company’s expectation that it would have no ongoing operations after completion of the asset sales. A November 28, 2025 Form 8-K confirms that Lazydays ceased business operations, entered into a general assignment for the benefit of creditors, filed a Certificate of Dissolution effective November 28, 2025, and that its common stock was delisted from Nasdaq on that date, with no liquidating distributions expected for stockholders.
This news page therefore serves as a historical archive of GORV-related developments, from operating and financial updates to the sequence of transactions that led to the company’s dissolution and delisting. Readers can use this coverage to trace how Lazydays’ RV dealership business evolved, how management addressed liquidity and debt, and how the final asset sales and liquidation process unfolded.
Lazydays Holdings (GORV) has successfully completed the sale of its Mesa, Arizona location to General RV Center. This transaction is part of Lazydays' broader operational turnaround plan and strategy to rightsize its dealership footprint. Two additional divestitures in Longmont, Colorado and Fort Pierce, Florida are expected to be completed in the coming weeks.
For General RV, this marks their first entry into Arizona, expanding their presence to nine states. The company, a third-generation family-owned business led by CEO Loren Baidas, has shown significant growth, nearly doubling its Supercenter count nationwide over the past three years to more than 20 locations across states including Florida, Illinois, Ohio, Virginia, Utah, North Carolina, Pennsylvania, and Michigan.
Lazydays Holdings (GORV) reported its Q1 2025 financial results, showing mixed performance with improvements over previous quarters despite overall losses. Total revenue decreased to $165.8 million from $270.1 million in Q1 2024. The company posted a reduced net loss of $9.5 million compared to $22.0 million in Q1 2024, with loss per diluted share improving to $0.09 from $1.67.
Notable developments include the strategic divestiture of five dealership locations, enabling debt reduction of approximately $145 million. The company reported improved gross profit margins across all product lines, though Adjusted EBITDA remained negative at $(4.0) million, still better than $(18.2) million in Q1 2024. The quarter included $2.9 million in impairment charges related to indefinite-lived intangible assets.
Lazydays Holdings (NASDAQ: GORV) has announced it will release its first quarter 2025 financial results before market opening on May 15, 2025. The company will host a conference call to discuss the results on the same day at 8:30 a.m. Eastern Time. Interested parties can access the conference call via telephone at 877-407-8029 (domestic) or +1 201-689-8029 (international). A live webcast and replay of the call will be available on the company's investor relations website.
Lazydays Holdings (GORV) reported challenging financial results for Q4 and FY 2024. The company's total revenue declined to $159.9M in Q4 2024 from $198.0M in Q4 2023, while full-year revenue decreased to $871.6M from $1,082.7M.
Q4 2024 resulted in a net loss of $96.1M, compared to a $108.0M loss in Q4 2023, with Adjusted EBITDA at $(24.3M) versus $(10.7M). The company recorded $39.1M in impairment charges for assets held for sale and a $16.3M non-cash loss on warrant liabilities. Full-year 2024 net loss widened to $180.0M from $110.3M, with earnings per share declining to $(8.90) from $(8.45).
In strategic moves, Lazydays signed a letter of intent to divest three stores to General RV Center and completed the sale of five facilities to Camping World Holdings. However, Camping World declined to close on two dealership purchases in Portland and Council Bluffs.
Lazydays Holdings (GORV) has signed a letter of intent to sell three store locations to General RV Center. The stores, located in Ft. Pierce (Florida), Longmont (Colorado), and Mesa (Arizona), are expected to be divested within 75 days under a nonbinding agreement with an exclusivity provision.
The strategic divestiture aims to streamline Lazydays' operational footprint and is expected to generate significant cash for the balance sheet while reducing indebtedness and geographical redundancy. For General RV, this acquisition expands their presence into Arizona and Colorado markets, building upon their existing operations in Utah and Florida, where they currently operate seven dealerships.
Lazydays Holdings (NASDAQ: GORV) has scheduled the release of its fourth quarter and fiscal year 2024 financial results, to be announced before market opening on March 31, 2025. The company will host a conference call to discuss the results on the same day at 8:30 a.m. Eastern Time. Investors can participate via telephone at 877-407-8029 (domestic) or +1 201-689-8029 (international), with live and replay access available through the company's investor relations website.
Lazydays Holdings (NASDAQ: GORV) has announced the completion of its rights offering on February 12, 2025. The company issued a total of 35,882 shares of common stock at $1.03 per share, consisting of 34,334 shares through basic subscription rights and 1,548 shares via over-subscription privilege. The offering generated gross proceeds of approximately $36,958.46.
The company plans to utilize the proceeds for working capital and general corporate purposes, including debt repayment. All over-subscription privilege requests were fulfilled in full due to sufficient share availability. The rights offering was conducted under the company's Form S-1 registration statement, which received SEC approval on January 13, 2025. Rights not exercised by February 5, 2025, expired and became void.
Lazydays Holdings (NASDAQ: GORV) announced the effectiveness of its registration statement for a rights offering, declared by the SEC on January 13, 2025. The company will distribute non-transferable rights to eligible holders of common stock and warrants, allowing them to purchase 1.27 shares of common stock at $1.03 per share.
The rights offering includes both basic subscription rights and over-subscription rights, with the latter available to holders who fully exercise their basic rights. If fully subscribed, the company expects to raise approximately $23.6 million in net proceeds and issue 24,271,844 shares of common stock. The proceeds will be used for working capital, general corporate purposes, and debt repayment.
The subscription period ends on February 5, 2025, unless extended. The new shares will trade on Nasdaq under symbol GORV, while the rights will not be listed on any exchange.
Lazydays Holdings (NASDAQ: GORV) has appointed Jeff Needles as Chief Financial Officer, effective January 6, 2025. Needles, previously CFO at Warbird Marine Holdings, succeeds Interim CFO Jeff Huddleston, who will continue temporarily in a consulting role to assist with the transition.
Needles brings over 20 years of financial management experience, with expertise in financial planning, cost analysis, and operational efficiency. He has held CFO positions at United Enertech Holdings and Schnellecke Logistics USA, along with financial leadership roles at Mastercraft Boat Company and Harley Davidson Motor Company. He is a Certified Public Accountant with an MBA from Washington University and a Bachelor's degree from Saint Louis University.
The appointment comes as Lazydays has completed several financing transactions and announced transformational actions for future growth. Needles will oversee financial operations, including finance, accounting, treasury, SEC reporting, and financial planning and analysis, reporting to Interim CEO Ron Fleming.
Lazydays Holdings (NASDAQ: GORV) has announced terms for its previously announced rights offering, setting January 13, 2025, as the record date. Eligible stockholders and warrant holders will receive one non-transferable right for each share owned, allowing them to purchase 1.27 shares of common stock at $1.03 per share.
The rights offering includes both basic subscription rights and over-subscription rights, with the latter available if some holders don't exercise their basic rights. The company expects to raise $25 million in gross proceeds and issue approximately 24.27 million shares of common stock if fully subscribed. The rights will expire on February 5, 2025, at 5:00 p.m. ET.
Proceeds will be used for working capital, general corporate purposes, and debt repayment. The new shares will trade on Nasdaq under 'GORV', while the rights themselves won't be listed or transferable.