Lazydays Holdings Secures Waivers to Facilitate Asset Sales

Lazydays Holdings ( (GORV) ) just unveiled an update.

On April 30, 2025, Lazydays Holdings, Inc. entered into a Limited Waiver and Consent with M&T Bank, temporarily waiving certain defaults under their credit agreement to facilitate asset sales in several locations. Concurrently, the company secured a Temporary Waiver of Defaults with Coliseum Holdings, adjusting payment schedules and allowing asset sales under specific conditions, impacting the company’s financial operations and liquidity management.

Spark’s Take on GORV Stock

According to Spark, TipRanks’ AI Analyst, GORV is a Neutral.

Lazydays Holdings faces considerable financial and operational challenges, with declining revenues and high leverage being major concerns. The negative market momentum and poor valuation metrics further pressure the stock. While strategic initiatives from the earnings call provide some hope for future stability, the current outlook remains cautious.

To see Spark’s full report on GORV stock, click here.

More about Lazydays Holdings

Lazydays Holdings, Inc. operates within the recreational vehicle (RV) industry, providing a range of products and services related to RV sales, maintenance, and related financial services.

Average Trading Volume: 216,938

Technical Sentiment Signal: Sell

Current Market Cap: $22.03M

Find detailed analytics on GORV stock on TipRanks’ Stock Analysis page.