Welcome to our dedicated page for LAZY news (Ticker: LAZY), a resource for investors and traders seeking the latest updates and insights on LAZY stock.
LAZY (Lazydays) has been a cornerstone of the recreational vehicle industry since 1976, operating one of America's largest RV dealership networks. This news hub provides investors and industry professionals with essential updates on corporate developments, financial performance, and market strategies.
Our curated collection features official press releases, earnings reports, and operational updates directly from LAZY. Users will find timely information on new dealership openings, manufacturer partnerships, and service expansions alongside critical financial disclosures. Each update is verified at source to ensure reliability.
Key content categories include quarterly earnings announcements, leadership changes, inventory developments, and strategic initiatives shaping the RV retail landscape. This resource is particularly valuable for tracking LAZY's position in the evolving outdoor recreation market.
Bookmark this page for streamlined access to LAZY's corporate communications. Combine these updates with SEC filings and market analysis for comprehensive investment research. Check back regularly for the latest developments from this RV industry leader.
Lazydays Holdings (GORV) announced transformative transactions to strengthen its financial position, including the sale of eight dealerships and a comprehensive recapitalization plan. The company will sell seven dealerships and issue common stock to Camping World for $65.5 million, plus one dealership to another buyer for $8 million. The plan includes a $30 million common equity PIPE at $1.03 per share, a planned $25 million rights offering, and conversion of all preferred stock to common stock. These transactions will reduce debt by $65 million, eliminate $68 million in preferred stock obligations, and cut $16 million in interest and dividend payments. Post-transactions, Lazydays expects to have $35 million in cash and $61 million in debt, with 119.5 million shares outstanding.
