Lazydays Holdings Enters First Amendment to Limited Waiver and Consent

Lazydays Holdings entered a first amendment to limited waiver and consent. The company operates recreational vehicle (RV) dealerships and offers a range of products and services for RV owners and outdoor enthusiasts. It operates 24 Lazydays dealership and service locations across 15 states, carrying brands such as Forest River, Thor, and East to West.

Lazydays Holdings, Inc. (LZDY) saw a significant rise in its stock price during pre-market trading on September 2, 2025, surging by 15.65%. This notable increase was driven by strong institutional confidence in the recreational vehicle (RV) dealership operator. The company operates 24 dealership and service locations across 15 states, offering a wide range of products and services for RV owners and outdoor enthusiasts, including brands such as Forest River, Thor, and East to West.

Lazydays Holdings operates under the Lazydays name and was founded in 1976. It offers RV sales, repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. Additionally, the company operates the Lazydays RV resort in Tampa, Florida. Despite its strong institutional ownership, with 89.7% of its shares held by institutional investors, the company's stock lacks analyst coverage, with no ratings or price targets available.

Financial metrics for Lazydays Holdings reveal a mixed picture. While the company's revenue is higher than that of its competitor Clarus, it trades at a lower price-to-earnings ratio, making it more affordable. However, the company's net margins, return on equity (ROE), and return on assets (ROA) are -22.06%, -139.43%, and -17.47% respectively, indicating financial challenges. The stock's volatility is also high, with a beta of 1.48, indicating that its price is 48% more volatile than the S&P 500.

The lack of analyst coverage and the high institutional ownership suggest that large money managers are optimistic about the company's long-term growth prospects. However, the company's financial performance and high volatility should be carefully considered by investors. As with any investment, it is crucial to conduct thorough due diligence before making any decisions.

References:
[1] https://www.ainvest.com/news/lazydays-holdings-soars-15-65-pre-market-trading-2509/