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Camping World Announces Review of Potential Strategic Alternatives for Good Sam Business
Businesswire· 2024-01-17 11:30
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (the “Company” or “Camping World”) announced that it is reviewing potential strategic alternatives for the Company’s Good Sam business, which could include a potential sale, spin off or other disposition of the business. No decision has been made whether to proceed with any particular alternative. The Company has not set a deadline for the strategic alternatives review process, and there can be no assurance that this process will ...
Camping World (CWH) Set to Acquire Roth RV in Minnesota
Zacks Investment Research· 2024-01-12 17:02
Camping World Holdings, Inc. (CWH) recently announced plans to acquire Roth RV, including locations at Bemidji, Grand Rapids and Deerwood. The initiative will bring the company’s Minnesota location count to 11.The company is optimistic about this new acquisition as it aims to expand its market presence in Minnesota. This strategic transaction is expected to close in the second quarter of 2024.Camping World is on an expansion spree, aiming to increase its dealership count to more than 320 locations over the ...
Camping World's Growth Story Is Strong Despite Headwinds
Seeking Alpha· 2024-01-12 04:37
benedek/iStock via Getty Images Camping World Holdings (NYSE:CWH) retails and rents recreational vehicles, as well as products and services related to RVs, including RV covers, Wi-Fi systems, tents, fishing gear, insurance, and financing. The company has retail centers under the Camping World and other names, and services such as insurance and financing under Good Sam. As of Q3, Camping World communicated plans to have 220 locations across the United States by the end of 2024. The amount is constantly growi ...
Camping World Set to Acquire Three Locations in Minnesota
Businesswire· 2024-01-11 12:30
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced that it is set to acquire Roth RV, with locations in Bemidji, Grand Rapids, and Deerwood, Minnesota. The transaction is anticipated to close in the second quarter of 2024 and will increase the Company’s Minnesota location count to 11. Marcus Lemonis, Chairman and CEO of Camping World commented, “ The acquisition of Roth RV further solidifies our p ...
Camping World (CWH) to Boost Footprint by Acquiring Genuine RV
Zacks Investment Research· 2024-01-09 16:16
Camping World Holdings, Inc. (CWH) is set to acquire Genuine RV, including locations in Texarkana and Nacogdoches, TX, and Idabel, OK.This new acquisition aligns with the company’s goal to increase its dealership count to more than 320 locations over the next five years. Post the acquisition, Camping World’s Texas and Oklahoma location counts will increase to 13 and six, respectively. This strategic transaction is expected to close in the second quarter of 2024.Following the announcement, shares of CWH gain ...
Camping World Set to Acquire Three Locations in Texas and Oklahoma
Businesswire· 2024-01-08 12:30
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced that it is set to acquire Genuine RV, with locations in Texarkana and Nacogdoches, Texas, and Idabel, Oklahoma. The transaction is anticipated to close in the second quarter of 2024 and will increase the Company’s Texas location count to 13, and its Oklahoma location count to six. Marcus Lemonis, Chairman and CEO of Camping World commented, “ The ...
Camping World Set to Acquire Two Locations in Louisiana, Sets Stage for Goal of Being #1 in the State
Businesswire· 2024-01-04 12:30
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced that it is set to acquire Bent’s RV, with two locations in Boutte and Albany, Louisiana. The transaction is anticipated to close in the second quarter of 2024 and will increase the Company’s Louisiana location count to four. Marcus Lemonis, Chairman and CEO of Camping World commented, “ The acquisition of Bent’s RV further builds our presence arou ...
Camping World Set to Add 15 Dealerships in the First Quarter, Kicked Off by Acquisition of Ashley Outdoors
Businesswire· 2024-01-02 12:30
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced that it has closed on the acquisition of Ashley Outdoors in Salem, Alabama. Including this location, the Company intends to add 15 dealership locations in the first quarter of 2024 through a combination of opening existing facilities and closing previously announced acquisitions. Marcus Lemonis, Chairman and CEO of Camping World commented, “ As we ...
Camping World: when dividend cuts are a good thing
MarketBeat· 2024-01-02 09:06
Key PointsCamping World cut its dividend to focus capital on growth, good news for future cash flow and capital returns. Share prices corrected sharply on the news but are poised to reclaim the losses and more. Analysts remain committed to Camping World, rating it a Moderate Buy/Buy. 5 stocks we like better than Camping WorldCamping World NYSE: CWH cut its dividend by 80%, and the shares fell 50% because of it, but the cut is a good thing. The cuts weren’t made because the company couldn’t pay but because i ...
Camping World Holdings(CWH) - 2023 Q3 - Earnings Call Transcript
2023-11-02 15:10
Camping World Holdings, Inc. (NYSE:CWH) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Lindsey Christen - Chief Administrative & Legal Officer, Secretary Marcus Lemonis - Chairman and Chief Executive Officer Matthew Wagner - Chief Operating Officer Tom Curran - Chief Accounting Officer Conference Call Participants Joe Altobello - Raymond James Tristan Thomas-Martin - BMO Noah Zatzkin - KeyBanc Capital Markets Brandon Rolle - D.A. Davidson Craig Kennison - Baird Daniel Imbr ...