Camping World Holdings(US:CWH) Businesswire·2026-03-11 16:53Core Viewpoint - Glancy Prongay Wolke & Rotter LLP has filed a class action lawsuit against Camping World Holdings, Inc. on behalf of investors who purchased securities between April 29, 2025, and February 24, 2026, alleging securities fraud due to misleading statements and failure to disclose adverse facts about the company's business and operations [1]. Financial Performance - On October 28, 2025, Camping World reported a decrease in new vehicle revenue by $58.1 million, or 7.0%, and an 8.6% drop in the average selling price of new vehicles, alongside a total gross margin decrease of 27 basis points [1]. - The company projected a "consecutive year of Adjusted EBITDA growth" starting in the low $300 million range [1]. - Following the Q3 results announcement, Camping World's stock fell by $4.17, or 24.8%, closing at $12.65 per share on October 29, 2025 [1]. - On February 24, 2026, the company reported a net loss of $(109.1) million for Q4 2025, an increase of $49.6 million, or 83.3%, and an adjusted EBITDA loss of $(26.2) million, an increase of $23.7 million [1]. - The gross profit for Q4 2025 was $338.2 million, a decrease of $38.7 million, or 10.3%, with a total gross margin of 28.8%, down 247 basis points [1]. - Following the Q4 results, the stock price dropped by $1.79, or 16.5%, closing at $9.06 per share on February 25, 2026 [1]. Allegations in the Lawsuit - The lawsuit claims that the defendants made materially false and misleading statements and failed to disclose critical adverse facts about the company's operations and prospects [1]. - Specific allegations include overstating the company's ability to manage inventory and consumer demand, which led to the need for strict inventory management objectives negatively impacting gross profit and margins [1]. - The complaint also highlights inadequate systems and processes that prevented accurate disclosures regarding the company's financial health and management of expenses [1].