Camping World Acquires the Assets of Breeden RV, Opens Its 200th RV Dealership

Rhea-AI Summary

Camping World Holdings, Inc. (NYSE: CWH) announces the opening of its 200th RV dealership in Van Buren, Arkansas, coinciding with the closing of the Breeden RV acquisition. CEO Marcus Lemonis aims to increase store count by 50% in the next five years through acquisitions, new openings, and exclusive locations.

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• The opening of the 200th RV dealership showcases Camping World's growth and expansion plans, indicating a positive trajectory for the company's future.

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• None.

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced the opening of 200^th RV dealership in Van Buren, Arkansas, coinciding with the closing of its previously announced Breeden RV acquisition.

Camping World Chairman and CEO Marcus Lemonis commented, “The opening of our 200^th RV dealership is a testament to the hard work and dedication of our over 14,000 employees and their passion for the customers they serve. It’s our goal to increase our store count by 50% over the next five years, through a combination of acquisitions, new store openings, and manufacturer exclusive locations.”

The Van Buren, Arkansas dealership is located at 5603 Alma Hwy, Van Buren, AR 72956. The SuperCenter offers a wide range of new and used RVs from top manufacturers in addition to a full assortment of RV and outdoor products and accessories and the entire portfolio of Good Sam products and services.

Individuals interested in applying for a position may visit http://www.campingworldjobs.com/.

About Camping World Holdings, Inc.
Camping World Holdings, Inc., headquartered in Lincolnshire, IL, (together with its subsidiaries) is the World’s largest retailer of RVs and related products and services. Our vision is to build a long-term legacy business that makes RVing fun and easy. Our Camping World and Good Sam brands have been serving RV consumers since 1966. We strive to build long-term value for our customers, employees, and shareholders by combining a unique and comprehensive assortment of RV products and services with a national network of RV dealerships, service centers and customer support centers along with the industry’s most extensive online presence and a highly trained and knowledgeable team of employees serving our customers, the RV lifestyle, and the communities in which we operate. We also believe that our Good Sam organization and family of programs and services uniquely enable us to connect with our customers as stewards of the RV enthusiast community and the RV lifestyle. With RV sales and service locations in 43 states, Camping World has grown to become the prime destination for everything RV. For more information, visit www.CampingWorld.com.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Camping World and other matters. All statements other than statements of historical facts contained in this press release may be forward-looking statements, including statements about our future goals, plans and objectives of management, anticipated store growth, the expected benefits from acquisitions and new stores, and offerings of future locations. In some cases, you can identify forward-looking statements by terms such as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expects,’’ ‘‘plans,’’ ‘‘anticipates,’’ ‘‘could,’’ ‘‘intends,’’ ‘‘targets,’’ ‘‘projects,’’ ‘‘contemplates,’’ ‘‘believes,’’ ‘‘estimates,’’ ‘‘predicts,’’ ‘‘potential’’ or ‘‘continue’’ or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including the risk that store growth may not occur on the timelines expected or at all, as well as the other important risks described in our filings with the Securities and Exchange Commission (“SEC”), including under the caption “Risk Factors” in our Annual Report on Form 10-K filed for the year ended December 31, 2022. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230726817867/en/

Brett Andress

InvestorRelations@campingworld.com

Media Outlets:

PR-CWGS@CampingWorld.com

Source: Camping World

FAQ

What is the ticker symbol of Camping World Holdings, Inc.?

The ticker symbol of Camping World Holdings, Inc. is CWH.

Where is the new RV dealership located?

The new RV dealership is located in Van Buren, Arkansas at 5603 Alma Hwy, Van Buren, AR 72956.

How does CEO Marcus Lemonis plan to increase store count?

CEO Marcus Lemonis plans to increase store count by 50% over the next five years through a combination of acquisitions, new store openings, and manufacturer exclusive locations.