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Camping World Announces Continued Expansion with New Development in Cape Girardeau, Missouri
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Camping World Holdings (NYSE: CWH) announced the opening of its fifth location in Missouri, in Cape Girardeau, covering 12 acres. Construction has started on the Cape Girardeau SuperCenter, expected to open in summer 2022. The facility will feature approximately 33,000 square feet of space, including 10,500 square feet for retail and 14 service bays, providing a wide range of new and used RVs and outdoor products.
CEO Marcus Lemonis emphasized the economic impact for the community and the service it offers to their 5.5 million active customers.
Positive
New location expected to enhance market presence in Missouri.
Construction underway suggests commitment to growth.
Addition of retail and service space may attract more customers.
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None.
Company Footprint will expand to Five Locations in the Show-Me State
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World” or the “Company”), America’s Recreation Dealer, today announced the development of a new location on approximately 12 acres of land near Cape Girardeau, Missouri. The property is located at 49 Airport Road in Scott City, Missouri just off Interstate 55 near the intersection of Nash and Airport Roads and will be the retailer’s fifth facility in the state of Missouri. Construction has commenced with an anticipated opening in summer 2022.
“We are excited to expand in the southeastern area of Missouri which is filled with such natural attractions, history and cultural significance,” said Marcus Lemonis, CEO and Chairman of Camping World. “Each new location we open across the U.S. represents significant economic impact for the communities and convenient customer service and products for the 5.5 million active customers we serve.”
When construction is complete, the Cape Girardeau SuperCenter will be approximately 33,000 square feet, which includes 10,500 square feet of retail space and 14 service bays. The SuperCenter will offer 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.
Camping World is always looking for seasoned and professional RV sales associates, technicians, and retail support to assist with locations across the country. Individuals interested in applying for a position may visit http://www.campingworldcareers.com/.
About Camping World Holdings, Inc.
Camping World Holdings, Inc., headquartered in Lincolnshire, IL, (together with its subsidiaries) is America’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, and 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 associates 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 enables us to connect with our customers as stewards of the RV enthusiast community and the RV lifestyle. With over 185 locations in 40 states, Camping World, and sister company Gander RV, have grown to become prime destinations for everything RV.
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. Statements about our acquisitions, new store openings, business plans and goals, our expectations regarding market potential, and growth strategy are forward-looking statements. 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 those 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, 2020, with the SEC on February 26, 2021. 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.
