Camping World Declares Second Quarter Dividend For Stockholders of Record on June 13, 2024 to Be Paid on June 27, 2024

Rhea-AI Summary

Camping World Holdings (NYSE: CWH) has declared a regular cash dividend of $0.125 per share on its Class A Common Stock.

The dividend will be paid on June 27, 2024, to stockholders of record as of June 13, 2024.

Future dividends will depend on various factors including the company's financial performance, debt levels, and capital requirements.

Camping World is the world's largest retailer of RVs and related services, operating across 43 states. The company focuses on creating long-term value for customers and shareholders through its broad assortment of RV products and extensive service network.

Positive

• Declared a cash dividend of $0.125 per share, indicating financial stability.
• Payment date for the dividend is June 27, 2024, providing shareholders with a near-term return.
• The company operates RV sales and service locations in 43 states, showcasing a wide market reach.
• Focus on creating long-term value for customers and shareholders through a comprehensive assortment of RV products and services.

Negative

• Future dividends are subject to various uncertainties including financial performance, level of indebtedness, and capital requirements.
• Dividend declaration may be influenced by contractual and legal restrictions, indicating potential limitations on cash flow.

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Camping World Holdings, Inc. (NYSE: CWH) (the “Company” or “Camping World”) announced today that its Board of Directors declared a regular cash dividend of $0.125 per share on the Company’s Class A Common Stock. Payment is expected to be made on June 27, 2024 to stockholders of record at the close of business on June 13, 2024.

Future declarations of quarterly dividends are subject to the determination and discretion of Camping World’s Board of Directors based on its consideration of various factors, including the Company’s results of operations, financial condition, level of indebtedness, anticipated capital requirements, contractual restrictions, restrictions in its debt agreements, restrictions under applicable law, receipt of excess or surplus of tax distributions received from CWGS Enterprises, LLC, its business prospects and other factors that Camping World’s Board of Directors may deem relevant.

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 the future declarations of quarterly dividends 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 the 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, 2023. 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/20240515748233/en/

Investors

Brett Andress

InvestorRelations@campingworld.com

Media Outlets

PR-CWGS@CampingWorld.com

Source: Camping World

FAQ

When is the record date for Camping World's second quarter dividend?

The record date for Camping World's second quarter dividend is June 13, 2024.

How much is Camping World's declared dividend per share for the second quarter?

Camping World declared a dividend of $0.125 per share for the second quarter.

When will Camping World pay the second quarter dividend for 2024?

Camping World will pay the second quarter dividend on June 27, 2024.

What factors influence future dividend declarations for Camping World?

Future dividend declarations for Camping World depend on financial performance, debt levels, capital requirements, and other relevant factors.