Camping World Declares Third Quarter Dividend For Stockholders of Record on September 13, 2024 to Be Paid on September 25, 2024

Rhea-AI Summary

Camping World Holdings, Inc. (NYSE: CWH) has announced a regular cash dividend of $0.125 per share on its Class A Common Stock. The dividend will be paid on September 25, 2024 to stockholders of record as of the close of business on September 13, 2024. Camping World, headquartered in Lincolnshire, IL, is the world's largest retailer of RVs and related products and services. The company operates under the Camping World and Good Sam brands, serving RV consumers since 1966. With RV sales and service locations in 43 states, Camping World aims to build long-term value for customers, employees, and shareholders by offering a comprehensive assortment of RV products and services through its national network of dealerships, service centers, and customer support centers.

Positive

• Regular cash dividend of $0.125 per share declared
• Largest retailer of RVs and related products/services globally
• Extensive national network with presence in 43 states
• Long-standing brand presence since 1966

Negative

• Future dividends subject to Board discretion and various factors
• Dividend payments dependent on financial performance and debt restrictions

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 September 25, 2024 to stockholders of record at the close of business on September 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/20240829819941/en/

For Camping World Holdings, Inc.

Investors

Brett Andress

InvestorRelations@campingworld.com

Media Outlets

PR-CWGS@CampingWorld.com

 

Source: Camping World

FAQ

When will Camping World (CWH) pay its next dividend?

Camping World (CWH) will pay its next dividend on September 25, 2024 to stockholders of record as of September 13, 2024.

What is the amount of Camping World's (CWH) quarterly dividend?

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

How many states does Camping World (CWH) have RV sales and service locations in?

Camping World (CWH) has RV sales and service locations in 43 states across the United States.

What brands does Camping World Holdings (CWH) operate under?

Camping World Holdings (CWH) operates under the Camping World and Good Sam brands, serving RV consumers since 1966.