Camping World Opens First Location in Montana, Marking Its 199th RV Dealership and 43rd State

Rhea-AI Summary

Camping World Holdings, Inc. (NYSE: CWH) announced the opening of its Billings, Montana RV dealership, marking its 199th RV dealership and entrance into its 43rd state. The company aims to increase its store count by 50% over the next five years through acquisitions, new store openings, and manufacturer exclusive locations.

Positive

• Rapid pace of growth with the opening of the 199th RV dealership and entrance into the 43rd state signals expansion and market penetration.
• Goal to increase store count by 50% over the next five years demonstrates ambitious growth strategy.

Negative

• No specific financial figures provided to assess the impact of the new dealership on revenue or earnings.

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced the opening of its Billings, Montana RV dealership.

Camping World Chairman and CEO Marcus Lemonis remarked, “As we enter Montana, the Billings community is a great place to begin, with other markets on our radar. This new location continues our rapid pace of growth, marking our 199^th RV dealership and entrance into our 43^rd state. 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 Billings, Montana dealership is located at 976 Rosebud Ln, Billings, MT 59101. 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/20230720543033/en/

Brett Andress

InvestorRelations@campingworld.com

Media Outlets:

PR-CWGS@CampingWorld.com

Source: Camping World

FAQ

What did Camping World Holdings, Inc. (NYSE: CWH) announce?

Camping World announced the opening of its Billings, Montana RV dealership, marking its 199th RV dealership and entrance into its 43rd state.

Where is the new dealership located?

The new dealership is located at 976 Rosebud Ln, Billings, MT 59101.

What is Camping World's goal for store count expansion?

Camping World aims to increase its store count by 50% over the next five years through acquisitions, new store openings, and manufacturer exclusive locations.

How can individuals apply for a position at the new dealership?

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