Camping World’s Coleman Brand Momentum Continues, Claims #1 Position Again in March and for the First Quarter

Rhea-AI Summary

Camping World Holdings, the world's largest recreational vehicle dealer, announced that its Coleman brand of travel trailers maintained the #1 position in terms of new travel trailer sales in the U.S. for both March and the first quarter of 2024. This success is attributed to consumers seeking high-quality products at competitive prices, leading to record market share levels for Camping World. The company's Chairman and CEO, Marcus Lemonis, expressed satisfaction with the brand's performance, highlighting its significant momentum in the market.

Positive

• Coleman brand of travel trailers claimed the #1 position in new travel trailer sales for March and the first quarter of 2024, showcasing strong market performance.

• Consumers are increasingly interested in high-quality products offered by the Coleman brand at improved price points, driving sales growth for Camping World.

• Camping World achieved record new unit market share levels in the first quarter of 2024, largely due to the success of the Coleman brand.

Negative

• None.

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the world’s largest recreational vehicle dealer, announced the Company’s Coleman brand of travel trailers was again the #1 selling new travel trailer by unit volume in the U.S. in the month of March and for the first quarter of 2024 according to RV industry retail registration data compiled by Statistical Surveys, Inc.

Marcus Lemonis, Chairman and CEO of Camping World remarked, “We believe the strong start to the year for our Coleman travel trailer lineup is further proof that consumers continue to seek out high quality product at meaningfully improved price points. The significant momentum of this flagship brand was a key contributor to our organization reaching unprecedented levels of new unit market share in the first quarter of 2024.”

Individuals interested in applying for a position with Camping World 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 future demand for our products. 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, 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, 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/20240508072527/en/

Brett Andress

InvestorRelations@campingworld.com

Media Outlets:

PR-CWGS@CampingWorld.com

Source: Camping World

FAQ

What brand of travel trailers maintained the #1 position in the U.S. for March and the first quarter of 2024?

Coleman brand of travel trailers.

Who is the Chairman and CEO of Camping World?

Marcus Lemonis.

Where can individuals apply for a position with Camping World?

Interested individuals can visit http://www.campingworldjobs.com/.