Camping World Holdings, Inc. - CWH STOCK NEWS

Camping World Holdings (NYSE: CWH) will release its first-quarter fiscal 2023 financial results on May 2, 2023, after market close. Following this, a conference call will be held on May 3, 2023, at 7:30 a.m. CT to discuss the results. Investors can join the call by dialing 877-407-9039, and an audio webcast will be available at investor.campingworld.com. A replay will be accessible within two hours of the call until May 10, 2023. Camping World is America's largest retailer of RVs and related products, operating a vast network across 42 states.

Camping World Holdings, Inc. (NYSE: CWH) has announced its agreement to acquire All Seasons RV, enhancing its presence in California with the addition of its 21st location. This acquisition, expected to finalize in Q3 2023, marks a strategic expansion for Camping World, reinforcing its leading position as the top RV retailer in the state. All Seasons RV has been a staple in Northern California for over 30 years, and the new SuperCenter will feature a wide range of RVs, accessories, and Good Sam services. This move aligns with Camping World's vision of making RVing enjoyable and accessible, contributing to their legacy of growth in the outdoor recreation market.

Camping World Holdings (NYSE: CWH) has announced plans to acquire All Seasons RV in Bend, Oregon, enhancing its presence in the state to six locations. The acquisition, anticipated to finalize in the second quarter of 2023, positions Camping World as a leader in the Oregon market.

CEO Marcus Lemonis stated that All Seasons RV has served Central Oregon for over 40 years, making the acquisition strategically significant for growth. The new SuperCenter will offer a diverse selection of new and used RVs, alongside a full range of RV products and services.

This expansion is part of Camping World's goal to build a strong legacy in the RV industry, continuing to serve customers with comprehensive offerings in a growing market.

Camping World Holdings (NYSE: CWH) has announced its acquisition of Travel Land RV Center in Houghton Lake, Michigan, expected to close in Q2 2023. This deal will increase Camping World's Michigan locations to seven, enhancing their service offerings in the region. The new center will provide a variety of new and used Keystone RVs, collision services, parts, and accessories, along with the full range of Good Sam products. CEO Marcus Lemonis emphasized the importance of this acquisition in supporting Camping World's growth ambitions and commitment to service excellence. With over 40 years of servicing Northern Michigan, Travel Land will integrate into Camping World’s extensive network.

Camping World Holdings, Inc. (NYSE: CWH) announced plans to acquire Breeden RV Center in Van Buren, Arkansas. This strategic acquisition is set to close in Q2 2023, boosting Camping World's Arkansas location count to four. The Breeden family has served Northwest Arkansas for over 30 years, and this acquisition aims to enhance Camping World's market presence in the Fort Smith area, establishing it as the leading RV retailer in Arkansas by new unit volume. The new SuperCenter will offer a variety of new and used RVs, outdoor products, and the complete portfolio of Good Sam products and services.

Camping World, headquartered in Lincolnshire, IL, operates RV sales and service locations across 42 states, aiming to simplify and enhance the RV lifestyle for consumers.

Camping World Holdings, Inc. (NYSE: CWH) has announced its agreement to acquire Carbon Emery RV, enhancing its dealership footprint in Utah to six locations. The acquisition, expected to close in Q2 2023, is strategically positioned along US Route 6, a key area near central Utah's national park corridor. CEO Marcus Lemonis stated this expansion will help solidify Camping World’s status as Utah's leading RV retailer by unit volume. The new SuperCenters will provide a variety of RVs and outdoor products, alongside Good Sam services, aimed at enhancing customer value and strengthening market presence.

RumbleOn, Inc. (NASDAQ: RMBL) reported record full-year and Q4 Powersports unit sales, totaling 81,037 units across segments, leading to $1.8 billion in revenue. The Powersports segment generated $1.4 billion, representing 78% of total revenue, with a gross profit of $429.9 million. Despite the strong sales, the company faced a net loss of $(261.5) million, largely due to a $350.3 million non-cash impairment charge. Adjusted net income was $37.3 million, with adjusted EBITDA at $120.1 million. RumbleOn has also executed over $15 million in SG&A cost reductions and formed a strategic partnership with Camping World (NYSE: CWH). The company maintains strong liquidity with $196.1 million available.

Camping World Holdings, Inc. (NYSE: CWH) announced its agreement to acquire Pan Pacific RV Center, which includes two RV dealerships in northern California, located in French Camp and Morgan Hill. This acquisition will increase Camping World’s California locations to twenty and is expected to close in Q2 2023. The company aims to enhance its market presence in a major RV market, leveraging Pan Pacific's 50 years of experience. The new SuperCenters will offer a variety of new and used RVs from top brands, alongside a range of RV and outdoor products.