Camping World Set to Add 15 Dealerships in the First Quarter, Kicked Off by Acquisition of Ashley Outdoors

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01/02/2024 - 07:30 AM

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced that it has closed on the acquisition of Ashley Outdoors in Salem, Alabama. Including this location, the Company intends to add 15 dealership locations in the first quarter of 2024 through a combination of opening existing facilities and closing previously announced acquisitions.

Marcus Lemonis, Chairman and CEO of Camping World commented, “As we start 2024, we are driven to work towards our goal of increasing our dealership count to over 320 locations in the next five years. Based on continued demand stabilization, the team is confident in opening 15 additional locations ahead of the selling season. These openings are separate from any future RV dealership acquisitions that may happen throughout the 2024 calendar year.”

Camping World intends to open the following dealership locations in the first quarter of 2024:

Salem, AL – Camping World
Byron, GA – Jayco Macon
Benton, AR – Jayco Little Rock
Cape Girardeau, MO – Camping World
Little Rock, AR – Forest River RV Little Rock
Springfield, MO – Camping World
Melbourne, FL – Camping World
Orange Park, FL – Camping World
Pinellas Park, FL – Camping World
Clermont, FL – Camping World
Ocala, FL – Forest River RV Ocala
Greenville, NC – Forest River RV Greenville
Statesville, NC – Forest River RV Statesville
Lewisville, TX – Camping World
Brooksville, FL

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 the expected pace of growth, timing of the closure of and benefits from announced acquisitions, new store openings, future store count, future demand for our products, and product offerings at 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 new store openings and acquisition closings may not occur on the timeline 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.