Camping World Stock Price, News & Analysis

Camping World Holdings, Inc. (NYSE: CWH) declared a cash dividend of $0.50 per share on its Class A Common Stock, scheduled for payment on December 29, 2021. Stockholders recorded as of December 14, 2021 will receive this dividend. Future dividend payments will be contingent on various factors including operational results, financial condition, debt levels, and capital requirements. Camping World continues to emphasize its commitment to delivering value through its extensive RV product and service offerings, supporting its long-term vision.

Camping World Holdings, Inc. (NYSE: CWH) achieved record third-quarter results for the quarter ending September 30, 2021. Revenue reached $1.917 billion, a 14.2% increase year-over-year, while gross profit rose 29.7% to $691.4 million, reflecting an improved gross margin of 36.1%. Net income grew by 22.3% to $189.3 million, with diluted earnings per share at $1.72. The company also raised its 2021 Adjusted EBITDA guidance from $840 million to a range of $915 million to $930 million, highlighting strong operational performance.

Camping World Holdings, Inc. (NYSE: CWH) will announce its third quarter fiscal 2021 financial results on November 3, 2021, before the market opens. A conference call is scheduled for 7:30 a.m. Central Time to discuss the results. Investors can participate by dialing in or joining via a live audio webcast. A replay of the call will be available shortly after the conclusion, lasting until November 10, 2021. As America's largest RV retailer, Camping World focuses on enhancing the RV lifestyle and driving long-term value for customers and shareholders.

Good Sam, the largest RV community and park network, has announced its partnership with Major League Baseball as the presenting partner for the 2021 ALDS and NLDS. Starting October 7, these playoff games will be broadcasted on TBS, FS1, and MLB Network. CEO Marcus Lemonis emphasized the importance of showcasing Good Sam's offerings during this time of brand expansion, including their Rental Marketplace. The initiative includes an integrated marketing approach covering various platforms, highlighting Good Sam's commitment to enhancing brand awareness and community engagement.

Camping World Holdings (NYSE: CWH) will host its annual Investor Conference on September 14, 2021, featuring a fireside chat led by CEO Marcus Lemonis from 5:00 PM to 6:30 PM MT. This session aims to discuss the company’s retail offerings and strategic goals, including a preview of the Electric World product line. The event will be available via a live webcast and accessible for replay for 45 days afterward. Camping World is the largest RV retailer in the U.S., with over 185 locations nationwide.

Camping World Holdings (NYSE: CWH) has announced a partnership with ESPN Events to sponsor two college football games under its Good Sam brand. The events, known as the Good Sam Texas Kickoff and Good Sam Vegas Kickoff Classic, are set for Labor Day weekend, with matches featuring Texas Tech vs. University of Houston and Brigham Young University vs. University of Arizona. This initiative aims to enhance visibility for Camping World's new RV Rental Business, further supporting its commitment to college football and outdoor sports.

Camping World Holdings, Inc. (NYSE: CWH) announced plans to expand its national presence by opening over 20 new greenfield locations in the next three years, alongside strategic acquisitions. Chairman Marcus Lemonis emphasized the importance of growing revenue and earnings, aiming for $1 billion in adjusted EBITDA. The new locations will add 350-450 service bays to the existing network and enhance the Good Sam customer base. Camping World currently operates more than 185 SuperCenters nationwide, focusing on RV sales and services.

Camping World Holdings, Inc. (NYSE: CWH) has announced a 100% increase in its quarterly dividend, raising it from $0.25 to $0.50 per share. The cash dividend will be payable on September 28, 2021, to stockholders of record by September 14, 2021. This change elevates the annualized dividend from $1.00 to $2.00 per share, reflecting the company’s strong performance and commitment to return capital to shareholders. The dividend increase will be funded through distributions from CWGS Enterprises.

Camping World Holdings (NYSE: CWH) will host its annual Investor Conference on September 14-15 in Salt Lake City, Utah. The event will take place at the Grand America Hotel, starting with a reception on the first day, followed by a fireside chat and Q&A session. The second day includes a visit to the Camping World SuperCenter and a preview of the company's first Electric World retail location. This conference aims to connect with investors and showcase future initiatives in electrification within the recreational vehicle market.