Camping World Stock Price, News & Analysis

Camping World Holdings (NYSE: CWH) has successfully completed the acquisition of Lazydays assets and real estate in Surprise, Arizona. This marks the first of several anticipated location closings in the upcoming weeks. According to Chairman and CEO Marcus Lemonis, these acquisitions will bring top OEM brands and increase market share opportunities, while offering a more traditional RV product mix that aligns with the company's strategic priorities. The company aims to take advantage of the current favorable dealership M&A environment.

Camping World Holdings (NYSE: CWH) has secured an amended and restated floor plan credit agreement, increasing its committed borrowing capacity by $300 million to reach $2.150 billion. The agreement, dated February 18, 2025, includes an accordion feature providing up to an additional $300 million for further growth.

Led by Bank of America and J.P. Morgan, this facility enhancement demonstrates lenders' confidence in Camping World's recent performance, strengthened balance sheet, and inventory management. The expanded facility aims to support future dealership growth and expand relationships with key OEM partners, including Thor, Forest River, and Winnebago.

As the world's largest RV retailer, Camping World operates RV sales and service locations across 43 states, offering comprehensive RV products and services through its Camping World and Good Sam brands.

Camping World Holdings (NYSE: CWH), the world's largest RV retailer, has scheduled its Q4 2024 earnings release for February 25, 2025, after market close. The company will host a conference call on February 26, 2025, at 7:30 a.m. Central Time to discuss the results.

Investors can participate by dialing 844-826-3035 (international: 1-412-317-5195), with a replay available until March 5, 2025. The company operates RV sales and service locations across 43 states under the Camping World and Good Sam brands, offering RV products, services, and specialized plans including roadside assistance, protection plans, and insurance.

Camping World Holdings (NYSE: CWH) has announced the completion of its asset purchase of Hitch RV, acquiring three locations across Delaware, Pennsylvania, and New Jersey. The company plans to open these locations throughout the first quarter following facility renovations.

This strategic acquisition marks Camping World's entrance into Delaware, expanding its presence to its 44th state. The company views these locations as targets for conversion to Manufacturer Exclusive locations and plans to capitalize on the current dealership M&A environment.

Camping World Holdings (NYSE: CWH) has announced a quarterly cash dividend of $0.125 per share on its Class A Common Stock. The dividend will be paid on December 30, 2024 to stockholders of record as of December 13, 2024. Future dividend declarations will be subject to Board discretion based on various factors including operations results, financial condition, debt agreements, and capital requirements. Camping World operates as the largest RV retailer in the world, with RV sales and service locations across 43 states.

Camping World Holdings (NYSE: CWH) has agreed to acquire seven dealerships from Lazydays Holdings for a transaction valued at book value, with an estimated net cash outlay of $10-20 million. The acquisition includes locations in Phoenix, Nashville, Milwaukee, Council Bluffs, Elkhart, Portland, and Vancouver. These locations generated nearly $200 million in trailing twelve-month revenue and focus on traditional RV products from brands like Grand Design, Thor, and Forest River. Instead of goodwill consideration, Camping World will receive 9.7 million shares of Lazydays Holdings common stock upon closing. The combined market within a 50-mile radius of these dealerships represents 65,000+ new and used RV units sold annually.

Camping World Holdings (NYSE:CWH) has closed its previously announced public offering of 14,634,146 shares of Class A common stock at $20.50 per share. The company granted underwriters a 30-day option to purchase up to 2,195,121 additional shares. The proceeds were used to purchase common units from CWGS Enterprises, , which intends to use the funds for general corporate purposes, including balance sheet strengthening, working capital for growth, and debt reduction. Goldman Sachs and J.P. Morgan served as joint lead book-running managers for the offering.

Camping World Holdings (NYSE:CWH) has announced the pricing of a public offering of 14,634,146 shares of Class A common stock at $20.50 per share. The company granted underwriters a 30-day option for an additional 2,195,121 shares. The proceeds will be used to purchase common units from CWGS Enterprises, , which plans to use the funds for general corporate purposes, including balance sheet strengthening, working capital for growth, and debt reduction. The offering is expected to close on November 1, 2024, with Goldman Sachs and J.P. Morgan serving as joint lead book-running managers.

Camping World Holdings (NYSE:CWH) has announced a proposed offering of $300.0 million of its Class A common stock, with an additional 30-day option for underwriters to purchase up to $45.0 million. The proceeds will be used to purchase common units from CWGS Enterprises, , which plans to use the funds for general corporate purposes, including balance sheet strengthening, working capital for growth, and debt reduction. Goldman Sachs & Co. and J.P. Morgan are serving as joint lead book-running managers for the offering.