Camping World Set to Add 15 Dealerships in the First Quarter, Kicked Off by Acquisition of Ashley Outdoors
January 02 2024 - 7:30AM
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240102056630/en/
Brett Andress InvestorRelations@campingworld.com
Media Outlets:
PR-CWGS@CampingWorld.com
Camping World (NYSE:CWH)
Historical Stock Chart
From Apr 2024 to May 2024
Camping World (NYSE:CWH)
Historical Stock Chart
From May 2023 to May 2024