Camping World Attended 45th Annual Raymond James Institutional Investors Conference
06 Marzo 2024 - 8:00PM
Business Wire
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the
World’s Largest Recreational Vehicle Dealer, attended and presented
at the 45th Annual Raymond James Institutional Investors
Conference. A recording of the live webcast of the Company’s
presentation can be found on the Company’s investor relations
website at https://investor.campingworld.com. The event will be
archived and available for replay for at least seven days.
Marcus Lemonis, Chairman and CEO of Camping World commented, “We
experienced good momentum in our new unit retail demand beginning
in December and January, and we closed February with new unit same
store sales up double digits year over year. As we had previously
disclosed, we believe that our rigorous and disciplined inventory
management strategy is driving momentum in our new unit business,
and we still expect to see sequential improvement of new and used
vehicle gross margins through the balance of the year, back to our
desired levels.”
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.
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
contained in this press release that do not relate to matters of
historical fact should be considered forward-looking statements,
including, without limitation, statements about expectations
regarding new vehicle unit volume trends, our ability to deliver
unit volume and increased market share, macroeconomic and industry
trends, and future financial results, including anticipated gross
margin outlook for 2024. 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. These forward-looking
statements are based on management’s current expectations. You
should carefully consider the risks and uncertainties that affect
our business, including the risk that new vehicle unit volume
trends do not continue and new vehicle unit gross margins may not
improve on the timeline expected or at all, the risk that our
results for monthly periods may not be reflective of our results
for full quarterly or annual results, and that preliminary results
are subject to change based on the completion of closing and review
procedures and the execution of the Company’s internal control over
financial reporting, 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, 2023. These factors
could cause actual results to differ materially from those
indicated by the forward-looking statements made in this press
release. Any such forward-looking statements represent management’s
estimates as of the date of this press release. While we may elect
to update such forward-looking statements at some point in the
future, we disclaim any obligation to do so, even if subsequent
events cause our views to change, except as required under
applicable law. These forward-looking statements should not be
relied upon as representing our views as of any date subsequent to
the date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20240306173652/en/
Brett Andress InvestorRelations@campingworld.com
Media Outlets: PR-CWGS@CampingWorld.com
Grafico Azioni Camping World (NYSE:CWH)
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