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Lincolnshire,
IL – February 2025 / NewsmakerAlert: Camping
World Holdings, Inc. (NYSE: CWH) (“Camping World” or “Company”), the
World’s Largest Recreational Vehicle Dealer, announces that it has closed
on the asset purchase of Hitch RV, with three locations in Delaware, Pennsylvania,
and New Jersey. Upon the completion of certain facility renovations, the
Company intends to open these locations throughout the first quarter.
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Marcus
Lemonis, Chairman and CEO of Camping
World, commented, “The acquisition of Hitch RV represents our first
location in Delaware, marking the entrance into our 44th state. These locations
are another example of widening our acquisition funnel by identifying targets
that allow for conversion to Manufacturer Exclusive locations, and we expect
to continue to capitalize on today’s robust dealership M&A environment.”
Individuals
interested in applying for a position with Camping World may visit 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. Through Camping World and Good Sam brands, our vision
is to build a business that makes RVing and other outdoor adventures fun
and easy. We strive to build long-term value for our customers, employees,
and stockholders 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 associates
serving our customers, the RV lifestyle, and the communities in which we
operate. We also believe that our Good Sam organization and family of highly
specialized services and plans, including roadside assistance, protection
plans and insurance, uniquely enables us to connect with our customers
as stewards of an outdoor and recreational 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 location
openings, benefits from the announced acquisition, 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
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 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.
Media
Contact:
Brett
Andress
SVP,
Corp Dev & IR
LinkedIn
Camping
World Holdings |