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Stock impact report

Camping World Expands Reach With Seven Lazydays Dealership Acquisition [Yahoo! Finance]

Camping World Holdings, Inc. Class A (CWH) 
Last camping world holdings, inc. class a earnings: 2/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.campingworld.com
Company Research Source: Yahoo! Finance
The company will acquire locations in Surprise, AZ, Murfreesboro, TN, Sturtevant, WI, Council Bluffs, IA, Elkhart, IN, Portland, OR and Woodland, WA. This transaction is estimated to be valued at approximately book value, with Camping World expecting a net cash outlay between $10 million and $20 million after real estate financing proceeds. This acquisition allows Camping World to enhance its product offering with a traditional mix of travel trailers, fifth wheels and Class B and Class C RVs. These locations feature top OEM brands, including Grand Design, Thor and Forest River. Camping World estimates that the market within a 50-mile radius of each dealership accounts for more than 65,000 new and used RV units sold annually, presenting growth opportunities for market share expansion. Despite operating in a challenging RV market, these locations generated nearly $200 million in revenues on a trailing twelve-month basis. The company aims to capitalize on the current favorable envi Show less Read more
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