Camping World Announces Review of Potential Strategic Alternatives for Good Sam Business
17 January 2024 - 10:30PM
Business Wire
Camping World Holdings, Inc. (NYSE: CWH) (the “Company” or
“Camping World”) announced that it is reviewing potential strategic
alternatives for the Company’s Good Sam business, which could
include a potential sale, spin off or other disposition of the
business.
No decision has been made whether to proceed with any particular
alternative. The Company has not set a deadline for the strategic
alternatives review process, and there can be no assurance that
this process will result in any particular outcome.
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 Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements other than statements of historical fact
are forward-looking statements, including, but not limited to the
Company’s plans for the Good Sam business, including expectations
regarding the review of strategic alternatives. Forward-looking
statements are based on management’s current assumptions and
expectations of future events and trends, which affect or may
affect the Company’s business, strategy, operations or financial
performance, and actual results and other events may differ
materially from those expressed or implied in such statements due
to numerous risks and uncertainties. Forward-looking statements are
inherently subject to risks and uncertainties, some of which cannot
be predicted or quantified. Factors that could cause actual results
or other events to differ materially from those contemplated in
this press release include the outcome of the strategic
alternatives review process for the Good Sam business and other
important risks that can be found in the Risk Factors section of
the Company’s public filings with the Securities and Exchange
Commission (“SEC”), including its Annual Report on Form 10-K for
the year ended December 31, 2022, filed with the SEC on February
23, 2023. Because forward-looking statements are inherently subject
to risks and uncertainties, you should not rely on these
forward-looking statements as predictions of future events. These
forward-looking statements speak only as of their date and, except
to the extent required by law, the Company undertakes no obligation
to update these statements, whether as a result of any new
information, future developments or otherwise.
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For Camping World Holdings, Inc. Investors Brett Andress
InvestorRelations@campingworld.com
Media Outlets
PR-CWGS@CampingWorld.com
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