Camping World Holdings, Inc. (NYSE: CWH) (the "Company," "Camping World," "we," "us" or "our"), announced today that its Board of Directors declared a cash dividend of $0.1532 per share on the Company’s Class A Common Stock and a cash distribution of $0.08 per common unit on CWGS Enterprises, LLC’s common units. Payment is expected to be made on June 30, 2020, to stockholders of record at the close of business on June 15, 2020.
What happened Shares of outdoor and camping retailer Camping World (NYSE: CWH) rising as much as 10.3% Tuesday, before moderating back to close the day up 7%. The stock's gain was likely fueled primarily by bullishness in the overall market on Tuesday as investors consider the implications of a gradual reopening of the U.
In Friday trading, a handful of recreation equipment companies traded sharply higher. At the close, the stock of RV dealer Camping World Holdings (NYSE: CWH) was up 8.4%, while boat maker Brunswick (NYSE: BC) gained 10.1%. With spring starting to turn into summer, and restrictions on socially-distanced fun starting to relax, investors appear to be focusing their attention on stocks that could benefit from both trends: companies that trade in outdoor recreation equipment that turns popular in warm-weather months.
Cinemark (CNK) saw a big move last session, as its shares jumped more than 10% on the day, amid huge volumes.
AMC Entertainment (AMC) saw a big move last session, as its shares jumped nearly 11% on the day, amid huge volumes.
The Nasdaq closed in positive territory for the year on Thursday. Futures on the index future are 1% higher. Several stocks are moving on earnings reports.
Investors need to pay close attention to Camping World (CWH) stock based on the movements in the options market lately.
The Covid-19 lockdown has kept consumers inside for weeks. ‘People are more likely to do these things than get on an airplane and fly to Europe for their summer vacation,’ says money manager Eric Marshall at Hodges Capital Management.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of CWGS Enterprises, LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Camping World Holdings, Inc. (NYSE:CWH) shareholders will have a reason to smile today, with the analysts making...
Even if it's not a huge purchase, we think it was good to see that Marcus Lemonis, the Chairman & CEO of Camping World...
Shares of Camping World Holdings (NYSE: CWH), Winnebago Industries (NYSE: WGO), and Thor Industries (NYSE: THO), various manufacturers and retailers within the recreational vehicle industry, all jumped at least 9% higher Monday after a couple of positive developments sent markets higher. Federal Reserve Chairman Jerome Powell boosted investor confidence when he commented on CBS's 60 Minutes that, "There's a lot more we can do," and that the Fed had plenty more ammunition if needed.
Shares of Camping World Holdings (NYSE: CWH) were moving higher today after the company topped expectations and showed resilience against the coronavirus pandemic. The RV seller actually reported a 3.5% decline in first-quarter revenue to $1.03 billion. The drop was due to the impact of COVID-19 and the company's strategic shift as it sold or closed more than 60 locations that did not sell or service RVs.
The board of directors of Camping World Holdings (NYSE: CWH) has declared a pair of dividends for shareholders of the company's common stock. The recreational vehicle (RV) accessories retailer will pay a regular quarterly disbursement of $0.08 per share, then a special dividend of just over $0.07. Although special dividends are usually handed out on a rare and irregular basis, Camping World's special dividend has accompanied the regular payout since early 2017.
Camping World (CWH) first-quarter top line is likely to have been impacted by dismal performance by the Products, service and other segment.
(Bloomberg) -- Camping World Holdings Inc. jumped as much as 35% on Friday after reporting first-quarter results that beat analysts’ projections, driven by stronger-than-expected sales of recreational vehicles.Analysts universally applauded the results and were surprised by the recent strength in RV sales, which they attributed to consumers’ desire to vacation while maintaining social distance. Camping World management noted that new customers appeared to be entering the market as well with trade-in rates dropping to 20% from the normal 30%-35%.Camping World benefited from a pivot to online sales, JPMorgan analyst Ryan Brinkman wrote in a note, saying the strategy was “unprecedented” and led to sales beginning to track positively year-over-year, capped by the strongest weekend ever in early May.Baird analyst Craig Kennison, who more than doubled his price target to $14 from $6 while maintaining his neutral rating, said that outdoor activities can capture mind share as consumers shun crowded spaces.KeyBanc analyst Brett Andres wrote that management’s tone was ‘very encouraging’ around both the retail stabilization displayed in the past few weeks, along with initial evidence it is seeing an emerging “staycation” benefit to retail sales.Recreational vehicles and other outdoor leisure-related stocks gained in sympathy, including Winnebago Industries Inc, Thor Industries Inc., LCI Industries, and Patrick Industries Inc., as well as Polaris Inc., Johnson Outdoors Inc. and Brunswick Corp.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Camping World Holdings, Inc. (NYSE: CWH) (the "Company"), America’s largest retailer of recreational vehicles ("RVs") and related services and products, today reported results for the first quarter ended March 31, 2020.
On CNBC's "Mad Money Lightning Round," Jim Cramer said that Crowdstrike Holdings Inc (NASDAQ: CRWD) is the best cybersecurity company for the revolution of being online, in the cloud and working at home. He likes it very much.Camping World Holdings Inc (NYSE: CWH) is making a comeback, said Cramer. He finds it hard to pound the table here, but he is encouraged because Winnebago Industries, Inc. (NYSE: WGO) reported good numbers.Cramer is not a buyer of Apache Corporation (NYSE: APA).Lam Research Corporation (NASDAQ: LRCX) is reacting to the news about China, explained Cramer. He is not willing to recommend it as long as trade tensions are high.General Dynamics Corporation (NYSE: GD) is not a favorite one right now, said Cramer. He sees it as a very good long-term hold.United Natural Foods Inc (NYSE: UNFI) is inconsistent, said Cramer. He would take a pass on it.See more from Benzinga * Alibaba, Tesla Among Cramer's Stay-At-Home Stock Ideas * Cramer Shares His Thoughts On Procter & Gamble, Virgin Galactic And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Camping World Holdings, Inc. (NYSE: CWH) (the "Company") today announced that its financial results for the first quarter fiscal 2020 will be released after the market closes on Thursday, May 7, 2020. The Company will host a conference call at 3:30 p.m. Central Time to discuss the financial results.
Shares of Camping World Holdings (NYSE: CWH) traded up more than 14% on Monday afternoon after a prominent investor talked up the stock during an interview. Camping World, a leader in recreational vehicle (RV) sales, has been hit hard by the pandemic, with shares off by nearly 40% even after Monday's gains on concerns that the U.S. economy post-pandemic will fall into a recession. In an interview posted Monday, investor Marc Cohodes said he is a believer in the stock, arguing that when the shelter-in-place orders are lifted, camping is going to be one of the few viable options for U.S. consumers looking to take a summer vacation.