Camping World Expands Reach With Seven Lazydays Dealership Acquisition

Core Viewpoint - Camping World Holdings, Inc. is acquiring seven dealerships from Lazydays Holdings, Inc., enhancing its market presence and product offerings in the RV sector [1][2]. Acquisition Details - The acquisition includes locations in Surprise, AZ, Murfreesboro, TN, Sturtevant, WI, Council Bluffs, IA, Elkhart, IN, Portland, OR, and Woodland, WA [1]. - The transaction is valued at approximately book value, with a net cash outlay expected to be between $10 million and$20 million after real estate financing [1]. Market Opportunity - The market within a 50-mile radius of each dealership accounts for over 65,000 new and used RV units sold annually, indicating significant growth potential for market share expansion [3]. - The acquired locations generated nearly $200 million in revenues over the trailing twelve months, showcasing their financial viability despite a challenging RV market [3]. Company Performance - Camping World shares have increased by 15.9$69.4 million [6]. Future Plans - For 2025, Camping World plans to rebuild its used vehicle business and maintain its leadership in the RV market, with a Zacks Consensus Estimate indicating 7% sales growth and 357.5% EPS growth year-over-year [7].