WGO - RV stocks pop after industry shipments data for March is strong
RV stocks break higher after the RV Industry Association reports 54,291 wholesale RV units shipped in March in a mark that is more than 5% over the previous record set in 2018. The RVIA says March shipments tally also bring total RV shipments in Q1 to a record-breaking 148,507 units, the most RVs ever shipped in a single quarter and a nearly 10% increase over the previous record set in Q1 of 2018."Over the past year, many Americans have rediscovered the great outdoors and the desire to get outside and live an active outdoor lifestyle. And many of these same people also discovered for the first time that an RV is the perfect way to get the most out of the great outdoors," says RV Industry Association President/CEO Craig Kirby. Kirby says new buyers reported the pandemic did have some impact on their decision to purchase, but restrictions on other
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RV stocks pop after industry shipments data for March is strong