2024-03-29 07:05:23 ET
Summary
- Camping World Holdings' stock has surged since our bearish rating was issued in November 2023.
- The company's latest earnings results show a significant decline in revenue, indicating weak demand for its products.
- The firm's aggressive growth strategy, including acquisitions and new store openings, may not be justified given the weak demand and declining sales.
Camping World Holdings ( CWH ) is a prominent retailer catering to outdoor enthusiasts, offering a vast array of recreational vehicles (RVs), camping gear, and accessories. With a widespread presence across the United States and annual revenues exceeding $5.5 billion, CWH stands as a leading player in the outdoor recreation industry, serving a diverse customer base....
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Camping World: We Are Still Not Ready For Camping