- According to Baird report , May witnessed a 31% decline in Recreational Vehicles or RV retail sales, beyond expectation of high-20s percent.
- Towable retail declined 33% in May; motorhome retail fell 19%.
- Towables includes travel trailers, fifth wheels, camping trailers, and park models.
- Year-to-date, it is estimated that retail would be down ~22%, indicating $450K units; 2023 could face retail decline to ~420K units.
- Sector watch: Camping World ( CWH ), Thor Industries ( THO ), LCI Industries ( LCII ) and Winnebago ( WGO )
For further details see:
Recreational vehicles retail registrations drop in May