Camping World Holdings, Inc. (NYSE: CWH) (the “Company”, “Camping World”, “we”, “us” or “our”) announced today that its Board of Directors has declared a regular cash dividend of $0.625 per Year has fixed interest in the Company’s Class A common stock. Payment is expected to be made on June 29, 2022 to shareholders of record at the close of business on June 14, 2022.
Marcus Lemonis, Chairman and Chief Executive Officer, stated, “Our management team remains steadfast in delivering returns to our shareholders.”
Future declarations of quarterly dividends are subject to the determination and discretion of Camping World’s Board of Directors based on various factors, including the Company’s results of operations, financial condition, level of debt, anticipated capital requirements, contractual restrictions and limitations in its debt covenants, restrictions under applicable law law, receipt of excessive tax distributions from CWGS Enterprises, LLC, its business prospects and other factors deemed relevant by the Board of Camping World.
About Camping World Holdings, Inc.
Headquartered in Lincolnshire, IL, Camping World Holdings, Inc. is (together with its subsidiaries) America’s largest retailer of RV and related products and services. Our vision is to build a long-term legacy business that makes RV travel fun and easy, and our Camping World and Good Sam brands have been serving RV customers since 1966. We strive to create long-term value for our customers, employees and shareholders create by combining a unique and comprehensive range of RV products and services with a national network of RV dealers, service centers and customer service centers together with the industry’s most extensive online presence and a highly qualified and knowledgeable team of employees delivering the RV lifestyle to our customers , and the communities in which we operate. We also believe that our Good Sam organization and family of programs and services uniquely enable us to connect with our customers as stewards of the RV enthusiast community and lifestyle. With over 185 locations in 42 states, Camping World has become the premier destination for all things RV. Visit www.CampingWorld.com for more information.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to Camping World and other matters. All statements contained in this press release, other than statements of historical fact, may be forward-looking statements. Statements regarding our future results of operations and financial position, our capital return strategy and anticipated dividend payments are forward-looking statements. In some cases, you can identify forward-looking statements by words such as “may”, “will”, “should”, “expects”, “plans”, “anticipates”. ”could” ”intends” ”goals” ”projects” ”considers” ”believes” ”estimates” ”projects” ” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe could affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties affecting our business, including the important factors discussed under the heading “Risk Factors” in our Annual Report on Form 10-K filed for the year ended December 31, 2021 , and our other reports at the SEK. These forward-looking statements speak only as of the date of this release. Except as required by law, we do not intend to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. However, we encourage you to review any additional disclosures we make on related matters in our public disclosures and filings with the Securities and Exchange Commission.