Marcus Lemonis and Team Continue Building a Seamless Approach to the Outdoor Lifestyle Market
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the nation’s largest network of RV-centric retail locations, today announced plans to purchase Uncle Dan’s Outfitters, a specialty retailer of outdoor gear, apparel and camping supplies.
The acquisition will expand and strengthen the Company’s efforts in the broader outdoor lifestyle market. Over the past six months, Camping World Holdings (CWH) has acquired certain assets of Gander Mountain, a leading retailers of hunting, fishing, camping, and outdoor gear, Overton’s, a leading retailer of boating and marine accessories, and TheHouse.com, an online retailer specializing in bikes, sailboards, skateboards, wakeboards, snowboards and outdoor gear. The combination of these retailers and their e-commerce platforms provides CWH with a strong foundation in the outdoor lifestyle market from which to continue and building upon.
“Under the leadership of Brent Weiss and family for over 45 years, Uncle Dan’s Outfitters strengthens Camping World Holding’s efforts to build a seamless approach to the outdoor lifestyle market and further positions the company to expand the reach and product offerings of our e-commerce business,” said Marcus Lemonis, Chairman of Camping World Holdings. “The management team not only possess strong knowledge of the outdoor outfitter market but also has a keen eye for the development and invention of new product offerings.”
The acquisition of Uncle Dan’s Outfitters is further evidence of CWH’s commitment to an omni-channel approach to penetrating the outdoor lifestyle market. Uncle Dan’s Outfitters will position the company for further growth to its expanding e-commerce platform at udans.com, by increasing customer reach and adding new quality product offerings. Uncle Dan’s Outfitters will also serve as the official supplier of outdoor gear, apparel and camping supplies to the company’s rebranded Gander Outdoors retail stores across the country.
About Camping World Holdings, Inc.
Camping World Holdings, headquartered in Lincolnshire, Illinois, is the leading outdoor and camping retailer, offering an extensive assortment of recreational vehicles for sale, RV and camping gear, RV maintenance and repair and the industry’s broadest and deepest range of services, protection plans, products and resources. Since the Company's founding in 1966, Camping World has grown to become one of the most well-known destination for everything RV, with over 135 retail locations in 36 states and comprehensive e-commerce platform. Coupled with an unsurpassed portfolio of industry-leading brands including Gander Outdoors, Good Sam, Overton’s, The House and Windward/W82, Camping World Holdings has become the synonymous with outdoor experiences. Camping World’s stock is traded on the New York Stock Exchange under the symbol "CWH".
For more information, visit www.CampingWorld.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Camping World and other matters. All statements other than statements of historical facts contained in this press release may be forward-looking statements. Statements regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expects,’’ ‘‘plans,’’ ‘‘anticipates,’’ ‘‘could,’’ ‘‘intends,’’ ‘‘targets,’’ ‘‘projects,’’ ‘‘contemplates,’’ ‘‘believes,’’ ‘‘estimates,’’ ‘‘predicts,’’ ‘‘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 may 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 be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the Securities and Exchange Commission.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171012005413/en/
For Media Outlets:
Camping World Holdings, Inc.
Source: Camping World Holdings, Inc.