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‘Lazydays Holdings’ Posts 4.6% Gain in 1Q Sales

May 10, 2018 by · Leave a Comment 

Lazydays Holdings Inc. reported a 4.6% increase in revenues for the first quarter, ended March 31. Revenues totaled 177.8 million compared with $170 million during the same period a year ago. Sales of recreational vehicles increased by $7.5 million, or 4.9%. to $158.3 million, driven by strong customer demand for new recreational vehicles. Net income for the quarter was $3 million compared with nearly $4 million a year ago while gross margins increased 9.2% to $38.9... Read more

NomadFEST Sold Out; RV Nomad Movie to Debut

May 9, 2018 by · Leave a Comment 

NomadFEST, an event created by Nomadic Life Films and organized by EPIC Nomad TV to host the world premiere of “RV Nomads: The Movie,” has officially sold out of the 400 tickets available for the first showing of the film. The event will include a content creators summit, film festival and a plethora of additional events for full-time nomads. Set to take place Oct. 18-22 in Wellington, Texas, organizers said the level of enthusiasm shown for the film and NomadFEST has surpassed their... Read more

SSI: Towable Sales up 8.7% YOY Through March

May 8, 2018 by · Leave a Comment 

Towable retail registrations grew 8.7% for the first three months of 2018 as the travel trailer and fifth-wheel segments continued to show year-over-year gains. According to the latest report from Statistical Surveys Inc. (SSI), results by category showed: Sales for the travel trailer segment climbed 8.8% for the three months. Fifth-wheel registrations rose 11 % through March. Folding camping trailer sales fell 15.4% for the three months. Park model RV sales edged up 4.3% through... Read more

New CWHI Supercenters Mix RV, Outdoor, Marine

May 7, 2018 by · Leave a Comment 

In a move that should greatly diversify and expand Camping World Holdings Inc.’s (CWHI) brand within the outdoor recreation and marine markets, Chicago-based CWHI will be integrating many of its newest Camping World stores with the Gander Outdoors and Overton’s marine retail outlets it acquired in 2017, according to CWHI Chairman Marcus Lemonis. While he had hinted previously about a combined brand strategy that would integrate the outdoor, marine and RV markets for the first time — fueling... Read more

Lippert Posts Strong 1Q Results; Sales Grow 31%

May 4, 2018 by · Leave a Comment 

LCI Industries (LCI) reported a 31% increase in sales during its first quarter, boosted by strong RV performance. Consolidated net sales for the first quarter grew to $650 million from $498 million a year ago. Net income was $47.3 million, or $1.86 per diluted share, compared to net income of $43.1 million, or $1.71 per diluted share, in the first quarter of 2017. Net sales from acquisitions completed by the company over the 12 months ended March 31, contributed $53 million in the first quarter.... Read more

Power Breakfast: Industry is Key Economic Driver

May 3, 2018 by · Leave a Comment 

Sen. Joe Donnelly (L) with Forest River CEO Pete Liegl A capacity crowd of over 900 packed the RV/MH Hall of Fame’s Northern Indiana Event Center Thursday (May 3) morning, as representatives across all segments of the industry assembled for the sixth edition of the RV Power Breakfast — a gathering that has become a mainstay on the industry’s event circuit. (To view a slideshow scroll to the right side of the RVBUSINESS.com home page. Photos by Shawn Spence.) Facilitated by RVBusiness, the... Read more

Winnebago Intros All-Electric Commercial Vehicle

May 1, 2018 by · Leave a Comment 

Winnebago Industries Inc. announced the launch of an all-electric/zero-emission commercial vehicle platform through the company’s Specialty Vehicles Division. In conjunction, the company also announced a strategic partnership with Motiv Power Systems Inc., a chassis supplier for medium-duty electric vehicles, for the development and supply of electric-powered chassis. As part of the strategic partnership, Winnebago intends to make a financial investment in Motiv, the terms of... Read more

Patrick Announces Acquisition of Supplier Dehco

April 30, 2018 by · Leave a Comment 

Elkhart, Ind.-based supplier Patrick Industries Inc. announced Monday (April 30) that it has completed the acquisition of Dehco Inc., a distributor and manufacturer of parts and accessories primarily for the recreational vehicle, manufactured housing, marine and other industrial markets.   According to a press release, Dehco’s primary products include flooring, kitchen and bath products, adhesives and sealants, electronics, appliances and accessories, LP tanks, and other related building... Read more

Patrick Posts 60% 1Q Sales Gain, Income Up 72%

April 26, 2018 by · Leave a Comment 

Elkhart, Ind.-based supplier Patrick Industries Inc. reported a 60% year-over-year increase in sales for its first quarter, ended April 1. Net sales grew to $551.8 million from $345.4 million in the same quarter of 2017. The increase was attributable to industry growth, acquisitions, geographic expansion efforts, and market share gains. The company’s revenues from the RV industry, which represented 69% of first quarter sales, increased 53% as industry wholesale unit shipments increased... Read more

RVIA: RV Shipments in March Exceed 50,000 Units

April 25, 2018 by · Leave a Comment 

The Recreation Vehicle Industry Association’s (RVIA) March survey of manufacturers found RV wholesale shipments finished at 51,607, an increase of 8.5% from the 47,579 units shipped last March. The March 2018 shipment total is the best March on comparable record, and first time monthly production has surpassed 50,000 units. All towable RVs, led by conventional travel trailers, totaled 45,490 units for the month, an increase of 8.9% compared to last March’s towable RV shipment total of 41,766. March... Read more

RV Executive Today: Top-Selling Brands For 2017

April 25, 2018 by · Leave a Comment 

Editor’s Note: The following article, authored by Recreation Vehicle Dealers Association (RVDA) Director of Industry Relations Jeff Kurowski, appears in the April issue of RV Executive Today identifying the top-selling brands in all categories for 2017 per data compiled by Statistical Surveys Inc. (SSI). To view the online version of RV Executive Today click here. Jay Flight ranked as the top-selling travel trailer brand in 2017, marking the 12th year in a... Read more

RVIA Will Hold 2019 Spring Show in Salt Lake City

April 24, 2018 by · 1 Comment 

The Recreation Vehicle Industry Association’s (RVIA) board of directors has unanimously approved Salt Lake City to be the kickoff location for a new national industry event, RVX: The RV Experience. The event will take place March 12-14, 2019. According to a news release, RVX is designed to spark consumer interest by sending them into dealerships across the country. The event will promote the RV lifestyle by bringing the industry together to unveil the latest products, celebrate innovation, and... Read more

Winnebago Expansion Raises Focus on Towables

April 23, 2018 by · Leave a Comment 

Scott Degnan In response to a sustained uptick in towable sales, Winnebago Industries Inc. recently announced plans for a $12-$13 million expansion on around 30 acres of acquired farmland adjacent to its operations in Middlebury, Ind., near the Michigan state line. “The bottom line is that we just outgrew our production facilities,” reported Scott Degnan, vice president and general manager, towables business, noting that Winnebago was currently operating in facilities acquired from Sunnybrook... Read more

LCI to Break Ground on Beam Processing Center

April 20, 2018 by · Leave a Comment 

Lippert Components Inc. (LCI) announced that it will hold a groundbreaking ceremony for its new beam processing center, located on a 10-acre site in the Lippert Components manufacturing complex in Goshen, Ind. The groundbreaking ceremony will take place on Monday (April 23) at 3 p.m. (EDT). According to a press release, the company is investing in a 107,000-square-foot, multimillion dollar facility to enhance the manufacture of I-beams that form the framework of nearly every chassis... Read more

Newmar Honors Parks During Awards Ceremony

April 19, 2018 by · 1 Comment 

(L-R) Newmar President Matt Miller, Chairman Dick Parks and Vice President of Sales and Marketing John Sammut (Photo by Shawn Spence) In a stirring ceremony prior to its Dealer Awards festivities, Dick Parks was honored by Newmar Corp. Wednesday (April 18) night as part of the Nappanee, Ind.-based motorhome manufacturer’s 2017 Dealer Meeting. The three-day event concludes today at the Gaylord Texan Resort Hotel & Convention Center in Grapevine, Texas. With a heartfelt tribute, Newmar President... Read more

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