Camping World Buying Tom Johnson, Dandy RV

December 19, 2014 by · 5 Comments 

Marcus Lemonis Camping World Inc.’s 100-store-plus network of rolling stock RV dealerships has taken an appreciable step forward with the acquisitions of two high profile U.S. dealerships, Tom Johnson Camping Centers (TJCC) in Marion and Concord, N.C., and Dandy RV Superstore in Oxford, Ala., confirms Camping World Chairman and CEO Marcus Lemonis. This, of course, is big news for the industry at large, coming as it does amid an era of continuing consolidation. Tom Johnson’s, a regional powerhouse... Read more

‘Operational Challenges’ Impact Winnebago 1Q

December 18, 2014 by · Leave a Comment 

Winnebago Industries Inc. today reported a drop in net income on flat sales for the company’s fiscal 2015 first quarter, impacted by “operational challenges.” Revenues for the first quarter, ended Nov. 29, were $224.4 million, an increase of 0.8% versus $222.7 million for the fiscal 2014 first quarter. Net income was $9.9 million, or 37 cents per diluted share, versus $11.1 million, or 40 cents per diluted share, last year while operating income was $14.4 million compared to $16 million. The... Read more

HUD Recommends Backing off on Park Models

December 16, 2014 by · Leave a Comment 

Editor’s Note: The following is a report by Woodall’s Campground Management, sister publication to RVBusiness, on a recent round of committee meetings by the U.S. Department of Housing and Urban Development (HUD) concerning regulations governing park model RVs. Two months after the U.S. Department of Housing and Urban Development (HUD) issued a memo that threatened to cause problems for RV parks and campgrounds with park model RVs as well the manufacturers of the RVs, an advisory committee... Read more

Winnebago Reports Steady Traffic At Louisville

December 15, 2014 by · Leave a Comment 

Dealers examine product at Winnebago’s Louisville exhibit While The Recreation Vehicle Industry Association’s (RVIA) recent National RV Trade Show in Louisville, Ky., didn’t set any attendance records, Scott Degnan, Winnebago Industries Inc. vice president of sales and product management, says the Forest City, Iowa, manufacturer was pleased with the show’s traffic and outcome. ”We had a very good show,” Degnan said. ”I’ve seen a lot of good ones and... Read more

GE Capital Survey: Expectations High for 2015

December 11, 2014 by · Leave a Comment 

Optimism remains high in the recreational vehicle industry, according to survey results released today by GE Capital’s Commercial Distribution Finance (CDF) business. GE Capital reported that 41% of survey respondents said they expect sales to rise 5% to 10% next year, and an additional 26% expect RV sales to grow 10% to 15%. This is similar to last year’s sentiment, where 37% of respondents thought their sales would grow 5% to 10%. “The RV industry has reason to feel optimistic once again,... Read more

RV Dealers See ’15 Growth after National Show

December 10, 2014 by · Leave a Comment 

Dealers shop Coachmen’s product exhibit in Louisville The buyers are back. Consumers, enticed by an unprecedented run of low interest rates and inspired by a highly diverse, amenity-loaded product mix, are seeing RVs as an attractive option for their discretionary dollar. The crowds that converged at this year’s flurry of consumer shows offered repeated testimony that RVers are in a buying mood. And, as the retail community convened in Louisville, Ky., last week for the 52nd running of the... Read more

‘Soft’ Louisville Show Fueling Continued Debate

December 9, 2014 by · 2 Comments 

Attendees check out displays in Louisville Now that the industry has returned from the Recreation Vehicle Industry Association’s (RVIA) 52nd Annual National RV Trade Show, Dec. 2-4 at the Kentucky Exposition Center in Louisville, the debate over the viability of the industry’s trade shows – and whether there’s just too many of them – appears to be gaining momentum. Attendance at this year’s Louisville Show, a traditional venue including more than 755,500 square feet, 57 manufacturers... Read more

RVIA Says Louisville Show Attendance Falls 3%

December 5, 2014 by · Leave a Comment 

The Recreation Vehicle Industry Association’s (RVIA) National RV Trade Show, which concluded in Louisville, Ky., yesterday (Dec. 4), reported attendance for the three-day event was 7,525 representing a 3% decrease from 7,751 last year. Dealer attendance dropped 4% year-over-year from 2,548 in 2013 to 2,454 while the total number of buyers showed a 2% decline from 2,874 to 2,813. In addition, manufacturer exhibitors decreased 12% to 1,548 and the number of supplier exhibitors was flat, down... Read more

Coon: Shipments will Top 361,000 Units in 2015

December 2, 2014 by · Leave a Comment 

RVIA President Richard Coon The recreational vehicle industry’s shipments will total 361,400 units in 2015, a 3.9% increase above the projected 2014 total of 348,000, Recreation Vehicle Industry Association (RVIA) President Richard Coon announced at the kickoff event to the industry’s annual trade show. The new forecast was prepared by RV industry analyst Dr. Richard Curtin, and released at RVIA’s National RV Trade Show, held annually in Louisville, Ky. “This is a great time to be part of... Read more

Thor Industries Reporting 15% Q1 Sales Growth

December 2, 2014 by · Leave a Comment 

Elkhart, Ind.-based Thor Industries Inc. reported a 15% increase in sales from continuing operations for its first fiscal quarter compared to the same period year ago and an 8% boost in net income. “Thor posted solid improvements in net sales and income from continuing operations in the first quarter of fiscal year 2015 driven by continuing growth in both our motorized and towable operations,” said Bob Martin, Thor president and CEO, in the company’s announcement. “Looking ahead, we... Read more

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