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The BUZZ: ‘ROTV’ Markets RV Industry, Lifestyle

December 27, 2016 by · Leave a Comment 

ROTV Executive Producer José Moniz For the second straight year, “Rollin’ On TV” (ROTV), the nation’s leading weekly RV lifestyle television program, will broadcast the annual RVBusiness Magazine RV Of The Year Awards Show on Jan. 9 at the RV/MH Hall of Fame Museum/Northern Indiana Event Center in Elkhart, Ind. The awards program is scheduled to air the week of Jan. 29 before the show’s potential audience of close to 40 million homes on both cable and satellite TV. “We’re... Read more

Camping World Plans for Rapid Expansion in Va.

December 23, 2016 by · Leave a Comment 

Camping World Holdings Inc. announced plans for rapid expansion in the state of Virginia, with an expansive supercenter planned in the Richmond area, according to a release. Camping World currently operates stores in Roanoke and Winchester and has identified other Virginia markets for expansion, all to be anchored by the supercenter in Richmond. Additional markets identified for expansion include Virginia Beach, Charlottesville, Alexandria and Fredricksburg. “Virginia is a great state for... Read more

RVIA: Nov. Shipments up 26.9%; Best on Record

December 22, 2016 by · Leave a Comment 

Deliveries to retailers of all RVs were reported at 34,670 units in the November survey of manufacturers by the Recreation Vehicle Industry Association (RVIA), representing a 26.9% increase from the same month last year. This was the largest November total on record and represented a seasonally adjusted annual rate of more than 425,000 units. Shipments of all towable RVs rose 27.1% to 30,389 units while all motorhome shipments increased 25.4% to 4,281 unit in the month of November. Year-to-date,... Read more

Towables Propel Winnebago to 1Q Income Gains

December 21, 2016 by · Leave a Comment 

Winnebago Industries Inc. today (Dec. 21) posted a 37.2% increase in net income for its fiscal 2017 first quarter, ended Nov. 26, driven by improved performance in the company’s towable division. Revenues for the first quarter were $245.3 million, an increase of 14.5%, compared to $214.2 million for the fiscal 2016 period. Net income was $11.7 million, or 42 cents per diluted share, compared to $8.6 million, or 32 cents per diluted share, in the same period last year. Operating income was... Read more

RVB Announces ‘Top Debuts’ for ’17 Model Year

December 19, 2016 by · Leave a Comment 

Following a hectic fall schedule that saw RVBusiness staffers onsite to review new motorized and towable RVs at all three major fall and winter RV shows — including “America’s Largest RV Show” in Hershey, Pa., the Elkhart RV Open House and the Recreation Vehicle Industry Association’s (RVIA) National RV Trade Show in Louisville, Ky. — RVB editors today (Dec. 19) released their annual list of Top Debuts for the 2017 model year from North America’s RV builders. “The RV industry goes... Read more

Dometic Intros New U.S. Exec, Rebranding Plan

December 19, 2016 by · Leave a Comment 

(L-R) Roger Johannson, Dave Schutz and Scott Nelson A full contingent of Dometic Corp.’s senior management was on hand at RVIA’s National RV Trade Show, Nov. 28-Dec. 1 in Louisville, Ky., for the formal rollout of a new corporate rebranding initiative designed to align all of the publicly held, Stockholm-based firm’s brands, logos and 6,500 employees located in Germany, Belgium, Sweden, China, the U.S. and elsewhere under one aligned brand and one new slogan: “Mobile Living Made Easy.” “Yes,... Read more

The Buzz: LCI Focuses on Customer Experience

December 16, 2016 by · Leave a Comment 

Jason Lippert Lippert Components Inc. (LCI) announced an acquisition during RVIA’s National RV Trade Show in late November that clearly wasn’t consistent with other mid-size firms the $1.4-billion-a-year Elkhart, Ind.-based supplier had purchased in recent years because the seller in this case — Camping Connection – doesn’t manufacture anything. The small Florida-based firm instead specializes in mobile and in-shop repair services for RV consumers in Kissimmee, Fla., and Myrtle Beach,... Read more

The Buzz: Canada’s Devenish Updates Tax Issue

December 15, 2016 by · Leave a Comment 

Shane Devenish Although the matter is far from resolved, some 1,760 Canadian campgrounds received welcome news in early December when it was learned government officials are recommending to reverse the Canada Revenue Agency’s (CRA) decision to rescind the small business tax deduction for private campgrounds. It’s a somewhat complicated matter, but basically earlier this year CRA decided campgrounds with fewer than five full-time employees would no longer qualify for the small business tax deduction.... Read more

Mike Happe Addresses Grand Design’s Dealers

December 12, 2016 by · Leave a Comment 

Winnebago President and CEO Michael Happe at the Louisville Show (Photo by Shawn Spence) Saying the combined companies are “a good fit culturally, strategically and we hope financially,” Michael Happe, president and CEO of Winnebago Industries Inc., sought to put everyone at ease during an impromptu Q&A session during the Louisville Show with 200-some dealer members for Grand Design RV Co. Winnebago officially acquired Grand Design on Nov. 9 for approximately $500 million in cash and Winnebago... Read more

SSI: Towable Sales Rise 4.1% in Oct., 12.2% YTD

December 9, 2016 by · Leave a Comment 

Year-over-year towable retail registrations grew 4.1% in October, again lifted by the high-volume travel trailer market, while posting a 12.2% increase for the first 10 months. According to the latest report from Statistical Surveys Inc. (SSI), results by category showed: Sales for the travel trailer segment increased 7.4% for the month and 15.3% year-to-date. Fifth-wheel registrations edged down 5% in October, while rising 4.5% for the first 10 months. Folding camping trailer sales fell... Read more

RV Industry Stocks Still Garnering Healthy Gains

December 8, 2016 by · Leave a Comment 

Recreational vehicle industry stocks continued to post impressive gains as the stock market itself garnered record highs Wednesday (Dec. 7). The Dow Jones Industrial Average closed out the day up 297.84 points to 19,549.62 while he NASDAQ Composite rose 60.76 to 5,393.76 and the S&P 500 gained29.12 to 2,241.35. Publicly traded RV-related stocks by mid-day Wednesday reflected admirable monthly gains across the board: Patrick Industries Inc. (PATK) – up 32.52% Drew Industries Inc. (DW) –... Read more

’16 Louisville Show Turnout on Par with Year Ago

December 6, 2016 by · Leave a Comment 

The Recreation Vehicle Industry Association’s (RVIA) 54th annual National RV Trade Show ended Dec. 1 after a robust display of industry participation that included dealers, suppliers, manufacturers and media converging on the Kentucky Exposition Center in Louisville. RVIA reported in a release that attendance totaled 7,674 for the four-day event, on par with the 7,725 attendees from 2015. Attendance in the buying categories – RV dealers, accessory stores and repairs shops, campgrounds... Read more

Stinnett RV Buyout Fuels Campers Inn Expansion

December 5, 2016 by · Leave a Comment 

Jeff Hirsch (L) and Tom Stinnett in Louisville (Photo by Shawn Spence) Last Wednesday’s (Nov. 30) news that East Coast RV retailer Campers Inn RV is purchasing southern Indiana’s Tom Stinnett Derby City RV — and adding a 16th store in the process – wasn’t lost on thousands of busy attendees at the Recreation Vehicle Industry Association’s (RVIA) 54th Annual National RV Trade Show. After all, Campers Inn President and owner Jeff Hirsch and Tom Stinnett, a partner in the Clarksville,... Read more

Campers Inn Acquires Tom Stinnett Derby City RV

November 30, 2016 by · Leave a Comment 

Jeff Hirsch (L) and Tom Stinnett (Photo by Shawn Spence) Multilocation dealership Campers Inn RV announced the acquisition of Tom Stinnett Derby City RV in Clarksville, Ind. According to a press release, Campers Inn plans on retaining Derby City RV staff and integrate operations into its corporate infrastructure.  “This is a very proud day for myself and the Campers Inn RV organization,” said Jeff Hirsch, president/owner of Jacksonville, Fla.-based Campers Inn RV. “We are aligning with one... Read more

Thor Reporting Record Revenue, Income for 1Q

November 29, 2016 by · Leave a Comment 

Thor Industries Inc. today (Nov. 28) reported record first-quarter net income of $78.7 million, or $1.49 per diluted share, on record revenues of $1.71 billion for the first quarter ended Oct. 31. Totals reflected Jayco Inc.’s contributions during the quarter, which Thor acquired on July 1. Gross profit in the quarter, ended Oct. 31, increased 55.5% to $236.8 million, though gross profit margins decreased modestly to 13.9% in the first quarter compared to 14.8% in the prior-year period,... Read more

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