Since Camping World IPO in October last year, they have more cash on hand so buying spree is happening. It is interesting for CEO Marcus Lemonis to say that he hates motorhomes while getting deeper into it. Camping World Holdings rises 3% after IPO
I am always amazed how large impact a CEO can make on a company; Sears’ Lampert, HP’s Fiorina, GM’s Barra https://www.usatoday.com/story/money...-gm/102484738/
or CW’s risky flamboyant Lemonis.
Time will tell about CW, but I am not optimistic. I often drive by a large RV dealership south of Portland OR on 99W and am amazed how these businesses can survive with these huge RV inventories on hand just sitting there, sometime I remember a specific RV siting there for months.