The Outdoor Recreation Roundtable (ORR) issued the following statement on President-elect Donald Trump’s intention to nominate North Dakota Governor Doug Burgum to be Secretary of the U.S. Department of the Interior when he takes office next year: “Earlier this year, ORR was proud to support Governor Burgum in announcing North Dakota as the 22nd state …
18th, November 2024, 08:20pm
Patrick Industries announced that on Nov. 14, its board of directors approved an increase in the amount of its quarterly cash dividend on its common stock to $0.60 per share from $0.55 per share. The dividend is payable on Dec. 9 to shareholders of record at the close of business on Nov. 25. Additionally, the …
18th, November 2024, 08:19pm
AAA projects 79.9 million travelers will head 50 miles or more from home over the Thanksgiving holiday travel period*. For the first time, AAA’s forecast includes the Tuesday before and the Monday after Thanksgiving Day to better capture the flow of holiday travelers. This year’s projection of nearly 80 million travelers is an increase of …
18th, November 2024, 08:18pm
Camping World Holdings announced that it has entered into an agreement to acquire the assets and certain real estate of seven dealerships from Lazydays Holdings Inc. The company estimates the transaction to be valued at approximately book value, with an estimated total net cash outlay of between $10 million to $20 million after expected proceeds …
15th, November 2024, 07:42pm
The 2024 RV Dealers Convention/Expo at Paris Las Vegas wrapped up on Nov. 15 with its final workshop focused on fixed operations, presented by the RV Learning Center’s Tony Yerman. The event’s registered attendance was 1,704 dealers, exhibitors and industry partners, a 3.5% increase over the 2023 event. “The RVDA Convention/Expo Committee, chaired by Chris …
15th, November 2024, 07:38pm
Lazydays Holdings Inc. announced a series of transformative transactions designed to provide the company with a significantly strengthened financial foundation and a more focused dealership portfolio. The transactions, which include a comprehensive recapitalization and certain asset sales, will result in meaningful reductions in the company’s debt, interest and preferred stock dividend payments, substantial added cash …
15th, November 2024, 07:35pm
Kampgrounds of America Inc. (KOA) released its Economic Impact report as a part of the annual Camping and Outdoor Hospitality Report series. The report, the tenth and final report in the series, dives into the economic impact of camping, from benefits to barriers. It shows that spending habits paired with desired experiences from outdoor enthusiasts …
15th, November 2024, 07:29pm
The following is a report from Guru Focus. Park West Asset Management LLC has recently expanded its investment portfolio by acquiring 1,464,081 shares of Lazydays Holdings. The transaction, which took place on Sept. 30, marks a new holding for the firm. The shares were purchased at a price of $1.50 per share, making the total investment …
15th, November 2024, 07:26pm
Expion360 Inc., an industry supplier of lithium-ion battery power storage solutions, reported its financial and operational results for the third quarter ended Sept. 30 Third quarter and subsequent 2024 financial and operational highlights: Q3 2024 revenue totaled $1.4 million, up 8.7% sequentially from Q2 2024. Q3 2024 net loss totaled $8.8 million compared to a …
15th, November 2024, 07:24pm
Dragonfly Energy Holdings Corp., maker of Battle Born Batteries, reported its financial and operational results for the third quarter ended Sept. 30. Third quarter 2024 financial highlights: Net Sales were $12.7 million, compared to $15.9 million in Q3 2023 Gross Profit was $2.9 million, compared to $4.6 million in Q3 2023 Operating Expenses were $(8.9) …
15th, November 2024, 07:19pm