Camping World Holdings, Inc. (NYSE: CWH)

This lawsuit is for anyone who acquired securities in Camping World Holdings, Inc. (NYSE: CWH) from April 29, 2025 through February 24, 2026.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by touting strong inventory management and resulting margin benefits when the Company lacked strong inventory management.

On October 29, 2025, Camping World released its third quarter 2025 financial results, reporting, among other things, a reduction in 2026 guidance to “$310 million on the EBITDA side,” due in part to rebuilding the Company’s “inventory positions.” The Company’s CEO, Marcus Lemonis, further announced he had “laid down the gauntlet with the team” in “pushing them to liquidate out of inventory.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on February 25, 2026, Camping World released its fourth quarter 2025 financial results, reporting, among other things, “a net loss of $(109.1) million” (an increased loss of 83.3%), and “total gross margin was 28.8%, a decrease of 247 basis points.” The Company further disclosed that it “implemented strict, corrective inventory management objectives to structurally improve [] turnover rates. These actions are expected to result in gross margin headwinds in the first half of 2026.” On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Camping World Holdings, Inc. (NYSE: CWH) from April 29, 2025 through February 24, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.