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New Gonow Drives Closer To Hong Kong Listing
Friday, September 20, 2024 - 11:24am | 1266Key Takeaways: New Gonow has received a key regulatory nod to list in Hong Kong, reporting rapidly improving margins as it gains economies of scale The company manufactures recreational vehicles in China for sale in Australia, and aims to eventually expand to North America and Europe By Doug...
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EcoFlow And Winnebago's RV: The Green Machine Revolutionizing Off-the-Grid Adventures
Friday, July 28, 2023 - 3:45pm | 438In a major move towards sustainable living, power solutions company EcoFlow and Winnebago Industries, Inc. (NYSE: WGO) have launched the Solis Pocket 36B, a compact recreational vehicle (RV) featuring a unique built-in energy solution. Powering Adventures With Sustainable Energy The Solis Pocket...
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Is Lordstown Motors Relationship With Camping World Over?
Monday, June 21, 2021 - 2:50pm | 444A former partner of Lordstown Motors Corp (NASDAQ: RIDE) is distancing itself amid the struggles the company faces and the resignation of its CEO and CFO. What Happened: A Twitter post highlighted Lordstown halting its collaboration with Camping World Holdings Inc (NYSE: CWH) to put its focus...
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'No More Planes, No More Hotels' Trend Bodes Well For Thor Industries
Tuesday, June 9, 2020 - 4:24pm | 327Recreational vehicle maker Thor Industries, Inc. (NYSE: THO) is taking advantage of the "no more planes, no more hotels" trend playing out among those who would have otherwise never considered RV ownership, Thor CEO Robert Martin said Monday on CNBC's "Mad Money." What...
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Cramer Touts Camping Stocks: 'The Perfect COVID Vacation'
Wednesday, June 3, 2020 - 5:15pm | 389piAt a time when the travel and leisure industry is on pause, the recreational vehicle industry is showing notable signs of strengths as it represents "the perfect COVID vacation," according to CNBC's Jim Cramer. What To Know The global COVID-19 pandemic represents a "huge...
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Winnebago's Profit Rises And Revenues Fall Less Than Expected
Wednesday, October 23, 2019 - 11:14am | 1006Investors were optimistic heading into Winnebago Industry Inc.'s (NYSE: WGO) fourth-quarter earnings report as the company's shares broke into a new 52-week high on Monday, hitting a peak of $43.01. And the investors sentiment was on the right track. The RV industry seems to...
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"Nuclear Verdict" Kills 540 Truck Carrier
Monday, October 14, 2019 - 12:46pm | 904Country Wide RV Transport (CWRV), the nation's second largest RV and motor-home transportation provider, is shutting down for good, according to information received late Friday by FreightWaves. The 540 drivers that currently work for the recreational vehicle transport company will be out of work...
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KeyBanc Downgrades Camping World, Asks 'Where's The Profit?'
Friday, May 17, 2019 - 10:46am | 334The recreational vehicle market remains healthy, but KeyBanc's first hand-checks point to numerous concerning trends at Camping World Holdings Inc (NYSE: CWH) The Analyst KeyBanc's Brett Andress downgraded Camping World from Overweight to Sector Weight with no price target. The Thesis...
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Camping World Analyst Downgrades RV Dealer After 'Challenging' Q1
Thursday, May 9, 2019 - 12:06pm | 425Outdoor and camping retailer Camping World Holdings Inc (NYSE: CWH) reported first-quarter results Wednesday afternoon that were highlighted by "challenging" financial results and an "ambitious" 2019 outlook, according to Bank of America Merrill Lynch. The Analyst...
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Thor Trucks, Now XOS, Ordered To Change Its Name In Settlement With RV Maker Thor Industries
Thursday, April 18, 2019 - 3:33pm | 416Thor Trucks announced it is changing its name to XOS on April 18 after settling a trademark infringement lawsuit with the maker of recreational vehicles with a similar name, Thor Industries Inc., in January. RV-maker Thor Industries has been in business for nearly 30 years. It filed a name...
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Thor's 'Solid Quarter' Not Strong Enough For This Analyst To Turn Bullish
Thursday, March 8, 2018 - 2:44pm | 398Thor Industries, Inc. (NYSE: THO), a maker of a range of recreational vehicles, reported Wednesday its fiscal second quarter results which were "solid" but not strong enough for Stifel to turn bullish on the stock. The Analyst Stifel's Michael Baudendistel maintains a Hold rating on...
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5 Reasons Why BMO Upgraded Winnebago
Tuesday, February 27, 2018 - 1:01pm | 441The recreational vehicle market is in its ninth consecutive year of expansion, which bodes well for Winnebago Industries, Inc. (NYSE: WGO) — as it's capable of superior growth compared to its rivals, according to BMO. The Analyst BMO Capital Markets' Gerrick Johnson upgraded...
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Thor Industries Hammers Expectations With Strong Q1 Beat
Tuesday, November 28, 2017 - 10:29am | 423Thor Industries, Inc. (NYSE: THO) reported fiscal first quarter results Monday, posting a strong top- and bottom-line beat. The Analyst Baird Equity Research's Craig Kennison maintains an Outperform rating on Thor's stock with a price target boosted from $136 to $160. The...
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Is Winnebago's Stock Overheating? Analyst Thinks Its Valuation Is Starting To Look Pricey
Wednesday, October 4, 2017 - 9:47am | 372After a more than 45 percent gain since the start of 2017, analysts at Stifel now recommend Winnebago Industries, Inc. (NYSE: WGO) investors to "[pull] over at a rest stop." Analyst Michael Baudendistel downgraded Winnebago's stock from Buy to Hold but with a price target raised from...
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How The RV Industry Plays A Role In Helping With Harvey
Thursday, August 31, 2017 - 3:46pm | 321If you’re long in insurance or bullish on oil, Hurricane Harvey isn’t your friend. But the deadly and destructive force may prove surprisingly life-giving to certain industries. One beneficiary? Motorhomes. “The RV industry likely will be called upon to provide temporary housing...