Finance and Insurance
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RV News
Patrick Industries Announces Three-for-Two Common Stock Split
Patrick Industries announced that on Nov. 18, the company’s board of directors approved a three-for-two stock split of the company’s…
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RV News
Lazydays Holdings Reports Q3 Financial Earnings
Lazydays Holdings Inc. today announced its third quarter 2024 earnings results. Ron Fleming, interim CEO, said, “Despite challenging financial results…
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RV News
Patrick Approves Increased Regular Quarterly Dividend, Share Repurchase Authorization
Patrick Industries announced that on Nov. 14, its board of directors approved an increase in the amount of its quarterly…
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RV News
Park West Asset Management Acquires New Stake in Lazydays
The following is a report from Guru Focus. Park West Asset Management LLC has recently expanded its investment portfolio by acquiring…
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RV News
Expion360 Touts Revenue Growth, New OEMs in Q3 Report
Expion360 Inc., an industry supplier of lithium-ion battery power storage solutions, reported its financial and operational results for the third…
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RV News
Dragonfly Energy Reports Q3 Financials
Dragonfly Energy Holdings Corp., maker of Battle Born Batteries, reported its financial and operational results for the third quarter ended…
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RV News
Octane Completes $326M Asset-Backed Securitization
Octane announced that it has closed a $326 million securitization (OCTL 2024-3) collateralized by fixed-rate installment powersports loans issued through…
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RV News
LCI Industries Reports Strong Q3 Despite Challenges
LCI Industries reported third quarter 2024 results. “Despite a challenging RV and marine industry backdrop, we delivered a strong quarter…
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RV News
Allison Transmission Declares Quarterly Dividend
Allison Transmission Holdings announced that its board of directors has declared a cash dividend of $0.25 per share on the…
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RV News
Sun Communities Announces Restructuring, CEO Retirement & Q3 Financials
Michigan-based Sun Communities, a real estate investment trust (REIT) that owns and operates, or has an interest in, manufactured housing…
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RV News
Cummins Reports Strong Q3 Results
Cummins Inc. reported results for the third quarter of 2024. “We achieved strong sales and profitability in the third quarter,…
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RV News
Myers Industries Sees 3.7% Net Sales Increase in Q3
Myers Industries Inc., a manufacturer of polymer and metal products and distributor for tire, wheel and under-vehicle service industry, announced…
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RV News
Camping World Closes Offering of Class A Common Stock
Camping World Holdings announced the closing of the previously announced underwritten public offering of 14,634,146 shares of its Class A…
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RV News
Camping World Offers $300M Stock Priced at $20.50
Camping World Holdings announced a proposed offering of $300.0 million of its Class A common stock pursuant to a registration…
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RV News
Cavco Announces Q2 Financials, $100M Stock Repurchase Program
Manufactured housing company Cavco announced financial results for the second fiscal quarter ended Sept. 28. Quarterly Highlights Net revenue was $507 million,…
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RV News
Allison Transmission Sees 12% YOY Sales Increase in Q3
Allison Transmission Holdings reported third quarter net sales of $824 million, a quarterly record driven by continued strength in its…
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RV News
Garmin Reports 24% Revenue Increase in Q3
Garmin announced results for the third quarter ended Sept. 28. Highlights for third quarter 2024 include: Consolidated revenue of $1.59 billion,…
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RV News
Octane & RideNow Partner To Launch RideNow Finance
Octane and RideNow, a RumbleOn company and powersports retailer, announced a partnership to launch branded finance in RideNow’s 56 retail stores under…
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RV News
Camping World Reports Q3 Results, Seeing ‘Positive Growth’
Camping World Holdings reported results for the third quarter ended Sept. 30. Marcus Lemonis, chairman and chief executive officer of…
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RV News
Brown & Brown Revenues Up 11% in Q3
Brown & Brown announced its unaudited financial results for the third quarter of 2024. Revenues for the third quarter of…
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RV News
Champion Homes Announces Q2 Results
Champion Homes, formerly known as Skyline Champion Corporation, announced financial results for its second quarter ended Sept. 28. “I am…
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RV News
Protective Asset Protection Named Gold Partner of RVDA Con/Expo
The RV Dealers Association (RVDA) announced that Protective Asset Protection is returning as the gold partner for the 2024 RV…
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RV News
NTP-STAG Parent Company Reports on Q3
LKQ Corporation, the parent Keystone Automotive and its NTP-STAG RV aftermarket distribution division, reported third quarter 2024 financial results. “Our…
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RV News
The Shyft Group Reports Q3 Financials
The Shyft Group, a North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service…
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RV News
Winnebago Reports Decreased Q4 & FY2024 Revenues
Winnebago Industries reported financial results for the company’s fourth quarter and full-year fiscal 2024. Fourth Quarter Fiscal 2024 Financial Summary…
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RV News
Dometic’s Q3 Impacted by ‘Weakened Market Conditions’
Dometic reported financial results for its third quarter. Note one Swedish Krona (SEK) is equivalent to $0.094. Key findings from…
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ELS Financials Show MH Rental Income Up 6.2%
Equity LifeStyle Properties, Inc. announced results for the quarter and nine months ended Sept. 30. All per share results are…
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RV News
Octane Enters the Marine Market
Octane announced that it has entered the marine market. Effective immediately, marine, recreational and powersports dealers selling pontoons and motorboats…
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RV News
Roamly, NIIS Partner on RV Pre-Loss Inspection Tool
Roamly, a leading digital insurance platform, announced a partnership with National Insurance Inspection Services (NIIS) to streamline claims processing through the implementation…
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RV News
Traveler’s Choice RV Commits to Bronze Partnership for RVDA Con/Expo
The RV Dealers Association (RVDA) announced Traveler’s Choice RV, by North American Auto Care (NAAC), has joined the team as a…
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RV News
Expion360 Board Authorizes 1-For-100 Reverse Stock Split
Expion360, maker of in lithium-ion battery power storage solutions, announced that its board of directors authorized the stockholders approved 1-for-100…
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Features
Understanding the Preapproval Process
Purchasing an RV involves significant financial commitments and detailed decision-making. Streamlining this process is essential for an efficient transaction for…
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RV News
Portfolio Named Bronze Partner at 2024 RVDA Con/Expo
The RV Dealers Association (RVDA) announced that Portfolio, a provider of service contracts, has returned as a bronze partner for…
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RV News
Northpoint Commercial Finance Bronze Partner of RVDA Con/Expo
The RV Dealers Association (RVDA) announced that Northpoint Commercial Finance will return as a bronze partner for the 2024 RV Dealers…
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RV News
Erwin Hymer Group Reports Record Results
In the 2023/24 fiscal year, THOR Industries achieved a turnover of $10.04 billion with just over 22,000 employees and 186,908…
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RV News
Outdoorsy Group Exceeds $3B in Sales, Plans European Expansion
The Outdoorsy Group, a travel and hospitality company that operates a consumer marketplace for recreational vehicles, insurance and real estate,…
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RV News
M&T Bank Becomes Bronze Partner for RVDA Con/Expo
The RV Dealers Association (RVDA) welcomed M&T Bank of Buffalo, New York, as a bronze partner for the 2024 RV…
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RV News
THOR Reports $2.53B in Q4 Net Sales
THOR Industries announced financial results for its fourth fiscal quarter ended July 31, 2024. “Our teams delivered solid performances as…
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RV News
Protective’s Sheldon Helps Dealers in an Uneven Economy
For those feeling battered from an economy as uneven as the Rocky Mountains, the RV Dealers Association (RVDA) announced a…
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RV News
RVIA: Marcus Palmer Is Dedicated to the RV Industry
The following is a profile from the RV Industry Association‘s News & Insights report. Marcus Palmer, the RV vertical commercial…
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RV News
Brown & Brown Recognized by ‘Great Place To Work’ for Fifth Year
Brown & Brown’s J. Powell Brown, president and CEO, and Julie Turpin, chief people officer, announced that Brown & Brown…
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RV News
Northpoint Appoints Manager of Business Development
Northpoint Commercial Finance Senior Vice Presidents Jeff Olander and Darren McCarthy jointly announced the recent appointment of Jake Clothier to…
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RV News
REV Group Reports Q3 Financials
REV Group, a manufacturer of specialty and recreational vehicles, reported results for the three months ended July 31 (third quarter…
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RV News
Camping World Declares Q3 Dividend
Camping World Holdings declared a regular cash dividend of $0.125 per share on the company’s Class A Common Stock. Payment is…
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RV News
Priority One To Debut ‘Relaxation Station’ at Forest River Expo During Open House
Priority One Financial Services will debut its Relaxation Station experience at the Forest River Expo, Sept. 23-26. The Priority One…
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RV News
AEONrv Launches Equity Crowdfunding Campaign
AEONrv announced the public launch of its equity crowdfunding campaign on Wefunder. AEONrv said it aims to raise up to…
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RV News
LCI Industries Declares Quarterly Cash Dividend
LCI Industries, through its wholly owned subsidiary Lippert, announced that its board of directors approved a regular quarterly cash dividend…
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RV News
Lazydays Reports Q2 YOY Losses, CEO Remains ‘Confident’
Lazydays reported financial results for the second quarter ended June 30. John North, Lazydays chief executive officer, said, “Our team…
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RV News
Winnebago Board Approves 10% Increase to Quarterly Cash Dividend
Winnebago Industries announced that the company’s board of directors approved a quarterly cash dividend of $0.34 per share payable on…
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RV News
Patrick Industries Declares Quarterly Cash Dividend
Patrick Industries announced that on Aug. 15 its board of directors declared a quarterly cash dividend on its common stock…
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RV News
Expion360 Sales Up 32% in Q2 Financial Report
Expion360 Inc., maker of in lithium-ion battery power storage solutions, reported its financial and operational results for the second quarter…
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RV News
MBA Insurance Announces RVDA Con/Expo Sessions
MBA Insurance announced its inaugural MBA Rental Sessions to be held during the 2024 RV Dealers Convention & Expo at…
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RV News
Octane Lending Again Named to Inc. 5000 List
Octane Lending, a consumer finance service for powersports and more, was named to the Inc. 5000 list of the fastest-growing…
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RV News
Brown & Brown Names New Board Member
Brown & Brown has added insurance industry veteran Stephen (“Steve”) P. Hearn to its board of directors. H. Palmer Proctor…
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RV News
Knaus Tabbert Reports Strong First Half of 2024
Knaus Tabbert, a leading RV manufacturer in Europe, reported a positive first half of the year. A total of 57,893…
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RV News
Skyline Champion Changes Name, Reports Q1 Financials
Champion Homes, formerly known as Skyline Champion Corporation, announced financial results for its first quarter ended June 29. The company…
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RV News
Lippert Sees 4% Sales Increase in Q2
LCI Industries, through its wholly owned subsidiary Lippert, reported second quarter 2024 results. “We delivered strong second quarter results, with…
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RV News
Octane Raises $50M in Series E Funding Round
Octane announced that that it has closed its Series E funding round with $50 million in new equity capital. Octane…
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RV News
Lithia & Driveway Reports Record Q2 Revenue
Lithia & Driveway (LAD), parent company of Airstream Adventures, reported the highest second quarter revenue in company history and the…
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RV News
Cavco Reports FY25 Q1 Results
Manufactured housing company Cavco announced financial results for the for the first fiscal quarter ended June 29. Quarterly Highlights Net…
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RV News
Garmin Sees 14% Revenue Increase in Q2
Garmin announced results for the second quarter ended June 29. Highlights for second quarter 2024 include: Consolidated revenue of $1.51…
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RV News
Camping World Sees Record New Unit Market Share in Q2
Camping World Holdings reported results for the second quarter ended June 30. Net income was $23.4 million for the second…
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RV News
Patrick Industries Taps Market Diversification in Q2 Report
Patrick Industries reported financial results for the second quarter and six months ended June 30. Net sales increased 10% to $1.02 billion,…
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RV News
Cummins Reports Increased Revenues in Q2 Financials
Cummins Inc. today reported results for the second quarter of 2024. “We achieved record quarterly sales and solid profitability in…
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RV News
Myers Industries Reveals Q2 Financials
Myers Industries Inc., a manufacturer of polymer and metal products and distributor for tire, wheel and under-vehicle service industry, announced…
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RV News
LKQ Corp. Sees 7.6% Revenue Increase in Q2
LKQ Corp. today reported second quarter 2024 financial results. “Our second quarter performance did not meet expectations as lower repairable…
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RV News
Shyft Group Reports Q2 Progress Amid ‘Market Softness’
The Shyft Group, the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service…
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RV News
Brown & Brown Reports Q2 Financials
Brown & Brown announced its unaudited financial results for the second quarter of 2024. Revenues for the second quarter of…
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RV News
Ontario RV Dealers Association, Orbit Insurance Renew Collaboration
Orbit Insurance Services and the Ontario Recreation Vehicle Dealers Association (ORVDA) will continue their strategic collaboration for 2024-27, with Orbit…
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RV News
Dometic Q2 Reports Strong Cash Flow, Increased Margin
Dometic reported financial results for its second quarter. Note one Swedish Krona (SEK) is equivalent to $0.095. Key findings from…
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RV News
Priority One Offering Prequalification for Customers
Priority One Financial Services announced it now provides customers the ability to prequalify for financing with no impact to their…
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RV News
700Credit Announces Integration Partnership With Pre-Pair
700Credit, a leading provider of credit reports, compliance solutions, soft pull, identity verification and fraud detection platforms, announced an alliance…
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Fed Chair Powell: Cooling US Job Market Signals Possible Rate Cut
Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing attention to a slowing…
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RVDA & Protective to Host Customer Service, F&I Webinar
The RV Dealers Association (RVDA) and Protective Asset Protection will hold a 30-minute webinar for RV dealers on Wednesday, July 24,…
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RV News
Eberspächer Posts Fiscal Year With Operational Turnaround
Eberspächer reported that in 2023, it had a net revenue of €3.0 billion, an increase of 10.3% compared to the…
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RV News
APCO Holdings Acquires Two F&I Companies
APCO Holdings, provider and administrator of automotive Finance & Insurance (F&I) products, has acquired two companies: Rider’s Advantage and Capital…
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RV News
Winnebago Reports Q3 Results, CEO ‘Generally Pleased’
Winnebago Industries reported financial results for the company’s fiscal 2024 third quarter ended May 25. Third Quarter Fiscal 2024 Financial…
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RV News
THOR Approves Regular Quarterly Dividend
THOR Industries today announced that its board of directors approved, at its June 19 meeting, the payment of a regular…
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RV News
Seeking Alpha Reviews Camping World Financials
The following is a report by Sandpiper Investment Research published by Seeking Alpha, a crowd-sourced content service for financial market…
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Features
Converting Cash Deals by Overcoming Cash Buyers’ Financing Objections
In RV dealerships, the finance department guides customers through purchasing and offers various financing options to suit their needs. However,…
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Medallion Bank Touts 20th Anniversary
Medallion Bank, an FDIC-insured bank providing consumer loans for the purchase of RVs, boats and home improvements, is celebrating 20…
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RV News
Protective Asset Protection Launches GAP Coverage for RV & Marine Dealers
F&I provider Protective Asset Protection announced it has made available a new Guaranteed Asset Protection (GAP) product offering for dealers…
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RV News
Skyline Champion Reports Q4, Full Year 2024 Results
Skyline Champion Corp. announced financial results for its fourth quarter and full year ended March 30 (fiscal 2024). The company…
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RV News
Patrick Announces Quarterly Cash Dividend
Patrick Industries today announced that on May 16, its board of directors declared a quarterly cash dividend on its common stock…
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RV News
Winnebago Board Approves Cash Dividend
Winnebago Industries announced that the company’s board of directors approved a quarterly cash dividend of $0.31 per share payable on…
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RV News
LCI Industries Declares Cash Dividend
LCI Industries, through its wholly owned subsidiary Lippert, announced that its board of directors approved a regular quarterly cash dividend…
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RV News
Lazydays Reports Larger Than Expected Q1 Losses
Lazydays reported financial results for the first quarter ended March 31. John North, Lazydays CEO, said, “As we discussed in…
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RV News
Camping World Declares Q2 Dividend
Camping World Holdings announced that its board of directors declared a regular cash dividend of $0.125 per share on the…
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RV News
KOA, Co-operators Launch Canadian RV Insurance
Kampgrounds of America (KOA) and Co‑operators, a leading Canadian financial services cooperative, have partnered to bring RV insurance to adventurous Canadians.…
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RV News
Expion360 Q1 Revenue Up 13% From Fourth Quarter
Expion360 Inc., an industry leader in lithium-ion battery power storage solutions, today reported its financial and operational results for the…
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RV News
Dragonfly Energy Reports Q1 Financials
Dragonfly Energy Holdings Corp., maker of Battle Born Batteries and an industry leader in energy storage, today reported its financial and…
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RV News
Roamly Unveils ‘Carshare’ Insurance for Fleet Operators
Roamly, a leading API-enabled digital insurance platform, today announced the launch of its proprietary Carshare Insurance product designed specifically for…
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RV News
Knaus Tabbert Sees Q1 Sales Increase Across Segments
Knaus Tabbert, a leading RV manufacturer in Europe, reported a successful start to the 2024 financial year with a strong…
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RV News
Lazydays Postpones Release of Q1 Results
Lazydays announced that it will need to extend the filing of its Form 10-Q with the United States Securities and…
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RV News
Lippert Reports First Quarter Financials
LCI Industries, which, through its wholly owned subsidiary Lippert Components, today reported first quarter 2024 results. “We delivered solid results…
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RV News
Myers Industries Announces Q1 Financials
Myers Industries Inc., manufacturer of polymer and metal products and distributor for the tire, wheel and under-vehicle service industry, announced…
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RV News
Patrick Industries’ Q1 Financials Bolstered by RV Segment
Patrick Industries today reported financial results for the first quarter ended March 31. Net sales increased 4% to $933 million, an increase…
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RV News
Cummins Reports First Quarter Financials
Cummins today reported results for the first quarter of 2024. “We continued to see strong demand from customers in the…
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RV News
Priority One Launches Financing Texts With Kenect
Priority One Financial Services announced a partnership with Kenect, a reputation management and business text messaging platform. The integration enables…
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RV News
The Shyft Group Reports Q1 Financials
The Shyft Group, a North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty…
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