Securities Fraud Investigation Into Camping World Holdings, Inc. (CWH) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces an investigation of Camping World Holdings, Inc. (“Camping World” or the “Company”) (NYSE: CWH) on behalf of investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON CAMPING WORLD HOLDINGS, INC. (CWH), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is the Investigation About?

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, Camping World’s stock fell $4.17, or 24.8%, to close at $12.65 per share on October 29, 2025, thereby injuring investors.

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, Camping World’s stock price fell $1.79, or 16.5%, to close at $9.06 per share on February 25, 2026, thereby injuring investors further.

Contact Us to Participate or Learn More:

If you purchased Camping World securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

The Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com