Investigations

GRABAR LAW OFFICE INVESTIGATES CLAIMS ON BEHALD OF SHAREHOLDERS OF CAMPING WORLD HOLDINGS, INC. (NYSE: CWH)

Grabar Law Office Investigates Claims on Behalf of Shareholders of Camping World Holdings, Inc. (NYSE: CWH)

Grabar Law Office is investigating claims on behalf of Camping World Holdings, Inc. (“Camping World” or the “Company”) (NYSE: CWH) shareholders. The investigation concerns whether certain officers and directors of Camping World breached their fiduciary duties and violated federal securities laws by causing the Company to issue materially misleading statements about its inventory management practices, consumer demand, and financial outlook.

Camping World is a retailer of recreational vehicles (“RVs”) and related products and services throughout the United States.

The Investigation

According to a recently filed federal securities class action complaint, Camping World (NYSE: CWH) repeatedly represented to investors during 2025 that the Company maintained strong inventory management practices and a healthy balance sheet, while emphasizing its ability to use data analytics and disciplined inventory planning to optimize profitability and margins.

During earnings calls and public filings, the Company’s executives highlighted what they described as:

  • “proper inventory planning” and “proper stocking”;
  • the Company’s ability to “surgically manage” inventory using data analytics; and
  • strong financial performance and margin improvements driven by effective cost controls.

However, it is alleged that these statements were materially false and misleading in that Camping World’s leadership failed to disclose critical information to investors, including that:

  • the Company overstated its ability to manage inventory effectively using data analytics;
  • the Company overstated consumer retail demand and the sustainability of that demand;
  • the Company’s systems and internal processes were inadequate to accurately monitor inventory and forecast demand;
  • as a result, the Company would ultimately need to implement “strict, corrective inventory management objectives”; and
  • these corrective measures would negatively impact the Company’s gross profit margins, financial guidance, and operational outlook.

It is alleged that because of these undisclosed issues, defendants’ public statements regarding the Company’s business operations and financial prospects lacked a reasonable basis and were materially misleading to investors.

The full scope of these issues was revealed on February 24, 2026, when the Company announced that it had implemented “strict, corrective inventory management objectives” and reported significantly worse financial results than previously expected, including:

  • a net loss of $109.1 million for the fourth quarter of 2025;
  • declining vehicle gross margins; and
  • the decision to pause its quarterly dividend.

Potential Shareholder Claims

Grabar Law Office is investigating whether members of Camping World’s board of directors and senior management may have:

  • breached their fiduciary duties of loyalty and good faith;
  • caused the Company to issue materially misleading statements to investors;
  • failed to maintain adequate internal controls and oversight over inventory management and financial disclosures; and
  • exposed the Company to significant legal liability and reputational harm.

Contact Us to Learn More About Your Rights

If you are a long-term shareholder of Camping World Holdings, Inc. (NYSE: CWH) who purchased shares prior to April 29, 2025, you may have the ability to participate in a shareholder governance action seeking corporate reforms, governance changes, the recovery of funds for the Company, as well as a court approved incentive award to you – at absolutely no cost to you whatsoever.  Please contact Joshua H. Grabar at jgrabar@grabarlaw.com,  or call 267-507-6085 to learn more.  Alternatively, if you purchased your shares between April 29, 2025 and February 24, 2026, you can participate in the class action.

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