Top RV News: FEB 15, 2024
Lemonis: Inventory Management Buoyed Profit in 2023
LINCOLNSHIRE, Ill. – The cancellation of $900 million in new RV orders and an accelerated shift towards its used business helped bolster revenue and gross profit for Camping World (NYSE: CWH) during 2023, Marcus Lemonis, the company’s chairman and CEO, told investors during an earnings call Thursday (Feb. 22).
“While we recognize the cyclicality of our business, we also stand strong in recognizing how the business performs consistently over time,” Lemonis said during the call. “Early last year, we boldly forecast the industry slowdown we saw coming.”
Cummins Announces Promotion of Five to Vice President
COLUMBUS, Ind. — Cummins Inc. (NYSE: CMI) on Feb. 22 announced the appointment of four leaders to the role of vice president, effective March 1 — Ricardo Roman, Michelle Probst, Gbile Adewunmi and Matt McQueen — in addition to Ashwath Ram, who was appointed Vice President in January.
“These leaders each demonstrate, in their own unique ways, a commitment to making a positive impact on our company, our customers and our people,” said Jennifer Rumsey, Chair and CEO, Cummins Inc., in a release. “These leaders are experts in their fields and are fiercely committed to the Cummins culture and ensuring our employees are able to reach their full potential. I am confident that, as we evolve through the energy transition and continue to drive our Destination Zero strategy forward, these leaders will help us position Cummins for even greater success in the future.”
领英推荐
Campers Inn RV Renews Partnership with ThorSport Racing???
SANDUSKY, Ohio – Campers Inn RV has partnered with ThorSport Racing again to be its Official RV provider. Campers Inn colors will be the primary partner on the No. 99 Ford F-150 of Ben Rhodes for multiple races in 2024 starting this weekend at Atlanta Motor Speedway.??
“We are overjoyed to once again be the Official RV provider for ThorSport Racing,” said Campers Inn RV CEO Jeff Hirsch. “Ben Rhodes winning the North Carolina Education Lottery 200 last season in the Campers Inn RV truck and becoming the two-time Truck Series Champion were some of the largest highlights for our company last year. We are looking forward to another very successful season with Ben and ThorSport.?
For the full list of our daily RV news stories, subscribe for free on our website to receive the latest news and information delivered daily to your inbox: https://rvbusiness.com/subscribe/
You can also go to RVBusiness.com to see all of today's top stories.