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0.000356125356125285 -0.000712250712250697 0 -0.00213675213675222 -0.0064102564102564 -0.00302706552706556 -0.0032051282051282 -0.0117521367521368
Stock impact report

Recreational vehicles shares skid as Thor warns of 'challenging' market for RVs [Seeking Alpha]

Camping World Holdings, Inc. Class A (CWH) 
Last camping world holdings, inc. class a earnings: 2/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.campingworld.com
Company Research Source: Seeking Alpha
Winnebago ( WGO ), Camping World ( CWH ), Lazydays Holdings ( GORV ), and LCI Industries ( LCII ) all trading in the red versus a 1% gain in the S&P 500 and 0.6% gain in the Dow Industrials. The Dow Jones transportation average is up more than 1% Before Wednesday's open, Thor ( THO ) said profit for the fiscal second quarter dropped 75% on a 6% decline in sales, both of which were below the Street's expectations. Thor CEO Bob Martin warned that the continued environment of higher interest rates would impact consumers' desire to make large discretionary purchases and encourage a “prudent” focus on Thor's business for the remainder of the year. Thor ( THO ) also lowered 2024 sale guidance on what the CEO called “challenging market conditions,” pointing to higher interest rates for squeezing demand for high-priced items. With 80% of RV sales financed, the inverse relationship to interest rates is not surprising. Since 2020's COVID-fueled fever pitch in sales, RV sales have been d Show less Read more
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