Camping World and Winnebago Could Benefit From Record 2021 RV Sales
The RV Industry Association, or RVIA, has good news this morning for recreational vehicle (RV) sector companies such as Camping World Holdings (NYSE: CWH) and Winnebago Industries (NYSE: WGO). Current metrics from the year's first quarter point to 2021 sales jumping approximately 23% above 2020's figures, the organization reports.
2020 was already a banner year for RV sales as people sought relief from COVID-19 lockdowns. The government shutdown of entertainment and wide swaths of the economy in response to the pandemic "had people who had maybe thought about RVing suddenly jumping in," RVIA analyst Monika Geraci said in the report.
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Source Fool.com