SCHEDULE: Eminence Capital Discloses 6.6% Stake in Camping World

Eminence Capital, LP and Ricky C. Sandler have disclosed a 6.6% beneficial ownership stake in Camping World Holdings, Inc.'s Class A Common Stock.

Summary

• Eminence Capital, LP and Ricky C. Sandler reported beneficial ownership of 4,134,705 shares of Camping World Holdings, Inc. Class A Common Stock.
• This represents 6.6% of the Class A Common Stock outstanding.
• The ownership includes shared voting power over 4,071,757 shares and shared dispositive power over 4,134,705 shares.
• The percentage is calculated based on 62,569,449 shares outstanding as of April 25, 2025, as reported in the company's Form 10-Q for the quarter ended March 31, 2025.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance. The acquisition of a significant stake by an institutional investor can be viewed neutrally or slightly positively as a sign of confidence, but it's not a performance report.

Future Outlook

NA

Industry Context

This filing indicates a significant investment by an institutional investor in a company operating in the recreational vehicle (RV) retail and outdoor lifestyle industry. Such investments can signal investor confidence or a strategic position within the sector, which has seen fluctuating demand influenced by economic conditions and consumer discretionary spending.

Stakeholder Impact

• Shareholders: Disclosure of a significant institutional investor's stake can influence market perception and potentially share price.

Key Dates

Keywords

Camping World Holdings, Eminence Capital, Ricky C. Sandler, Beneficial Ownership, SEC Filing, Schedule 13G, Class A Common Stock, Investment Management, RV Retail