FOREST CITY, Iowa – Winnebago, the flagship brand of outdoor lifestyle product manufacturer Winnebago Industries (NYSE: WGO), announced in a press release a number of awards received this fall for its continued focus on listening to the voice of its customers.
Kunal Mehta, Head of Marketing, Strategy and Business Development, reflected on the organization’s winning products, “Winnebago is dedicated to crafting innovative RVs built with our customer needs in mind. Our passion for the outdoors drives us to create products that help customers forge lasting, positive memories in nature. We deeply appreciate the industry’s recognition of our teams’ hard work in delivering the quality products our customers deserve.”
2024 Awards:
Quality Circle Award, Recreation Vehicle Dealers Association (RVDA) Winnebago Class B & C. RVDA surveyed dealers on their level of satisfaction on four core issues: reliability/quality, parts, warranty and sales. Winnebago received the award during the RV Dealers Convention/Expo in Paris, Las Vegas, November 11-15.
“I am proud to see our commitment to innovation and attentive listening to our customers and dealers recognized by industry partners.” – Niles Whitehouse, Winnebago’s Vice President of Sales and Service.
Top Debut, RVBusiness – Winnebago View & Navion 24R Floorplan with Winnebago Connect
Best New Model, RV Pro – Winnebago® Revel Sport 44N
“The Revel, View / Navion and Winnebago Connect show we are absolutely dedicated to transforming our product offerings to closely align with what our customers are asking for, and we will continue to pursue this goal with passion.” – Kunal Mehta, head of mketing, strategy and business development.
MIDDLEBURY, Ind – The Jayco Family of Companies presented the second annual Blue Excellence Awards to the company’s Top 10 suppliers, with 2 companies being singled out as the top Indiana (Eastern Production) and top Idaho (Western Production) suppliers. The awards were presented based on specific criteria, one of which being on-time delivery. In addition to the top awards, 10 suppliers received honorable mention. Three supplier sales representatives were also recognized for exemplary service that consistently goes above and beyond.
“Our inaugural 2023 Blue Excellence program was a huge success, and we’re pleased with the positive effects that it has had on our valued suppliers, and ultimately the Jayco Family of Companies. The Jayco Blue Excellence awards were created as a way to celebrate the hard work and high level of service provided by our partners and their teams,” stated Jeryl Miller, Vice President of Purchasing. “This is a way we can celebrate the elite suppliers and sales representatives that have excelled in the prior year and we look forward to continuing to raise the bar year after year.”
Blue Excellence Award Top Supplier – Indiana
Furrion
Blue Excellence Award Top Supplier – Idaho
LCI #64 Frames (ID)
Additional Top 10 Suppliers
Postle Aluminum Co.
S&H Metal
Dexter Axle
Dave Carter & Associates
Great Lakes Lamination
Synergy Design
Brianza USA
Dometic
Riverpark Inc.
Blue Excellence Award Top Supplier Sales Representatives
Motorized – Mike Nolan, PBS
Indiana Towables – Jeff Douglas, Lasalle Bristol
Idaho Towables – Tara Smith, LCI
Honorable Mention Suppliers
Ranger Distribution
Lasalle Bristol
Great Lakes Forest Products
Collins & Company
Global Link Distribution
Arvron, Inc.
Universal Forest Products
Wesco
Firefly Integrations, LLC
Dicor Corporation
The Top 10 Suppliers and Top Sales Representatives were presented with a custom designed award featuring a painted blue bird in-flight, mounted on a wooden base. Honorable Mention Suppliers received commemorative plaques. The awards will continue to be presented on an annual basis for the prior model year.
Mary Pouliot Elected RV Industry Association Chair Of The Board
The incoming RV Industry Association (RVIA) Board of Directors elected Mary Pouliot, Thetford’s Executive Vice President, as 2025 Chair of the Board during the group’s organizational meeting on Nov. 12. Pouliot most recently served as RVIA Board of Directors Vice Chair and as Chair of the RV Technical Institute (RVTI).
“Mary’s dedication to the RV industry and her proven leadership skills make her the ideal person to guide the RV Industry Association into the future. We are thrilled to have her as our new Chair,” said RVIA President & CEO Craig Kirby, “We also want to thank Kevin McArt for his incredible leadership over the past two years as Chair of the Board.”
Executive Committee officers were also elected to their posts by the incoming Board of Directors, including Vice Chair Ryan Elias of Leisure Travel Vans/Triple E RV and Treasurer Brett Randall of Aliner. Jeff Rodino of Patrick Industries was newly elected to the Executive Committee in the role of Secretary.
Current Chair Kevin McArt will continue to serve on the Executive Committee as Immediate Past Chair. RVIA President Craig Kirby also serves on the Executive Committee.
The one-year term for RVIA Executive Committee officers begins January 1, 2025.
RVDA of Canada Board Elects Jim Gorrie as Chairman of the Board
(L) Kevin Betzold, (R) Jim Gorrie
Jim Gorrie of Classic Trailers in Headingley, Manitoba has been elected as the new Chairman of the Board of the Recreation Vehicle Dealers Association (RVDA) of Canada.
In 2023, Jim Gorrie embarked on a new journey in the RV industry, purchasing Classic Trailers in Headingley, Manitoba, alongside his wife, Louise, and their son, Michael. This followed a distinguished 37-year tenure as co-owner and Director of Sales and Marketing at GNR Camping World, a family-owned RV dealership in Winnipeg, Manitoba. GNR Camping World, in operation for 53 years, was sold in 2023. Additionally, Jim owned Recreation World in Thunder Bay, Ontario, for a decade.
Throughout his extensive career, Jim has remained steadfast in his commitment to customer satisfaction, leading his teams by example to ensure every RV purchase and service meets the highest standards.
Raised on a farm in rural Manitoba, Jim left home at 16 to pursue his passion for hockey. After seven intense years of travel and securing five championships, he shifted his focus. In 1986, he was approached by Gil Robert, the founder of GNR Camping World and his soon-to-be father-in-law, to manage a fleet of 50 RV rentals. Jim, together with his brother-in-law, later purchased the dealership, which they successfully operated until its sale in 2023.
A prominent figure in the Canadian RV industry, Jim has been deeply involved in both provincial and national RVDA initiatives. Newly elected as the Board Chair for the RVDA of Canada, Jim has also served as Chair of the Recreation Vehicle Dealers Association of Manitoba. His active participation with the RVDA of Canada has allowed him to address significant industry concerns, including discussions with Canadian Members of Parliament.
In 2018, Jim was honoured with the prestigious Dealer of the Year award. He has also made his mark as Chair of Go RVing Canada, the RV industry’s marketing arm, serving on its board for seven years before passing the torch to his son, Michael, in 2024.
Jim’s passion for hockey continues, and he still plays weekly. His community involvement includes support for the St. Amant Foundation, Children’s Wish Foundation, and Kiwanis, underscoring his dedication to giving back.
Jim and Louise have been camping at Lake of the Woods since 1989, where they have a seasonal trailer. They enjoy traveling, golfing, and spending quality time with their son Michael and his fiancée, Haley.
Jim joined the RVDA of Canada Board in 2010. His passion for shaping the future of the RV industry inspired him to join the National Board, where he has contributed to the association’s continued positive growth.
Other officers for the 2024-2025:
Vice Chair: Ken Dobson, Leisure Time Sales, Quispamsis, NB
Treasurer: Marc Rémillard, Roulottes Rémillard, St-Jean-sur-Richelieu, QC
SHIPSHEWANA, Ind. – Sunset Park RV, a leading independent RV manufacturer based in Shipshewana, has announced its asset acquisition of Riverside RV, an innovative, privately owned OEM known for its lightweight and retro-styled travel trailers.
A Sunset Park RV ‘Rush’ toy hauler.
The acquisition brings Riverside’s respected brands under the Sunset Park umbrella, expanding its product lineup and adding significant manufacturing capacity with Riverside’s 155,000 sq. ft. facility.
Terms of the deal were undisclosed.
This strategic acquisition will allow Sunset Park RV to leverage Riverside’s established Retro line, which has captured a unique market segment with its nostalgic style, modern amenities, and unmatched appeal to customers who appreciate a blend of classic design with contemporary features. With the brands from Riverside RV now joining the Sunset Park family, customers can expect continued innovation in product design that honors Riverside’s distinctive approach while enhancing accessibility for a broader audience.
Shared Vision for Innovation and Quality
“We are incredibly excited to welcome the Riverside RV brands to the Sunset Park family,” stated Jason Howard, Vice President of Sales & Marketing at Sunset Park RV. This strategic acquisition includes Riverside RV’s iconic retro-styled and lightweight travel trailer brands, which will now become part of Sunset Park RV’s expanding lineup. “Riverside’s Retro has a dedicated following, and we see a fantastic opportunity to build on their unique designs. Our priority is to uphold the quality and charm that customers love, while also bringing new innovations and options to the table.”
A Riverside RV ‘Retro’ travel trailer.
With this acquisition, Sunset Park RV is bringing together two independently owned companies with strong dealer networks, dedicated customer bases, and a shared passion for crafting RVs that suit today’s diverse travel lifestyles. Sunset Park RV’s new plans include optimizing the Retro and Xplorer lines while adding larger floorplans and laminated products to the Sunset brands, aligning perfectly with the market demand for lightweight designs and competitive price points.
Focus on Dealer and Customer Support
In addition to expanding its product line, Sunset Park RV is committed to supporting the dedicated dealers that have been essential to Riverside RV. With extensive plans in place to enhance dealer partnerships, Sunset Park RV will maintain Riverside’s focus on quality customer service and accessibility. Dealers interested in learning more about new opportunities and expanded territory options can contact [email protected] or visit www.sunsettrailers.com.
TAMPA, Fla. – Lazydays Holdings Inc. (Nasdaq: GORV) today announced its third quarter 2024 earnings results.
Ron Fleming, Interim CEO, said, “Despite challenging financial results during the third quarter, which continued to be impacted by economic and other industry-wide demand headwinds, we are very encouraged by the completion of last week’s recapitalization transactions. These transformative transactions have fortified the company’s financial foundation and operational focus and mark a turning point for Lazydays as we position ourselves for a stronger, more agile future. With a streamlined balance sheet, enhanced liquidity, and a simplified dealership network, we are better equipped to navigate the evolving RV landscape and deliver on our commitment to industry leadership.”
Total revenue for the third quarter was $213.5 million compared to $280.7 million for the same period in 2023. Total revenue for the nine months ended September 30, 2024 was $722.7 million compared to $884.7 million for the same period in 2023.
Net loss for the third quarter was $17.7 million compared to net loss of $5.6 million for the same period in 2023. Adjusted net loss, a non-GAAP measure, was $16.2 million compared to adjusted net loss of $2.9 million for the same period in 2023. Net loss per diluted share was $1.37 compared to net loss per diluted share of $0.48 for the same period in 2023. Adjusted net loss per diluted share, a non-GAAP measure, was $1.27 compared to adjusted net loss per diluted share of $0.29 for the same period in 2023.
Net loss for the nine months ended September 30, 2024 was $83.9 million compared to net loss of $2.3 million for the same period in 2023. Adjusted net loss, a non-GAAP measure, was $62.1 million compared to adjusted net income of $2.2 million for the same period in 2023. Net loss per diluted share was $6.24 compared to net loss per diluted share of $0.49 for the same period in 2023. Adjusted net loss per diluted share, a non-GAAP measure, was $4.73 compared to adjusted net loss per diluted share of $0.07 for the same period in 2023.
See Reconciliation of Non-GAAP Measures for additional details regarding our adjusted results of operations.
A conference call is scheduled for at 8:30 a.m. ET today that will also be broadcast live over the internet.
The conference call may be accessed by telephone at (877) 407-8029 / +1 (201) 689-8029. To listen live on the Lazydays’ website or for replay, visit https://www.lazydays.com/investor-relations.
EDITOR’S NOTE: The following is the latest list of RV recalls compiled by the National Highway Traffic Safety Administration (NHTSA). Per strict NHTSA protocols, manufacturers will next notify its dealer partners of the recall notice. Each notice will include details of the affected vehicles as well as the appropriate remedy.
Winnebago Towable is recalling 1,211 2022 Micro Minnie FLX and Hike travel trailers. The mounting hardware may come loose, allowing the solar panel to detach. Dealers will install butyl adhesive tape between the solar panel and mounting bracket, free of charge. Owner notification letters are expected to be mailed Dec. 15. Owners may contact Winnebago customer service at 1-574-825-5280 Ext. 5220. Winnebago’s number for this recall is CAM0000040.
Forest River Inc. is recalling 498 2024-2025 Catalina and Aurora travel trailers. Please see the recall report for a complete list of models. The solar panel wiring may be incorrectly wired, causing the wiring to short and overheat. Dealers will rewire the solar panel to the solar controller, free of charge. Owner notification letters are expected to be mailed Dec. 18. Owners may contact Forest River customer service at 1-574-825-4995. Forest River’s number for this recall is 300-1863.
Forest River Inc.is recalling 2,898 2021-2025 Impression fifth wheel travel trailers. The solar charge line, front LED hitch light, and the pass-thru light may have been wired to the incorrect mini breaker. Dealers will correct the wiring, free of charge. Owner notification letters are expected to be mailed Dec. 18. Owners may contact Forest River customer service at 1-574-367-3314. Forest River’s number for this recall is 83-1862.
Vancraft LLC is recalling 32 2002-2006 Campervan vehicles. Incorrect seat belt anchor hardware was used on the rear bench seats. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 209, “Seat Belt Assemblies.” Dealers will replace the seat belt anchor hardware, free of charge. Owner notification letters were expected to be mailed Nov. 11, 2024. Owners may contact Vancraft customer service at 1-888-381-7333.
VANCRAFT LLC is recalling 273 2002-2006 Campervan, 2014-2023 SWB Campervan, LWB Campervan, 2023 LWB Campervan Pro, 2023-2024 Rover, Rover XL, and Alltrek vehicles. The vehicles are missing the Occupant and Cargo Carrying Capacity (OCCC) label and the altered certification label. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard numbers 110, “Tire Selection and Rims” and 49 CFR Part 567, “Certification.” Vancraft will mail labels, free of charge. Owner notification letters were expected to be mailed Nov. 18. Owners may contact Vancraft customer service at 1-888-381-7333.
VANCRAFT LLC is recalling 241 2014-2023 SWB, LWB, 2023 LWB Pro, 2023-2024 Rover, Rover XL and Alltrek campervans. The reinforcement hardware, mounting hardware, and seat belt anchor bolts in the rear bench seating system may fail under load. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard numbers 207, “Seating Systems” and 209, “Seat Belt Assemblies.” The remedy is under development. Owner notification letters are expected to be mailed in November, 2024. Owners may contact Vancraft customer service at 1-888-381-7333.
PITTSBURGH – “I wanted to create a simple way for RV owners to maintain the proper angle on a wastewater line for effective drainage,” said an inventor, from Inverness, Fla., “so I invented the Sewer Support Slide. My design helps avoid backups, constant adjustments, and possible spillage.”
The invention provides angled support for a recreational vehicle’s wastewater line. In doing so, it eliminates the need to lay the sewer line on the ground or rely on unstable makeshift supports. As a result, it increases stability, and it allows for effective draining action. The invention features an adjustable design that is easy to use so it is ideal for the owners and users of recreational vehicles.
The original design was submitted to the Hollywood/Miami sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-HAD-296, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.
AUSTIN, Texas – Aquasana, a leading maker of high-performance water filters for the home, announced today its Claryum Direct Connect under sink water filtration system has been named a winner in Good Housekeeping’s 2024 Best Kitchen Gear Awards. Designed for easy, DIY installation and maximum contaminant reduction, the fast-flowing Claryum Direct Connect filter was awarded in the Cutting-Edge Essentials category. More information about Aquasana’s under sink filter and the full list of winners can be found at goodhousekeeping.com/kitchenawards2024
“We’re truly honored that our Claryum Direct Connect under sink filter has once again received a Good Housekeeping Best Kitchen Gear Award, for the second consecutive year,” said Derek Mellencamp, general manager at Aquasana. “We know that Americans’ concerns at the tap are at an all-time high as water quality issues like lead, PFAS and microplastics are on the rise across the country. Installing a water filter is an easy and effective way to instantly improve the overall health and wellness of any home.”
“We selected Aquasana as a second-time winner because this system connects underneath your sink to deliver filtered water whenever the cold water is turned on, reducing 78 contaminants. It’s great not to have to think about filtering water.” – Nicole Papantoniou, Good Housekeeping Institute
According to Aquasana’s recent sixth annual Water Quality Survey, more than three-quarters (76%) of Americans believe drinking clean, filtered water aids in living a longer and healthier life, and 77% agree that access to clean, trustworthy tap water at home is important for their health. This comes as concerns over the toxic “forever chemicals” known as PFAS in drinking water climbed 233% from last year, and the number of U.S. adults who cited microplastics as their number one tap water contaminant of concern spiked 350% from 2023.
“Making your life easier is a theme among this year’s award winners,” said Nicole Papantoniou, Kitchen Appliances and Innovation Lab Director at the Good Housekeeping Institute “We selected Aquasana as a second-time winner because this system connects underneath your sink to deliver filtered water whenever the cold water is turned on, reducing 78 contaminants. As one tester put it, it’s great not to have to think about filtering water.”
Available nationwide for as low as $124.99 at Aquasana.com, Aquasana Claryum Direct Connect is a DIY-friendly under sink water filtration system that is being recognized for its easy installation and high-performance filtration. Ideal for homeowners and renters, the direct connect filter is simple enough for most anyone to install but still filters 78 contaminants, including lead, “forever chemicals” PFOA and PFOS, microplastics, pesticides, pharmaceuticals, asbestos, chloramines, chlorine and more – that’s 15 times more contaminants than the leading pitcher filters. A significantly more economical and eco-friendly alternative to bottled water, Claryum Direct Connect’s long-lasting replaceable cartridges ($70) last for six months or 784 gallons – the equivalent of 6,250+ plastic 16-ounce bottles.
Unlike most under sink systems, there’s no need to install a second faucet for filtered water, solving the dilemma of having to either sacrifice the sink’s built-in soap dispenser or drill a second hole in the countertop. Simply connect the streamlined filter to any cold-water line – whether in the kitchen, bathroom, laundry room, dorm room, or wet bar – for faster access to clean, healthy drinking water that flows through the existing faucet, no plumber required. The Claryum Direct Connect is also compact with all filtration taking place in one filter, making it ideal for saving under sink cabinet space in an RV or smaller kitchen; it is highly effective while using a smaller footprint.
“At Aquasana, we’re committed to improving the health and wellbeing of U.S. households with cleaner, healthier and better tasting drinking water,” added Mellencamp. “Claryum Direct Connect was designed specifically to provide easier access to better quality drinking water, and receiving this prestigious award two years in a row is incredible validation.”
Aquasana’s Claryum filtration technology is tested and certified to NSF/ANSI Standards 42, 53 (includes P473), and 401 for the reduction of more than 96% of chlorine and chloramines, 99% of lead, and 95% of PFOA/PFOS. It is also certified to reduce mercury, chlorine-resistant cysts, herbicides, pesticides, VOCs, pharmaceuticals, and more.
ELKHART, Ind. – Patrick Industries, Inc. (NASDAQ: PATK) today announced that on Nov. 14, 2024, its Board of Directors approved an increase in the amount of its quarterly cash dividend on its common stock to $0.60 per share from $0.55 per share. The dividend is payable on Dec. 9, 2024 to shareholders of record at the close of business on Nov. 25, 2024.
Additionally, the Board authorized an increase in the amount of the company’s common stock that may be acquired over the next 24 months under the current stock repurchase program to $200.0 million, including the $72.9 million remaining under the previous authorization.
Andy Nemeth
“The increase in our quarterly cash dividend and upsize in our share repurchase authorization indicate our commitment to a balanced capital allocation strategy, our confidence in the long-term earnings power of our business, and our ability to generate free cash flow,” said Andy Nemeth, chief executive officer of Patrick. “We believe our ability to grow shareholder value over time will be a reflection of our team’s ability to capitalize on organic and strategic opportunities as we maintain our dedication to serving our valued customers at the highest level. We remain committed to maintaining a strong balance sheet as we focus on driving profitable growth across our Outdoor Enthusiast and Housing markets.”
About Patrick Industries, Inc.
Patrick (NASDAQ: PATK) is a leading component solutions provider serving the RV, Marine, Powersports and Housing markets. Since 1959, Patrick has empowered manufacturers and outdoor enthusiasts to achieve next-level recreation experiences. Our customer-focused approach brings together design, manufacturing, distribution, and transportation in a full solutions model that defines us as a trusted partner. Patrick is home to more than 85 leading brands, all united by a commitment to quality, customer service, and innovation. Headquartered in Elkhart, IN, Patrick employs approximately 10,000 skilled team members throughout the United States. For more information on Patrick, our brands, and products, please visit www.patrickind.com.
TAMPA, Fla. – Lazydays Holdings, Inc. (NasdaqCM: GORV) announced that it will release its third-quarter fiscal year 2024 results to the public immediately after market close on Monday, Nov. 18, 2024. The company will also file its SEC Form 10-Q on the same day.
On Friday, Nov. 14, Lazydays announced a series of transformative transactions designed to provide the company with a significantly strengthened financial foundation and a more focused dealership portfolio. These transactions, which include a comprehensive recapitalization and certain asset sales, will result in meaningful reductions in the company’s debt, interest and preferred stock dividend payments, substantial added cash to the balance sheet, and an improvement in the underlying earnings power of the business, according to a release.
‘TransformativeTransactions’ Highlights
Lazydays agreed to sell seven dealerships, including real estate where applicable, and issue common stock to certain indirect subsidiaries of Camping World Holdings, Inc. (Camping World) for a combined $65.5 million, subject to conditions.
Lazydays agreed to sell one additional dealership asset to a separate buyer for $8 million, subject to conditions.
Lazydays closed a $30 million common equity PIPE at $1.03 per share with clients of Alta Fundamental Advisers and Coliseum Capital Management (collectively, the “PIPE Investors”).
Lazydays plan to launch a $25 million rights offering at $1.03 per share, allowing all its common stockholders (other than the PIPE Investors and Camping World) to purchase common stock at the same price as PIPE Investors, subject to the U.S. Securities and Exchange Commission declaring a registration statement on Form S-1 effective.
Lazydays agreed to exchange all outstanding convertible preferred stock for common stock at $1.03 per share, eliminating our preferred stock liquidation preference, preferred dividend requirement and other preferred stockholder rights, subject to conditions.
Lazydays executed an amendment to the credit facility with the company’s lender group led by Manufacturers and Traders Trust Company (M&T Bank), providing significant financial flexibility.
The transactions will collectively result in $65 million reduction of debt, elimination of $68 million preferred stock liquidation preference, and $16 million reduction of interest and preferred dividend payments.
Pro forma for the transactions (excluding proceeds and shares from the proposed rights offering), Lazydays is expected to have $35 million of cash on the balance sheet, debt of $61 million (excluding floor plan financings), and 119.5 million shares of common stock outstanding.
Tuesday’s conference call access information is below. A replay will be available on the Lazydays website at: www.lazydays.com/investor-relations
Lazydays has been a prominent player in the RV industry since our inception in 1976, earning a stellar reputation for delivering exceptional RV sales, service, and ownership experiences. Our commitment to excellence has led to enduring relationships with RVers and their families who rely on us for all of their RV needs.
Our wide selection of RV brands from top manufacturers, state-of-the-art service facilities, and an extensive range of accessories and parts ensure that Lazydays is the go-to destination for RV enthusiasts seeking everything they need for their journeys on the road. Whether you’re a seasoned RVer or just starting your adventure, our dedicated team is here to provide outstanding support and guidance, making your RV lifestyle truly extraordinary.
Lazydays is a publicly listed company on the Nasdaq stock exchange under the ticker “GORV.”
