Question

List the following information of Camping World Inc.

CEO:

President:

CFO:

Are any of the above names famous? If so who and what are they known? What were some reasons for the stock price to fluctuate besides the usual stock market conditions. List specific examples reasons that help the stock price rise (tailwinds) or caused the stock to drop (headwinds). In at least 300 words write your recommendations for this company.

Answer 1

• Camping World Inc.:
• It is an American Incorporation.
• It is engaged in selling recreational vehicles like motorhomes, campervans etc.
• It also provide recreational vehicle parts and recreational vehicle services.
• It operates as a subsidiary of  Good Sam enterprises, LLC.

Following information relates to Camping World Inc.

1. CEO: Marcus A. Lemonis is the CEO of Camping World Inc.

2. President : Brent L. Moody has served as a president since September 30, 2018.

3. CFO : Melvin Flanigan is the CFO of Camping World Inc.

Of the above names Marcus A. Lemonis became very famous and he was known for:

1. Marcus Anthony Lemonis:

• He is one of the successful American businessman and has also exposed himself being television personality, politician and Philanthropist.
• In 2013, he got famous for being the star of "The Profit", a CNBC channel reality show.
• This show is about saving small businesses.
• After completing his graduation, he also appeared as a Democrat for a seat in the Florida House of Representatives shortly but could not achieve the success heights.
• Lemonis is a great philanthropist. it is clearly evident from his efforts which includes support for the Joffrey Ballet ( one of the world's premier dance companies based in Chicago) , St. Jude Children's Research Hospital ( a hospital meant for pediatric treatment and research facility focusing on children catastrophic diseases) , National Voices for Equality, Education and Enlightenment ( a non profit organisation meant to prevent bullying,violence and suicide among youths and families ). etc.
• And since many years, he has proved his brilliance in business and currently he is standing in the position of CEO of Camping world Inc.

Reasons for fluctuation in stock market apart from normal market conditions:

• A change in the management of a company say, change of its members of Board of directors, president , CEO, CFO etc.
• Another reason can be an anticipated takeover or a merger.
• Sometimes, any disastrous event occurs like fire, earthquake etc which can lead to a huge fluctuation in share prices of any company.
• An unexpected major accounting error or any scandal can also deviate the price of stock to a higher extent.

   

• Examples / reasons for stock price rise (tailwinds):
• For automotive industry like camping world Inc., If there appears an expectation in the market for dropping of the fuel price, or taxes on the vehicles, the company may observe high demand of their product and the profit ratio may provide an anticipatory rise in the prices of the shares of the company at stock exchange.

• Examples / reasons for stock price drop (headwinds):
• Sales or turnover of any company is one of the factor of fluctuation in share market.
• For example in automotive industry like camping world Inc. Sales may slow down due to weak consumer sentiment on account of high interest rate, a spike in fuel price and insurance cost and liquidity crunch.
• This will lead to the reflection of lower profit and the prices of shares may fall.