NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--May 11, 2026--
Northwell Health, New York’s largest health system, and Matthew Schaefer, the No. 1 overall pick in the 2025 NHL draft and one of New York hockey’s most promising young stars, announced a new relationship today to help cancer patients and their families find moments of joy while going through the most difficult journeys of their lives.
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For Schaefer – nominated at just 18 years old for the prestigious Calder Memorial Trophy, awarded to the National Hockey League player judged to be the most proficient in his first season – the cause is a personal one: he lost his mother to breast cancer in 2024. That experience deeply impacted Schaefer and created a desire in him to give back to others.
“My mother was someone I looked up to immensely,” Schaefer said. “I remember sitting by her side while she was battling cancer, and she always had a smile on her face. She was full of joy. By teaming up with Northwell Health, I hope we can bring a little of her joy to others who are fighting cancer, and to their families as well.”
Thanks to a $150,000 gift from the Islanders Children’s Foundation, Northwell and the New York Islanders will open the “Jennifer Schaefer Child Support Center sponsored by the Islanders Children’s Foundation” this October.
“The New York Islanders represent a deep-rooted commitment to our fans and neighbors; we operate as a community trust,” said Jon Ledecky, co-owner of the New York Islanders. “The Islanders Children’s Foundation is proud to support this wonderful initiative with Northwell, which bridges Matthew’s incredible personal journey with our organization’s dedication to family and healing. By honoring Jennifer Schaefer’s memory in this way, we are ensuring that no child has to walk through these difficult moments alone, providing them with a place of comfort, play and support right when they need it most.”
The child life room, located at the R.J. Zuckerberg Cancer Center in New Hyde Park, will provide a dedicated space for children while their parent undergoes cancer treatment. The room will feature hockey-themed elements including Islanders memorabilia and entertainment including air hockey, gaming consoles, bubble hockey and a scoreboard with customized greetings — along with inspiring messages from Schaefer to the families using the room. Importantly, the room will be staffed by a counselor and equipped with a private space where grief counseling will be available.
“A cancer diagnosis is one of the most difficult things a person can face, but it also challenges their family in myriad ways,” said John D’Angelo, MD, president and CEO of Northwell Health. “Caring for families is just as important to us as caring for our patients. We are grateful to the Islanders Children’s Foundation for its support to create this unique space and proud to team up with Matthew Schaefer, whose personal story and public platform will uplift our patients and community. By working together, we are sending a powerful message of resilience, unity and hope to everyone facing a cancer diagnosis.”
Schaefer will visit the room at various times throughout the year, surprising and delighting fans and bringing joy and smiles to those going through a similar experience that he himself had.
“Matthew Schaefer represents the strength and spirit of Long Island, and we are honored to have him join our team,” said Richard Barakat, MD, physician in chief and executive director of the Northwell Health Cancer Institute and the Edward and Carole Miller Distinguished Chair in Cancer. “His partnership transcends the ice; it's a tribute to that shared spirit of determination.”
About Northwell Health
Northwell is the largest not-for-profit health system in the Northeast, serving residents of New York and Connecticut with 28 hospitals, more than 1,000 outpatient facilities, 22,000 nurses and over 20,000 physicians. Northwell cares for more than three million people annually in the New York metro area, including Long Island, the Hudson Valley, western Connecticut and beyond, thanks to philanthropic support from our communities. Northwell is New York State’s largest private employer with over 106,000 employees – including members of Northwell Health Physician Partners and Nuvance Health Medical Practices – who are working to change health care for the better. Northwell, named a TIME100 Most Influential Companies 2025, is making breakthroughs in medicine at the Feinstein Institutes for Medical Research. Northwell is training the next generation of medical professionals at the visionary Donald and Barbara Zucker School of Medicine at Hofstra/Northwell and the Hofstra Northwell School of Nursing and Physician Assistant Studies. For information on our more than 100 medical specialties, visitNorthwell.eduand follow us @NorthwellHealth onFacebook,X,InstagramandLinkedIn.
About the New York Islanders
The New York Islanders Hockey Club is the proud winner of four Stanley Cup Championships and record nineteen consecutive playoff series victories.
The Islanders play in the National Hockey League’s Eastern Conference, and have eight players, two general managers and one coach inducted into the Hockey Hall of Fame.
The Islanders Children’s Foundation has helped countless youngsters in need around the world since its inception. Donations are raised through the efforts of our players, management, and employees, along with our fans and partners.
Matthew Schaefer celebrated Matthew Mencarelli being cancer-free for a year at Northwell Cohen Children's Medical Center. Schaefer is teaming up with Northwell Health to spread joy to patients and their families.
NEW YORK--(BUSINESS WIRE)--May 11, 2026--
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Camping World Holdings, Inc. (“Camping World” or the “Company”) (NYSE: CWH) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company overstated its ability to “surgically manage [its] inventory” to optimize profit using “data analytics;” (2) the Company overstated the retail demand of consumers it was experiencing and/or reasonably expected; (3) as a result, the Company would require “strict, corrective inventory management objectives,” negatively impacting gross profit and margins; (4) the Company’s inadequate systems and processes prevented it from ensuring reasonably accurate disclosures and/or guidance, including about the health of its balance sheet and/or the ability to manage SG&A expenses; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On October 28, 2025, after the market closed, Camping World released its third quarter 2025 financial results, reporting, among other things, that “new vehicle revenue was $766.8 million for the third quarter, a decrease of $58.1 million, or 7.0%,” “average selling price of new vehicles sold decreased 8.6%,” and “new vehicle gross margin was 12.7%, a decrease of 81 basis points, driven primarily by the 8.6% decrease in the average selling price per new vehicle sold.” The Company further disclosed that “total gross margin was 28.6%, a slight decrease of 27 basis points,” and “the slight gross margin decrease was primarily from the reduced average selling price per new vehicle sold.” The Company further disclosed it saw 2026 as a “consecutive year of Adjusted EBITDA growth, starting in the low $300 million range.” Nonetheless, the Company purported to reassure investors that “this judicious conservatism, combined with our fortified balance sheet and improving leverage, has set the stage for our return to measured and accretive M&A activity across the business.”
On this news, Camping World’s stock fell $4.17, or 24.8%, to close at $12.65 per share on October 29, 2025, on unusually heavy trading volume.
Then, on February 24, 2026, after the market closed, Camping World released its fourth quarter 2025 results, reporting, among other things, that it had “implemented strict, corrective inventory management objectives to structurally improve [its] turnover rates” creating gross margin headwinds into 2026. The Company reported financial results, including that “net loss was $(109.1) million for the fourth quarter of 2025, an increased loss of $49.6 million, or 83.3%,” “adjusted EBITDA was $(26.2) million, an increased loss of $23.7 million,” “gross profit was $338.2 million, a decrease of $38.7 million, or 10.3%, and total gross margin was 28.8%, a decrease of 247 basis points.” The Company also reported “new vehicle gross margin was 12.3%, a decrease of 291 basis points,” and “used vehicle gross margin was 16.0%, a decrease of 277 basis points,” both due to an increase in the average cost per vehicle sold and a decrease in average selling price, “driven in part by accelerated sales of aged used vehicles in December.” The Company additionally reported SG&A as a percent of gross profit of 85%, a 190 basis point year over year improvement, falling far short of the Company’s prior guidance for a 300 to 400 basis points improvement.
Finally, the Company announced that it would be pausing its quarterly cash dividend, effective immediately, “following consideration of forecasted tax distributions, the reduced availability of excess tax distributions to fund dividend payments driven partly by the impact of recent tax law changes, and in consideration of the Company’s focus on reducing net debt leverage.”
On this news, Camping World’s stock price fell $1.79, or 16.5%, to close at $9.06 per share on February 25, 2026, on unusually heavy trading volume.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Camping World’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Camping World Holdings class action, go to www.faruqilaw.com/CWH or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
CWH CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Camping World Holdings (CWH) Investors of Securities Class Action Deadline on May 11, 2026
