Camping World Q3 net income down 45.6% to $102.9M; used vehicle sales hit record 14,460 units

Camping World Holdings, Inc.

2022-Q3 EPS reported $3.99 revenue$5,686,710,000

Revenue $1.9B, down 3.2% YoY; net income $102.9M, down 45.6%.
Diluted EPS $0.97 vs $1.72; adjusted EPS $1.07 vs $1.98.
Record used vehicle revenue $526M (+1.2%) on 14,460 units (+6.1%).
Gross margin 32.0% (down 408 bps); adjusted EBITDA $173.4M (down 39.8%).
Inventory $1.6B (+$491M from prior year); paid $0.625 quarterly dividend in September.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Camping World Holdings, Inc. reported the third quarter ended September 30, 2022 results: revenue $1.9 billion, net income $102.9 million, EPS $0.97.

Period: the third quarter ended September 30, 2022
Revenue: $1.9 billion
Net income: $102.9 million
EPS: $0.97
Result: reported results

Exact text from the filing

business, strategic and opportunistic dealership acquisitions, and tightening SG&A and capital expenditures with precision. ” Third Quarter Operating Highlights ● Revenue was $1.9 billion for the third quarter, a decrease of $60.9 million, or 3.2%, driven primarily by a $45.7 million reduction in product revenues from categories we exited in 2021 including

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Source: SEC EDGAR

accession 0001558370-22-015796

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