earnings
confidence high
sentiment negative
materiality 0.80
Camping World Q4 net loss $57.2M; full-year net income down 45% to $351M
Camping World Holdings, Inc.
- Full-year revenue $7.0B (+0.8%); net income $351M (-45.3%); diluted EPS $3.22 vs $6.07 in 2021.
- Q4 revenue $1.3B (-7.1%); net loss $57.2M vs income of $59.3M in prior year; diluted loss per share $0.79.
- Used vehicle revenue record $1.9B (+11.3%); new vehicle unit sales down 9.4% YoY.
- Adjusted EBITDA $653.4M (-30.6%) for full year; Q4 adjusted EBITDA $20.2M (-84.6%).
- CEO cites short-term demand softening and new vehicle margin compression; aggressive cost reductions initiated fall 2022.