secwatch.observer — SEC 8-K summary
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Issuer:     Camping World Holdings, Inc. (CWH)
CIK:        0001669779
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001558370-23-012726
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camping World Q2 net income down 67%; used vehicle sales record but new vehicle revenue falls 26%
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- Net income $64.7M ($0.64 diluted EPS) vs $198M ($2.01) last year; adjusted EPS $0.73 vs $2.16.
- Revenue $1.9B, down 12.4%; new vehicle revenue $800.9M (-25.7%), used vehicle revenue $623.0M (+12.1%) record 17,774 units.
- Adjusted EBITDA $139.3M, down 49.8%; floor plan interest expense $20.7M (+136.7%) from rate rises.
- Acquired or signed LOI on 30 dealership locations YTD; CEO cites robust acquisition pipeline.
- Gross margin 30.0% down 301 bps; gross profit $571.1M down 20.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1669779/000155837023012726/0001558370-23-012726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1669779/000155837023012726/cwh-20230801x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-012726

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