earnings
confidence high
sentiment negative
materiality 0.75
Camping World Q4 net loss $49.9M, FY EPS $0.55; new vehicle unit growth turns positive in Dec
Camping World Holdings, Inc.
- Full year revenue $6.2B (-10.6%); net income $50.6M (-85.6%); diluted EPS $0.55 vs $3.22.
- Q4 revenue $1.1B (-13.4%); net loss $49.9M (improved from $57.2M loss in Q4 2022).
- Adjusted EPS for FY $0.81 vs $4.17; adjusted EBITDA $286.2M (-56.2%).
- New vehicle unit sales in Q4 up 3.2% YoY; December same-store new unit growth turned positive, trending up in Jan/Feb.
- Annual dividend decreased from $2.50 to $1.50 per share; management expects unit volume and earnings growth in 2024.