Camping World Q1 net loss $50.8M, adjusted loss $0.40 EPS despite 15.5% same-store new unit volume growth

Camping World Holdings, Inc.

Net loss $50.8M vs $4.9M profit in Q1 2023; diluted EPS ($0.51) vs $0.05.
Revenue $1.4B down 8.3%; new vehicle sales up 1.4% on 21.3% unit growth; used vehicle revenue down 24.1%.
Same-store new vehicle unit volume +15.5%, used -17.3%; mgmt cites discount-driven record market share.
Adjusted EBITDA $8.2M, down 86.5%; gross margin 29.5%, down 16 bps.
Store count 215 (+20 YoY); CEO reaffirms 2028 goal of 320 locations.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Camping World Holdings, Inc. reported the three months ended March 31, 2024 results: revenue $1.4 billion, net income Net loss was $50.8 million, EPS Diluted loss per share of Class A common stock was $(0.51).

Period: the three months ended March 31, 2024
Revenue: $1.4 billion
Net income: Net loss was $50.8 million
EPS: Diluted loss per share of Class A common stock was $(0.51)
Result: reported results

Exact text from the filing

Revenue was $1.4 billion for the first quarter, a decrease of $122.9 million, or 8.3%.

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Camping World Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-24-006385

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