secwatch.observer — SEC 8-K summary
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Issuer:     Camping World Holdings, Inc. (CWH)
CIK:        0001669779
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001558370-24-010477
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 64% to $23.4M; new RV units up 17%, used down 12%
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- Revenue $1.8B, down 5.0% YoY; new vehicle unit sales 22,084 (+16.9%), used vehicle units 15,700 (-11.7%).
- GAAP diluted EPS $0.22 vs $0.64; adjusted EPS $0.38 vs $0.73; Adjusted EBITDA $105.6M, down 24.2%.
- Same-store new vehicle unit sales up 9.7% in Q2; management reports acceleration to mid-teens in June, low-twenties in July.
- Gross margin improved 27 bps to 30.3% driven by product/service margin; used vehicle gross margin declined 392 bps.
- SG&A flat at ~$420M; advertising spend increased $11.8M; floor plan interest up 34.5% to $27.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1669779/000155837024010477/0001558370-24-010477-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1669779/000155837024010477/cwh-20240731x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-010477

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