Camping World Q2 net income up 146%, adjusted EBITDA +35%; record 45,602 units sold

Camping World Holdings, Inc.

Net income $57.5M ($0.48 diluted EPS), up 145.7% YoY; adjusted EPS $0.57, +50%.
Revenue $2.0B (+9.4%); total unit sales 45,602 (+20.7%) driven by new (+20.9%) and used (+20.4%).
Same-store unit sales +21.6%; July month-to-date trending high-singles (new) and high-teens (used).
New vehicle ASP down 10.6% YoY; full-year ASP expected -10-12%, but new unit volume guidance raised to high-singles growth.
Cash tax savings $15-20M from new tax act; debt paydown >$75M since Oct 2024; SG&A as % of gross profit expected to improve 300-400 bps.

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