NYSE$CWH
Camping World Holdings Inc. · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Camping World's Q3 2024 results were reported, showing positive growth in combined new and used same store unit sales and a record new unit market share.
Camping World Holdings, Inc. reported a revenue of $1.7 billion for Q3 2024, a slight decrease of 0.3%. The company saw an increase in new vehicle revenue by 21.5% but a decrease in used vehicle revenue by 24.2%. Net income was $8.1 million, a decrease of 73.9% compared to the same quarter last year, with diluted earnings per share at $0.09.
- Combined new and used same store unit sales returned to positive growth.
- New vehicle revenue increased by 21.5%, while used vehicle revenue decreased by 24.2%.
- Same store new vehicle unit sales increased by 28.8%, but used vehicle unit sales decreased by 20.5%.
- Net income decreased by 73.9% to $8.1 million, and diluted earnings per share decreased to $0.09.
Headline financials
Revenue & EPS history
Camping World · Revenue · Quarterly
$1.72B
Revenue by segment
Camping World · $1.73B total across 6 segments · Q3 2023
- New Vehicles$679M—39.3%
- Used Vehicles$590M—34.1%
- Products, Service and Other$236M—13.6%
- Finance and Insurance, net$164M—9.5%
- Good Sam Services and Plans$49.9M—2.9%
- Good Sam Club$11.1M—0.6%
Forward guidance
Management anticipates an improved 2025 due to momentum from October volume trends and a focus on product development and affordability.
Tailwinds
- Used units tracking to flat year-over-year in October.
- New units remaining solidly up by a double-digit percentage in October.
- Significant momentum as we focus on an improved 2025.
- Calculated approach to inventory has yielded market leading results.
- Average selling prices will modestly increase year-over-year.
Headwinds
- Conservatism around used inventory procurement from 2024.
- Gross margins declining due to lower average selling prices on new and used vehicles.
- SG&A expenses increasing due to additional advertising expenses.
- Floor plan interest expense increasing due to higher principal balances.
- Net income decreasing due to the decrease in gross profit.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-1.4%
Avg return
Earnings day
-2.6%
Avg return
5 days after
-0.3%
Avg return
30 days after
44%
17 / 39 earnings
Positive
+34.7%
Q1 2020
Best reaction
-24.9%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +18.2% | +6.5% | +5.8% | |
| Q4 2025 | -16.5% | -25.5% | -36.3% | |
| Q3 2025 | -24.9% | -23.3% | -33.5% | |
| Q2 2025 | -15.3% | -15.9% | -0.7% | |
| Q1 2025 | +9.9% | +15.2% | +34.8% | |
| Q4 2024 | -0.2% | -10.2% | -21.2% | |
| Q3 2024 | +8.6% | -4.1% | +16.5% | |
| Q2 2024 | -4.1% | -12.6% | -4.2% | |
| Q1 2024 | -0.7% | +1.6% | -0.8% | |
| Q4 2023 | -1.9% | -1.0% | -1.5% | |
| Q3 2023 | +11.1% | +13.3% | +32.7% | |
| Q2 2023 | -14.5% | -14.4% | -22.8% | |
| Q1 2023 | +8.3% | +10.2% | +18.0% | |
| Q4 2022 | -9.5% | -9.8% | -26.1% | |
| Q3 2022 | -8.0% | -6.9% | -2.0% | |
| Q2 2022 | +7.7% | +4.8% | +7.1% | |
| Q1 2022 | +14.1% | +9.9% | -1.6% | |
| Q4 2021 | -10.4% | -6.2% | -7.1% | |
| Q3 2021 | +13.0% | +7.4% | +7.9% | |
| Q2 2021 | +6.8% | +6.1% | +0.8% | |
| Q1 2021 | +3.9% | +5.3% | -6.7% | |
| Q4 2020 | -15.8% | -12.9% | -3.0% | |
| Q3 2020 | +11.0% | +7.1% | +16.4% | |
| Q2 2020 | -15.5% | -17.7% | -22.0% | |
| Q1 2020 | +34.7% | +42.6% | +112.8% | |
| Q4 2019 | -5.9% | -12.9% | -53.4% | |
| Q3 2019 | +8.3% | +14.4% | +39.0% | |
| Q2 2019 | -19.9% | -22.3% | -27.8% | |
| Q1 2019 | -16.7% | -21.3% | -17.2% | |
| Q4 2018 | +1.1% | +6.3% | +13.3% | |
| Q3 2018 | -4.9% | -10.9% | -12.0% | |
| Q2 2018 | -11.6% | -8.6% | -7.6% | |
| Q1 2018 | -18.3% | -20.9% | -17.3% | |
| Q4 2017 | -2.9% | -0.6% | -22.1% | |
| Q3 2017 | -5.8% | -4.6% | +5.8% | |
| Q2 2017 | +7.0% | +9.7% | +19.1% | |
| Q1 2017 | +2.1% | -2.2% | -12.2% | |
| Q4 2016 | -5.4% | -5.4% | -18.8% | |
| Q3 2016 | +9.7% | +9.3% | +37.9% | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — |
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