. INVESTOR PRESENTATION January 2025 Safe Harbor F o r w a r d - L o o k i n g S t a t e m e n t s This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this presentation that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements about our business plans and goals, the strength of our business, used unit sales and margin impr ...

Summary of Camping World Holdings Conference Call Company Overview - **Company**: Camping World Holdings (CWH) - **Industry**: Recreational Vehicle (RV) Retail - **Key Executives**: Marcus Lemonis (Chairman and CEO), Matt Wagner (President), Brett Andress (SVP of Corporate Development and Investor Relations) [1][2] Core Business Segments - **RV Dealership Network**: Over 200 locations selling new and used RVs, financing, parts, and services [3] - **Good Sam Business**: Membership club offering roadside assistance, warranty insurance, generating over $150 million in revenue and $100 million in EBITDA [4] Market Share and Performance - **Market Share**: Approximately 20% of new RV sales; recent increase to about 14% of total RV sales including used [5] - **Sales Performance**: Strong performance during Memorial Day weekend, outperforming industry trends which are down mid to high percentage [7] Consumer Trends and Affordability - **Affordability Focus**: Key to success has been identifying price points to drive demand; average selling prices (ASPs) monitored to attract consumers [8][9] - **Interest Rates Impact**: Interest rates and unit costs are critical; the company has been proactive in managing these factors to maintain affordability [10] Used RV Market Strategy - **Used Market Growth**: Increased market share in the used RV segment from 5% to 9% in recent months; long-term goal to combine new and used market share to 15% [27][28] - **Procurement Efficiency**: Developed a system to efficiently procure used RVs, leveraging data from Good Sam and service business [24][33] Financial Outlook - **2025 Guidance**: Low single-digit growth expected in new units, low to mid single-digit growth in used units; maintaining historical margins [39] - **Cost Management**: Focus on reducing fixed costs and improving operational efficiency to achieve 8% EBITDA margins [44] Customer Demographics - **Core Customer Profile**: Predominantly 50-year-old Republicans with household incomes over $100,000 and credit scores around 700 [45] Industry Dynamics - **Market Resilience**: Historically, the number of RVs in circulation has never decreased; the company believes in the stability of the RV lifestyle [16] - **External Factors**: Monitoring interest rates and potential tax benefits for RV loans; optimistic about the used market's growth potential [51][52] Service and Parts Business - **Service Revenue**: Average of $50 million per month in service and parts; potential for growth in customer pay work [62] Conclusion - **Strategic Focus**: Emphasis on used RV market, service business, and maintaining affordability to navigate macroeconomic challenges; cautious approach to M&A with a focus on internal growth [55][56]

Group 1 - The article expresses a beneficial long position in the shares of CWH, indicating a positive outlook on the company's stock performance [1] - The author emphasizes that the opinions presented are personal and not influenced by any business relationships with companies mentioned [1] - The content is intended for informational purposes only, and no guarantees are made regarding the accuracy or completeness of the information [2] Group 2 - The article clarifies that past performance does not guarantee future results, highlighting the inherent uncertainties in investment [3] - It notes that no specific investment recommendations are provided, leaving the suitability of investments to individual investors [3] - The authors of the analysis may include both professional and individual investors, indicating a diverse range of perspectives [3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _______________ Commission file number: 001-37908 CAMPING WORLD HOLDINGS, INC. (Exact name of registrant as specified in its charter) ...

Camping World (CWH) Q1 2025 Earnings Call April 30, 2025 08:30 AM ET Company Participants Lindsey Christen - Chief Administrative & Legal Officer and Company SecretaryMarcus Lemonis - Chairman & CEOMatthew Wagner - PresidentThomas Kirn - CFOSean Wagner - AVPMichael Swartz - Director - Equity ResearchBret Jordan - Managing Director Conference Call Participants Joseph Altobello - MD & Senior AnalystAlexander Perry - AnalystScott Stember - Executive Director & Senior Research AnalystNoah Zatzkin - Vice Preside ...

Camping World (CWH) Q1 2025 Earnings Call April 30, 2025 08:30 AM ET Speaker0 Good day, and welcome to the Camping World Holdings, Inc. First Quarter twenty twenty five Results Conference Call. All participants will be in a listen only mode. Please note that this event is being recorded. I would now like to turn the conference over to Lindsay Christian, Chief Administration Legal Officer. Please go ahead. Speaker1 Thank you and good morning everyone. A press release covering the company's first quarter ende ...

Group 1 - Camping World reported a quarterly loss of $0.16 per share, better than the Zacks Consensus Estimate of a loss of $0.23, and an improvement from a loss of $0.40 per share a year ago, resulting in an earnings surprise of 30.43% [1] - The company posted revenues of $1.41 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.47%, but showing an increase from $1.36 billion in the same quarter last year [2] - Camping World shares have declined approximately 34.7% since the beginning of the year, contrasting with the S&P 500's decline of 6% [3] Group 2 - The earnings outlook for Camping World is uncertain, with current consensus EPS estimates at $0.64 for the coming quarter and $0.91 for the current fiscal year, with revenues expected to be $1.94 billion and $6.51 billion respectively [7] - The Zacks Industry Rank places Leisure and Recreation Services in the top 34% of over 250 Zacks industries, indicating that the industry outlook can significantly impact stock performance [8] - The estimate revisions trend for Camping World is currently unfavorable, resulting in a Zacks Rank 4 (Sell), suggesting that the shares are expected to underperform the market in the near future [6]

Exhibit 99.1 Camping World Holdings, Inc. Reports First Quarter 2025 Results, Growth in Revenue, Volume, Margin and Profitability, Leading to Significant Year-Over-Year Improvements in Adjusted EBITDA and Accelerating Momentum Through April LINCOLNSHIRE, IL – April 29, 2025 (BUSINESS WIRE) -- Camping World Holdings, Inc. (NYSE: CWH) (the "Company" or "CWH"), the World's Largest Recreational Vehicle Dealer, today reported results for the first quarter ended March 31, 2025. Marcus Lemonis, Chairman and Chief ...

Camping World (CWH) shares rallied 10.4% in the last trading session to close at $13.91. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 23.9% loss over the past four weeks.Following President Trump's announcement to suspend U.S. tariffs on most countries for 90 days, Camping World shares soared, reflecting renewed investor optimism. This recreational vehicle retailer and services provider is expected to post ...

Core Insights - Camping World Holdings (CWH) reported a relatively flat industry environment but achieved record market share in 2024 and aims for 12% market share in 2025 [1][2][3] Group 1: Market Share and Sales Performance - The company ended 2024 with a combined new and used market share of 11.2% and expects to sell over 130,000 units in 2025, an increase from 121,500 units in 2024 [3][6] - Early 2025 results show promising growth, with January used same-store sales increasing in the high teens and new same-store unit sales up low single digits [2][3] Group 2: Financial Improvements and Cost Management - Management outlined financial targets for 2025, focusing on SG&A improvements and gross margin ranges, with specific cost-cutting measures already implemented [3][4] - The company anticipates significant EBITDA growth in Q1 2025, driven by gross margin improvements and SG&A reductions [4][7] Group 3: Balance Sheet Strength and Capital Management - Recent financial transactions include raising $330 million in growth capital and prioritizing debt reduction, with $288 million in cash at the end of Q4 [4][5] - The company emphasizes a strong balance sheet, with significant free and clear assets, and aims to reduce leverage by the end of 2025 [5][6] Group 4: Industry Outlook and Growth Plans - The industry outlook for 2025 projects retail demand to remain flat at around 350,000 units, with wholesale shipments expected to increase by 10,000-15,000 units [6][7] - Camping World has already acquired six dealership rooftops in 2025 and plans to close four to six more by spring [6][7]