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 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]

Table of Contents Commission file number: 001-37908 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to_____ CAMPING WORLD HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth S ...

Financial Data and Key Metrics Changes - The company recorded revenue of $1.2 billion for Q4 2024, an increase of 9% compared to the previous year, driven by an 8% increase in new unit sales and an 11% increase in used unit sales [20][21] - Adjusted EBITDA loss improved to $2.5 million from a loss of $8.9 million year-over-year, primarily due to accelerated used inventory procurement and new unit market share gains [23] - The company ended the quarter with approximately $288 million in cash, including $80 million in the floor plan offset account, and $339 million in used inventory net of flooring [24] Business Line Data and Key Metrics Changes - New vehicle gross margin was 15.2%, primarily due to lower promotional support compared to the prior year [21] - Used vehicle gross margin improved to 18.7% as fresh used inventory was brought back into the system [21] - Good Sam achieved revenue growth of 1% with nearly $95 million in EBITDA, indicating solid performance in product services and other areas despite pressures from the furniture business sale [22] Market Data and Key Metrics Changes - The company ended 2024 with a record combined new and used market share of 11.2%, with expectations to reach 12% in early 2025 [10][11] - Early 2025 results showed healthy mid-single-digit growth, with expectations for used same-store sales tracking positive double digits in February [15][16] - The company anticipates retail demand to remain relatively flat year-over-year, estimating around 350,000 retail sales for 2025 [98][102] Company Strategy and Development Direction - The company aims for 10% to 15% unit growth in used RVs and low single-digit growth in new RVs, with a focus on improving total gross profit and SG&A by 600 to 700 basis points [10][18] - The strategy includes expanding dealership acquisitions, with plans to close an additional four to six rooftops by the end of spring [17][90] - The company is focused on maintaining its dominance in the RV market while expanding its Good Sam and service metrics [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the health of the broader RV industry, citing good foot traffic and lead volume in stores [42][46] - The company expects explosive EBITDA growth in Q1 2025 compared to the prior year, driven by gross margin improvements and significant SG&A reductions [13][117] - Management noted that the ten-year treasury yield's stabilization could lead to retail finance rate relief for customers, enhancing affordability [11][30] Other Important Information - The company raised $330 million in growth capital in October and amended its RV floor plan facility, adding $300 million of runway [9] - The company is committed to achieving a 600 to 700 basis point improvement in SG&A as a percentage of gross profit, with adjustments to the cost structure already in progress [23][152] Q&A Session Summary Question: On new ASPs, is the improvement due to rate reductions or other factors? - Management indicated that ASPs typically start lower in the year and rise as the season progresses, with rate reductions allowing customers to afford more expensive units [28][31] Question: How much of the SG&A improvement is volume-driven versus cost savings? - Management acknowledged that some improvement comes from increased gross profit, but difficult decisions regarding headcount were also made to achieve the targeted SG&A improvements [32][34] Question: What feedback has been received from the show season regarding retail demand? - Management noted positive feedback from show season, with good foot traffic and lead volume, indicating a healthy demand for RVs [42][46] Question: What is the expected retail demand for 2025? - Management anticipates retail demand to be relatively flat year-over-year, estimating around 350,000 retail sales [98][102] Question: Can you clarify the impact of insurance claims on SG&A? - Management quantified the impact of higher insurance claims at about $6 million for the quarter, which is expected to normalize [151] Question: What is the outlook for used RV opportunities in 2025? - Management expressed confidence in the used RV market, highlighting significant procurement efforts and a strong inventory position [155]

Camping World Holdings, Inc. (NYSE:CWH) Q4 2024 Earnings Conference Call February 26, 2025 8:30 AM ET Company Participants Marcus Lemonis – Chairman and Chief Executive Officer Matthew Wagner – President Tom Kirn – Chief Financial Officer Lindsey Christen – Chief Administrative and Legal Officer Brett Andres - SeniorVice President Investor Relations Conference Call Participants Joe Altobello – Raymond James Alex Perry – Bank of America Merrill Lynch Craig Kennison – Baird James Hardiman – Citi Noah Zatzkin ...