Camping World Holdings-3 Stocks Gaining Traction in Their Turnaround Stories

Group 1: Mobileye Global - Mobileye Global's stock has been negatively impacted by a slowdown in electric vehicle (EV) sales in China, leading to an inventory surplus among its clients [2][3] - The company reported Q3 2024 EPS of 10 cents, aligning with consensus estimates, while revenue fell 8.8% year-over-year to $486 million, but exceeded the consensus estimate of$ 465.27 million [3] - A significant sequential revenue increase of 11% over Q2 indicates that inventory normalization is occurring among customers [3] Group 2: VF Corp. - VF Corp. is implementing a turnaround strategy focused on improving North American sales and cutting costs, aiming to save up to $300 million by the end of fiscal 2025 [4][5] - The company reported Q2 2025 EPS of 60 cents, beating consensus estimates by 22 cents, with revenues declining 5.6% year-over-year to$ 2.76 billion, which still surpassed the consensus estimate of $2.72 billion [6] - Inventory reduction of 13% year-over-year contributed to a gross margin increase of 120 basis points to 52.2% [6] Group 3: Camping World - Camping World is experiencing a recovery in RV sales, aided by the Federal Reserve's interest rate cut cycle, which has positively impacted the outdoor lifestyle market [8][10] - The company reported Q3 2024 EPS of 17 cents, nearly doubling consensus estimates of 9 cents, with revenue declining only 0.3% year-over-year to$ 1.73 billion, surpassing the consensus estimate of $1.64 billion [8][9] - Same-store vehicle unit sales surged 28.8% year-over-year, marking the first positive sales growth in 10 quarters, while new vehicle revenue increased 21.5% year-over-year to$ 824.9 million [9][10]