Camping World Holdings, Inc. Q4 2025 Earnings Call Summary

Achieved 35% adjusted EBITDA growth in 2025, driven by record Good Sam revenue and a 14% improvement in same-store unit sales. Attributed fourth-quarter margin pressure to a deliberate strategy of clearing aged and noncore inventory to improve working capital efficiency. Identified a significant weather disruption in early 2026 that temporarily closed over 60 locations, resulting in an estimated loss of 1,500 unit sales. Emphasized a shift toward disciplined execution and cost optimization, completi ...