Camping World Holdings(US:CWH) Globenewswire·2026-03-21 00:00Core Viewpoint - The lawsuit against Camping World Holdings, Inc. alleges securities fraud, claiming the company misrepresented its inventory management capabilities and consumer demand, leading to significant financial losses for investors during the class period from April 29, 2025, to February 24, 2026 [4]. Financial Performance - In Q3 2025, Camping World reported new vehicle revenue of $766.8 million, a decrease of $58.1 million or 7.0% compared to the previous year, with an average selling price decrease of 8.6% and a gross margin of 12.7%, down 81 basis points [5]. - The total gross margin for the same quarter was 28.6%, reflecting a slight decrease of 27 basis points, primarily due to the reduced average selling price [5]. - In Q4 2025, the company reported a net loss of $(109.1) million, an increase of $49.6 million or 83.3% from the previous year, with adjusted EBITDA at $(26.2) million, a loss increase of $23.7 million [6]. - The gross profit for Q4 2025 was $338.2 million, down $38.7 million or 10.3%, with total gross margin at 28.8%, a decrease of 247 basis points [6]. Inventory Management and Strategic Decisions - The company implemented strict inventory management objectives to improve turnover rates, which created gross margin headwinds into 2026 [6]. - The new vehicle gross margin was reported at 12.3%, down 291 basis points, while the used vehicle gross margin was 16.0%, down 277 basis points, attributed to increased costs and decreased selling prices [6]. Dividend and Stock Performance - Camping World announced a pause on its quarterly cash dividend due to forecasted tax distributions and a focus on reducing net debt leverage [7]. - Following the announcement of the dividend pause, the stock price fell by $1.79 per share, or approximately 16.5%, from $10.85 to $9.06 [7].