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Camping World (CWH) investor relations material
Camping World Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was $1.583B, down 12.4% YoY; net loss was $320.1M, including a $286.7M noncash goodwill impairment.
Adjusted EBITDA was $36M, including a $12.7M unfavorable F&I reserve adjustment; excluding it, EBITDA was $49M.
Weaker RV demand and margins pressured retail results; cost reductions, inventory discipline and Good Sam Services and Plans margin gains supported operations.
- Industry stabilization underpins new-unit, used RV and Good Sam growth priorities.CWH
Investor presentation - Contract-built trailer growth lifted gross profit despite an 11% decline in new-unit ASPs.CWH
Investor presentation - Revenue and earnings fell as new vehicle sales weakened, but cost cuts and used sales offset some pressure.CWH
Q2 2026 - Leadership transition, earnings growth, and Good Sam expansion drive the next phase.CWH
Raymond James TMT and Consumer Conference - Cost discipline, used RV growth, and private label strategy drive optimism for future earnings.CWH
Stephens Annual Investment Conference - 2026 EBITDA guidance is $275M–$325M, with focus on inventory cleansing and deleveraging.CWH
Q4 2025 - Record unit sales and 40%+ Adjusted EBITDA growth, despite a net loss from tax charges.CWH
Q3 2025 - Q3 revenue $1.72B; net income down 65.5%; record market share; used unit recovery seen in 2025.CWH
Q3 2024 - Record market share, Q4 revenue growth, and strong early 2025 momentum support a positive outlook.CWH
Q4 2024
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