Camping World sells and services recreational vehicles (RVs) and campers, offering new and used units along with related accessories. It operates a nationwide network of over 185 service centers to provide maintenance, repair, and upgrades. Revenue comes from vehicle sales, service fees, and membership programs, including Good Sam for roadside assistance and discounts. Its strengths lie in combining large inventory with a broad service network and a loyalty program to create an integrated, one-stop experience for RV buyers and travelers, aiming to drive repeat business and long-term engagement.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Lincolnshire, Illinois
Founded
1966
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Health Insurance
Dental Insurance
Vision Insurance
Paid Time Off
401(k) Retirement Plan
Employee Assistance Program
Parental Leave
Tuition Reimbursement
Camping World reported Q2 revenues of $1.93 billion, down 2.1% year-on-year and missing analyst expectations by 2.5%. The recreational vehicle and outdoor merchandise retailer also missed full-year EBITDA guidance significantly. The company's stock remained flat following the earnings announcement and currently trades at $6.04. Camping World was one of four vehicle retailer stocks analysed for Q2 performance. As a group, these companies missed revenue consensus estimates by 5.9%, with share prices declining an average of 1.6% since reporting. CarMax performed best amongst peers, reporting revenues of $8.01 billion — up 6.2% year-on-year and exceeding expectations by 8.2%. Its stock rose 17.7% post-earnings to $61.34. Vehicle retailers face challenges from online competition whilst maintaining importance in a fragmented, localised market where cars remain essential purchases for consumers.
Camping World is pleased to announce an investment in Happier Camper, Inc., the developer of patented modular van conversion system - Adaptiv™.
Camping World closed the second quarter with 200 locations, down just one from a year earlier. But the retailer booked $13.1 million in long-lived asset impairment in the quarter, up from zero the previous year, signalling it's writing down properties that won't recover their investment. The company sold $67.6 million in real estate in the first half whilst spending only $1.4 million buying property, reversing the prior year's $72.4 million outlay and $9.8 million in sales. New RV unit sales fell 16.4% to 22,312. Average selling prices rose 13.6% to $38,950, but per-unit costs climbed 17.4%, squeezing new vehicle gross margin to 10.9%, down 286 basis points. Used unit gross profit dropped 22.3% to $4,810.
PlayStudios offers free-to-play digital casino games but faces declining revenue, dropping 4.1% annually over five years. The company generates weak free cash flow and shows diminishing returns on capital, indicating poor management decisions. Its shares trade at $0.50, representing 0.3x forward price-to-sales. Camping World, an RV and outdoor equipment retailer founded in 1966, struggles with lagging same-store sales and carries a high net-debt-to-EBITDA ratio of 8x. Share issuance caused earnings per share to plunge 67.5% annually. The stock trades at $6.85, implying 8.8x forward P/E. EMCOR, providing electrical, mechanical, and building construction services through over 70 subsidiaries, demonstrates strong performance with 16.3% annual revenue growth over two years. Share repurchases helped drive earnings per share growth of 35.7%, exceeding revenue gains whilst improving returns on capital.
US retail sales fell 0.6% in July, the largest decrease in over a year, according to the Census Bureau. The decline contrasted sharply with economists' expectations of a small increase. Motor vehicle and parts dealers saw sales drop 1.8%, whilst non-store retailers declined 2.2%. The unexpected slump suggests persistent inflation may be causing consumers to tighten their budgets. Several retail stocks declined following the data. Department store Dillard's fell 6.6%, vehicle retailer Camping World dropped 2.7%, and boat retailer OneWater declined 3%. Dillard's shares have experienced 16 moves greater than 5% over the past year. The company recently reported second-quarter earnings of $6.25 per share, beating estimates but including a $1.82 per share one-time tariff refund boost.