Bitcoin price today: falls to 2-week low below $113k ahead of Fed Jackson Hole
NEW YORK - Shares of Camping World Holdings (NYSE:CWH) jumped 5% in after-hours trading on Tuesday after the recreational vehicle retailer reported a narrower-than-expected loss and better-than-anticipated revenue for the fourth quarter.
The Lincolnshire, Illinois-based company posted an adjusted loss of $0.47 per share for Q4, compared to analyst estimates of a $0.49 per share loss. Revenue came in at $1.2 billion, exceeding the consensus forecast of $1.12 billion.
Camping World’s combined new and used same store unit sales grew for the second consecutive quarter, with increased revenue, gross profit and improved adjusted EBITDA.
"We see green shoots unfolding across the broader RV landscape, supporting our expectation for more stable industry trends throughout 2025," said Marcus Lemonis, Chairman and CEO of Camping World.
New vehicle revenue rose 10.7% year-over-year to $497.5 million in Q4, while used vehicle revenue increased 8.2% to $348.1 million. Total (EPA:TTEF) vehicle unit sales climbed 9.6% to 22,148.
However, the company still reported a net loss of $59.5 million for the quarter, compared to a $47.6 million loss in the year-ago period. Gross profit margin expanded slightly to 31.3% from 31.0% last year.
Looking ahead, Camping World said it is "positioned exceptionally well for organic and inorganic growth in 2025" as it focuses on selling more RVs, cost discipline, and driving improved profitability.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.