Camping World Q1 revenue misses estimates

Camping World Holdings

29/04/2026 21:48

Overview

U.S. RV retailer's Q1 revenue fell 4.2% and missed analyst expectations

Adjusted EPS for Q1 was negative but beat analyst estimates

Company reaffirmed full-year 2026 adjusted EBITDA outlook

Outlook

Camping World reaffirms full-year 2026 Adjusted EBITDA guidance of $275 mln to $325 mln

Company says recent sales trends in March and April support its 2026 outlook

Camping World remains focused on unit growth, Good Sam’s growth, and SG&A cost efficiency in 2026

Result Drivers

LOWER VEHICLE SALES - Declines in new and used vehicle unit sales led to lower revenue and gross profit, with new vehicle revenue down 5.4% and used vehicle revenue down 4.4%

MARGIN PRESSURE - Gross margins on new and used vehicles declined due to higher average costs and lower average selling prices

COST REDUCTIONS - SG&A expenses fell 7.5%, driven by lower employee compensation, advertising, and commissions, helping offset profit declines

Company press release: ID:nBw58d97ca

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$1.35 bln
$1.41 bln (13 Analysts)
Q1 Adjusted EPS
Beat
-$0.21
-$0.30 (12 Analysts)
Q1 EPS
-$0.26
Q1 Net Income
-$26.7 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto vehicles, parts & service retailers peer group is "buy"

Wall Street's median 12-month price target for Camping World Holdings Inc is $14.50, about 112.9% above its April 28 closing price of $6.81

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)