Camping World Q3 revenue beats estimates on strong used vehicle sales

Camping World Holdings

28/10/2025 20:16

Overview

Camping World Q3 revenue grows 4.7%, beating analyst expectations

Adjusted EPS for Q3 beats consensus

Used vehicle sales drive revenue growth, offsetting new vehicle revenue decline

Outlook

Camping World expects 2026 adjusted EBITDA to start in the low $300 mln range

Company anticipates continued progress driven by used vehicle unit volume and improving ASPs

Camping World sets conservative new volume growth assumptions due to rising prices

Result Drivers

USED VEHICLE SALES - Strong growth in used vehicle sales drove revenue increase, with unit sales up 32.9%

MARKET SHARE - Record 13.5% market share achieved in new and used units, over 200 basis point improvement

AFFORDABILITY CONCERNS - Rising prices could create demand resistance, leading to conservative new volume growth assumptions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.8 bln
$1.75 bln (12 Analysts)
Q3 Adjusted EPS
Beat
$0.43
$0.30 (11 Analysts)
Q3 EPS
-$0.64
Q3 Net Income
-$29.35 mln
Q3 Gross Margin
28.60%
Q3 Gross Profit
$517.03 mln
Q3 Operating Income
$79.14 mln
Q3 Pretax Profit
$178.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "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 $20.50, about 18.3% above its October 27 closing price of $16.74

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw3Pmcg3a

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(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.)