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Camping World Holdings reports third quarter results

Camping World Holdings reports third quarter results

LINCOLNSHIRE, Ill. — Camping World Holdings reported results for the third quarter ended Sept. 30.

Third quarter highlights and year-over-year financial comparisons include:

  • Revenue increased 6.2% to $1.313 billion;
  • Gross profit increased 5.9% to $376.3 million, and gross margin was flat at 28.7%;
  • Income from operations, net income and diluted earnings per share of Class A common stock were $83.9 million, $47.9 million, and $0.38, respectively, and included $5.8 million of pre-opening store costs associated with the Gander Outdoors store openings;
  • Adjusted EBITDA (1) decreased 17.0% to $100.1 million;
  • The number of Active Customers and Good Sam Club members reached all-time high levels of 4.5 million and 2.0 million, respectively; and
  • At September 30 the company operated a total of 227 unique locations.

Read the full story from Citizen Tribune.

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About Rebecca Smith

Rebecca Smith is a Wisconsin native currently living in Illinois with her husband, Eric, and two dogs, Maggie and Grace. She enjoys hiking, biking, kayaking and, of course, camping in cabins and park models.

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