Camping World Holdings Full Year 2023 Earnings: EPS Beats Expectations

Camping World Holdings (NYSE:CWH) Full Year 2023 Results

Key Financial Results

• Revenue: US$6.23b (down 11% from FY 2022).
• Net income: US$31.0m (down 77% from FY 2022).
• Profit margin: 0.5% (down from 2.0% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: US$0.70 (down from US$3.23 in FY 2022).

CWH Sales Performance

• Like-for-like sales growth: Down 15.5% vs FY 2022.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Camping World Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%.

Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are up 5.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Camping World Holdings (1 can't be ignored!) that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.