Camping World Holdings Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Camping World Holdings (NYSE:CWH) Full Year 2024 Results

Key Financial Results

• Revenue: US$6.10b (down 2.0% from FY 2023).
• Net loss: US$38.6m (down by 225% from US$31.0m profit in FY 2023).
• US$0.81 loss per share (down from US$0.70 profit in FY 2023).

CWH Sales Performance

• Like-for-like sales growth: Down 6.0% vs FY 2023.

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

Camping World Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 39%.

The primary driver behind last 12 months revenue was the RV and Outdoor Retail segment contributing a total revenue of US$5.91b (97% of total revenue). Notably, cost of sales worth US$4.27b amounted to 70% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$1.57b (84% of total expenses). Explore how CWH's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are down 7.7% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Camping World Holdings (1 is significant) you should be aware of.

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