Profile
Sector:
Consumer CyclicalIndustry:
Auto & Truck DealershipsCountry:
United StatesIPO:
07 October 2016Website:
http://www.campingworld.comNext earnings report:
01 August 2024Last dividends:
13 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:32:09 GMTAnalysts recommendations
Institutional Ownership
CWH Latest News
Although the financial results of Camping World (CWH) for the quarter ending in March 2024 provide an overview of the company's performance, it may be beneficial to analyze how certain important metrics stack up against both Wall Street expectations and previous year figures.
Camping World (CWH) reported a quarterly loss of $0.40 per share, slightly missing the Zacks Consensus Estimate of a loss of $0.39. This is a decrease from earnings of $0.14 per share in the same quarter last year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The headline numbers for Camping World (CWH) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Camping World (CWH) came out with a quarterly loss of $0.47 per share versus the Zacks Consensus Estimate of a loss of $0.54. This compares to loss of $0.20 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Camping World (CWH), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
Camping World (CWH) is set to further expand its footprint in Minnesota by acquiring Roth RV by the second quarter of 2024.
Camping World invests heavily in RV retail location growth through acquisitions and greenfield investments. The company's earnings have been impacted by reduced consumer spending after high spending during the Covid pandemic, but CEO Marcus Lemonis expects earnings to recover well in 2024 and forward. The current valuation seems to have an upside into a baseline financial scenario, in my opinion making the stock a high risk-to-reward pick.
Abiding by its supercharged acquisition plan, Camping World (CWH) is set to increase its footprint in Texas and Oklahoma by second-quarter 2024.
Camping World NYSE: CWH cut its dividend by 80%, and the shares fell 50% because of it, but the cut is a good thing. The cuts weren't made because the company couldn't pay but because it used cash flow for growth.
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What type of business is Camping World Holdings?
Camping World Holdings, Inc., through its subsidiaries, retails recreational vehicles (RVs), and related products and services. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry. It also offers extended vehicle service contracts; roadside assistance plans; property and casualty insurance programs; travel assist travel protection plans; and RV and outdoor related consumer shows, as well as produces various monthly and annual RV focused consumer magazines; and operates the Coast to Coast Club. In addition, the company provides new and used RVs; vehicle financing; RV repair and maintenance services; various RV parts, equipment, supplies, and accessories, which include towing and hitching products, satellite and GPS systems, electrical and lighting products, appliances and furniture, and other products; and collision repair services comprising fiberglass front and rear cap replacement, windshield replacement, interior remodel solutions, and paint and body work. Further, it offers equipment, gears, and supplies for camping, hunting, fishing, skiing, snowboarding, bicycling, skateboarding, and marine and watersports equipment and supplies, as well as operates Good Sam Club, a membership organization that offers savings on a range of products and services and provides co-branded credit cards. As of December 31, 2021, the company operated through a network of approximately 187 retail locations in 40 states of the United States. It serves customers through dealerships, and online and e-commerce platforms. The company was founded in 1966 and is headquartered in Lincolnshire, Illinois.
What sector is Camping World Holdings in?
Camping World Holdings is in the Consumer Cyclical sector
What industry is Camping World Holdings in?
Camping World Holdings is in the Auto & Truck Dealerships industry
What country is Camping World Holdings from?
Camping World Holdings is headquartered in United States
When did Camping World Holdings go public?
Camping World Holdings initial public offering (IPO) was on 07 October 2016
What is Camping World Holdings website?
https://www.campingworld.com
Is Camping World Holdings in the S&P 500?
No, Camping World Holdings is not included in the S&P 500 index
Is Camping World Holdings in the NASDAQ 100?
No, Camping World Holdings is not included in the NASDAQ 100 index
Is Camping World Holdings in the Dow Jones?
No, Camping World Holdings is not included in the Dow Jones index
When does Camping World Holdings report earnings?
The next expected earnings date for Camping World Holdings is 01 August 2024