Camping World Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 04:10 pm EDT
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Camping World Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 1,729.61 million compared to USD 1,855.68 million a year ago. Net income was USD 15.96 million compared to USD 41.13 million a year ago. Basic earnings per share from continuing operations was USD 0.36 compared to USD 0.98 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to USD 0.97 a year ago.
For the nine months, revenue was USD 5,117.21 million compared to USD 5,686.71 million a year ago. Net income was USD 47.83 million compared to USD 170.17 million a year ago. Basic earnings per share from continuing operations was USD 1.07 compared to USD 4.01 a year ago. Diluted earnings per share from continuing operations was USD 1.03 compared to USD 3.99 a year ago.
Camping World Holdings, Inc. is a retailer of recreational vehicles (RVs) and related products and services. The Company operates through two segments: Good Sam Services and Plans and RV and Outdoor Retail. The Good Sam Services and Plans segment consists of programs, plans, and services that are geared towards protecting, insuring and promoting the RV lifestyle and include services, such as extended vehicle service contracts, vehicle roadside assistance, property and casualty insurance, travel protection, travel planning and directories, and publications. The RV and Outdoor Retail segment consists of all aspects of its RV dealership operations, which includes selling new and used RVs, assisting with the financing of new and used RVs, selling protection and insurance related services and plans for RVs, servicing and repairing new and used RVs, installing RV parts and accessories, and selling RV and outdoor related products, parts and accessories.