Camping World (NYSE:CWH) Issues Quarterly Earnings Results

Camping World (NYSE:CWH) posted its earnings results on Wednesday. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.56 by $0.01, Briefing.com reports. Camping World had a negative net margin of 1.55% and a negative return on equity of 3.52%. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter last year, the firm earned $0.57 EPS. The company’s quarterly revenue was down 2.1% compared to the same quarter last year.

Camping World Stock Performance

Shares of NYSE CWH traded up $0.28 during trading on Thursday, reaching $6.33. 4,051,981 shares of the stock traded hands, compared to its average volume of 2,315,365. Camping World has a 52-week low of $5.49 and a 52-week high of $18.34. The company has a quick ratio of 0.23, a current ratio of 1.17 and a debt-to-equity ratio of 4.30. The company has a 50-day moving average of $6.98 and a 200-day moving average of $8.35.

Institutional Investors Weigh In On Camping World

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new position in Camping World in the 1st quarter worth approximately $1,787,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Camping World by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,339 shares of the company’s stock worth $539,000 after acquiring an additional 1,401 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Camping World by 66.2% during the first quarter. Goldman Sachs Group Inc. now owns 889,377 shares of the company’s stock worth $14,372,000 after acquiring an additional 354,333 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Camping World by 17.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 119,259 shares of the company’s stock worth $1,927,000 after acquiring an additional 17,665 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Camping World by 371.3% in the second quarter. JPMorgan Chase & Co. now owns 278,701 shares of the company’s stock worth $4,791,000 after acquiring an additional 219,568 shares during the period. 52.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wall Street Zen downgraded Camping World from a “hold” rating to a “sell” rating in a research report on Sunday. Weiss Ratings downgraded Camping World from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, May 11th. Raymond James Financial set a $10.00 target price on Camping World in a research report on Friday, May 1st. Zacks Research raised shares of Camping World from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Truist Financial reduced their price target on shares of Camping World from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Thursday, April 9th. Nine research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $14.33.

Key Stories Impacting Camping World

Here are the key news stories impacting Camping World this week:

• Positive Sentiment: Camping World reported second-quarter 2026 adjusted earnings of $0.57 per share, slightly ahead of the $0.56 consensus estimate. Revenue was reported at approximately $2.01 billion, also above the $1.99 billion estimate. Camping World Second Quarter 2026 Results
• Positive Sentiment: Cash generation improved materially: operating cash flow reportedly rose to $398.8 million, while capital expenditures declined to $29.6 million. Cash increased to $224.1 million and total liabilities declined, providing some support amid the company’s high leverage. Camping World Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Management said it remains focused on gaining RV market share, expanding the Good Sam membership business and reducing selling, general and administrative expenses. These initiatives could help profitability if demand improves.
• Negative Sentiment: Camping World reset its 2026 adjusted EBITDA forecast to $230 million-$270 million and cited a revised industry forecast of roughly 290,000-310,000 RV units. The lower industry outlook signals softer demand and reduced near-term earnings potential. Camping World Resets 2026 EBITDA Outlook
• Negative Sentiment: Year-over-year revenue declined about 2.1%, while third-party figures cited a sharper decline in gross profit and operating profit. Some reports also showed revenue and EPS below alternative estimates, creating uncertainty around the quarter’s underlying strength. Camping World Misses Q2 Sales Expectations

Camping World Company Profile

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.