Camping World (NYSE:CWH) Announces Quarterly Earnings Results

Camping World (NYSE:CWH) posted its quarterly earnings data on Wednesday. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.01, Briefing.com reports. Camping World had a negative return on equity of 4.06% and a negative net margin of 1.49%.The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the business earned $0.57 EPS. Camping World’s revenue for the quarter 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. The stock had a trading volume of 4,051,981 shares, compared to its average volume of 2,929,205. Camping World has a one year low of $5.49 and a one year high of $18.34. The company has a debt-to-equity ratio of 4.30, a quick ratio of 0.23 and a current ratio of 1.17. The stock has a market cap of $651.60 million, a PE ratio of -4.25 and a beta of 2.04. The firm’s 50 day moving average price is $7.00 and its two-hundred day moving average price is $8.39.

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

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Camping World from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, May 11th. Wall Street Zen cut shares of Camping World from a “hold” rating to a “sell” rating in a report on Sunday. Citigroup reduced their price objective on shares of Camping World from $12.00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. Zacks Research raised shares of Camping World from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Raymond James Financial set a $10.00 target price on shares of Camping World in a research report on Friday, May 1st. Nine investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $14.33.

Hedge Funds Weigh In On Camping World

Large investors have recently added to or reduced their stakes in the company. Balyasny Asset Management L.P. boosted its holdings in Camping World by 18.0% in the second quarter. Balyasny Asset Management L.P. now owns 3,221,271 shares of the company’s stock worth $55,374,000 after purchasing an additional 490,245 shares during the period. State Street Corp lifted its position in shares of Camping World by 31.0% in the 4th quarter. State Street Corp now owns 1,974,266 shares of the company’s stock worth $19,210,000 after buying an additional 467,630 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Camping World by 86.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,970,543 shares of the company’s stock worth $19,173,000 after buying an additional 914,421 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Camping World by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 1,432,688 shares of the company’s stock valued at $13,943,000 after buying an additional 8,277 shares during the period. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Camping World by 8.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,428,901 shares of the company’s stock valued at $24,563,000 after buying an additional 108,565 shares during the period. 52.54% of the stock is currently owned by institutional investors.

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.