Camping World Holdings, Inc. Class A (CWH)

Camping World Holdings, Inc. (CWH) stock experienced a significant decline of 46.27% from January 10, 2025, to January 9, 2026. Key events impacting the stock include Q2 2025 earnings where the company reported record unit volume and revenue growth but missed EPS forecasts, leading to a stock drop. Q3 2025 earnings showed revenue and unit sales growth, but a GAAP net loss was reported. The company declared quarterly cash dividends of $0.125 per share. Matthew Wagner was announced as the new CEO in December 2025. The company focused on consolidating locations, improving SG&A, expanding gross margins, and exploring acquisitions for Good Sam. The stock price experienced fluctuations, ending at $11.80 as of January 12, 2026.

Demand for Camping World Holdings, Inc.'s products and services is highly seasonal, with sales generally highest during the spring and summer months due to increased vacation planning. Fall is a good time for bargain hunters as dealerships aim to clear inventory. Demand generally declines over the winter season, making it the slowest period for RV sales, with October often being the slowest month. The company historically experiences negative cash flow in Q4s and Q1s due to this seasonality.

Camping World Holdings, Inc. is the world's largest retailer of recreational vehicles (RVs) and related products and services, operating in the retail and wholesale sector. The company's business is divided into Good Sam Services and Plans, and RV and Outdoor Retail. The Good Sam Services and Plans segment offers services such as roadside assistance, insurance commissions, travel assistance, and the Good Sam Club membership. The RV and Outdoor Retail segment focuses on the sale of new and used RVs, finance and insurance commissions, RV service, and the sale of RV parts and accessories. The company also operates RVs.com and has expanded into hunting and fishing gear through brands like Gander Outdoors and Overton's.

Camping World Holdings, Inc. is headquartered in Lincolnshire, Illinois, and has a substantial presence across the United States, operating over 200 locations in 42 states as of late 2022 and 199 dealers as of July 2025. Florida, California, and Texas have the highest concentration of Camping World dealers. The company also serves customers in Canada.

Camping World Holdings, Inc. maintains a strong brand reputation as the world's largest recreational vehicle and outdoor retailer. The Camping World and Good Sam brands have a long-term legacy in the RV lifestyle. The company's extensive network and comprehensive assortment of products and services contribute to its market position. The company has continued sports sponsorships, enhancing brand visibility. The stock price decline is indicative of market performance and economic factors rather than a negative impact on the core brand reputation. The company's strategic shift towards more profitable segments and focus on efficiency aim to strengthen its business and brand standing.

Camping World Holdings, Inc. has a diverse ownership structure, including institutional owners, insiders, and individual investors. Institutional shareholders collectively own 62.41% of the company, with major holders including Vanguard Group Inc. and BlackRock, Inc. Insiders own 17.91% of the company, with Marcus Lemonis being a significant individual shareholder. Retail investors hold 19.69% of the company.