Camping World Holdings, Inc. (CWH): Entry into a Material Definitive Agreement

Camping World's finance and insurance revenue grew 8.3% to $4,780 per unit, surpassing the $4,261 gross profit on average new RV sales. The company reduced floor plan borrowings by $245.2 million and inventory by $200.8 million year over year. Service bays increased by 33 to 2,842 despite a decrease in store locations. Investors should note the shift in revenue focus and inventory management strategies.

Camping World Holdings refinanced $175 million in debt, extending maturity to 2031. The facility includes $132.8 million funded at closing and $42.2 million in delayed draw commitments, with interest rates tied to SOFR or base rate plus spreads. The loan amortizes 5% annually from 2026 and allows for an additional $100 million subject to conditions, according to the company.

Camping World Holdings (NYSE:CWH) reported Q2 2026 revenue of $1.93B, down 2.1% year over year, with net income of $43.7M, down 24.0%. Adjusted EBITDA fell 21.2% to $112.1M. Management revised full-year 2026 adjusted EBITDA guidance to $230M-$270M and lowered RV industry outlooks amid weaker new RV demand and inventory clearance.

Camping World (CWH) reported Q2 revenue of $1.93B, below analysts’ $1.98B, and adjusted EPS of $0.57 in line. Adjusted EBITDA was $69.13M versus $130M estimates, and full-year EBITDA guidance of $250M midpoint was below $288.6M. Same-store sales fell 1.1% and margins declined. The company cited inventory reductions, used RV gains, and a $100M SG&A savings plan.

Camping World Holdings reported Q2 revenue of $1.9B, down 2.1% year over year, with net income of $43.7M and Adjusted EBITDA of $112.1M, both lower. The company cited market-share gains, margin expansion in Good Sam, and $26.6M lower SG&A, but weaker RV trends pressured vehicle gross profit. It cut 2026 Adjusted EBITDA guidance to $230M-$270M and reported $224.1M cash and $1.405B long-term debt.

Camping World (NYSE:CWH) reported Q2 CY2026 revenue of $1.93 billion, down 2.1% year on year and below Wall Street expectations, according to the article. Non-GAAP profit was $0.57 per share, matching analysts’ consensus. The stock fell 8.9% to $5.52 after the release. Same-store sales declined 1.1% year on year.