Camping World Holdings, Inc. reported a strong fourth quarter in 2024, with total revenue increasing by 8.6% to $1.2 billion and a significant improvement in gross profit by 9.7% to $376.9 million. The company saw combined new and used same store unit sales grow by 4.2%, driven by increased unit sales in both categories. Despite a net loss of $59.5 million for the quarter, Adjusted EBITDA showed a substantial increase of 72.1% to $(2.5) million, indicating operational improvements.
Total revenue for Q4 2024 increased by 8.6% to $1.2 billion compared to the same period last year.
Combined new and used vehicle unit sales increased by 9.6% to 22,148 units in Q4 2024.
Gross profit rose by 9.7% to $376.9 million, with total gross margin increasing by 33 basis points to 31.3%.
Adjusted EBITDA for Q4 2024 increased by 72.1% to $(2.5) million, reflecting improved operational performance.
The company anticipates more stable industry trends throughout 2025, with continued momentum from the start of the year. They expect high-teens percentage growth in same store used unit trends and low-singles growth in same store new units year-over-year in January. The focus remains on increasing RV sales, cost discipline, and improving profitability.
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