Abstract
Camping World Holdings Inc. will report its quarterly results on February 24, 2026, Post Market; this preview consolidates the latest financial data, company guidance, and media coverage from January 1, 2026 to February 17, 2026.
Market Forecast
Based on the company’s most recent guidance inputs and market tracking, Camping World Holdings Inc.’s current-quarter revenue is estimated at 1.16 billion, with forecast year-over-year growth of 3.11%; the quarter’s EPS estimate is -0.57 with year-over-year change of -12.28%, and EBIT is estimated at -22.44 million with year-over-year change of -331.30%. Forecast commentary suggests the core RV and outdoor retail business will anchor performance as pricing and unit mix normalize. The Good Sam services and plans business remains the most promising segment in terms of margin contribution, supported by memberships and ancillary services, though formal segment-level year-over-year growth data was not disclosed.
Last Quarter Review
Camping World Holdings Inc. delivered last quarter revenue of 1.81 billion, gross profit margin of 28.63%, GAAP net profit attributable to the parent of -40.44 million, net profit margin of -2.24%, and adjusted EPS of 0.43; total revenue grew 4.70% year-over-year, EPS increased 230.77% year-over-year, and EBIT rose 38.26% year-over-year. On a sequential basis, net profit contracted by -233.83%, reflecting the interplay of seasonality, interest costs, and one-time items against a solid adjusted EPS performance. The company’s main business, RV and outdoor retail, generated 1.75 billion, while Good Sam services and plans contributed 52.51 million.
Current Quarter Outlook
RV and Outdoor Retail
The RV and outdoor retail business is expected to determine the quarter’s top-line outcome with a revenue estimate of 1.16 billion for the consolidated business. The last quarter’s gross margin of 28.63% sets a benchmark for near-term pricing and unit mix considerations, with the forecast implying modest year-over-year revenue growth of 3.11%. Management’s investor presentation in January emphasized fluctuations in both monthly and trailing twelve-month unit sales across the industry, indicating that volume momentum could be uneven intra-quarter, but still supported by normalizing inventory and a disciplined approach to discounting. In this context, the implied EPS estimate of -0.57 suggests that margin pressure and operating deleverage may outweigh revenue gains in the quarter, likely due to promotional intensity, financing costs, and a seasonal mix shift. A negative EBIT forecast of -22.44 million aligns with this view, signaling that gross margin gains may be partially offset by higher SG&A, store investments, and the cost of carrying inventory ahead of spring selling.
Good Sam Services and Plans
Good Sam services and plans remains a structurally attractive contributor, anchoring recurring membership and service revenue, and providing margin stability relative to unit sales cycles. While last quarter’s segment revenue of 52.51 million was smaller than retail, the profit quality per dollar tends to be favorable, supporting overall margin resilience when retail volatility emerges. The January communication highlighted ongoing programmatic initiatives and membership-driven monetization, serving as levers to smooth quarterly variability and enhance lifetime value. In the current quarter, even with consolidated EBIT projected negative, this segment’s economics are poised to mitigate downside at the operating level through higher attach rates on service offerings and sustained utilization of benefits. Success will likely hinge on cross-selling within the retail footprint, digital engagement for renewals, and converting seasonal traffic into higher membership uptake that carries into peak periods.
Key Stock Price Drivers This Quarter
The stock’s near-term path will be most influenced by the revenue growth versus margin trade-off, with a 3.11% year-over-year revenue estimate juxtaposed against a negative EBIT outlook and an EPS estimate of -0.57. Investors will closely watch the gross margin trajectory relative to the 28.63% baseline from last quarter, as any improvement from pricing discipline or used RV mix could partially offset operating expense pressure. Unit sales cadence is another decisive factor: the January presentation underscored variability in monthly and trailing twelve-month figures, hinting that intra-quarter delivery strength and inventory turnover will impact perceived sustainability of revenue growth. Lastly, financing costs and working capital positioning remain pivotal, as net profit margin was -2.24% last quarter; tight control over promotional spending and inventory carrying costs may determine whether losses narrow or widen. Any sign of strengthening conversion in the Good Sam services and plans business could help sentiment if retail dynamics are choppy.
Analyst Opinions
Bullish views dominate the collected perspectives during the January 1, 2026 to February 17, 2026 window, centered on supportive company communications and the absence of new negative rating actions within the period. The investor presentation released on January 13, 2026 outlined operational priorities and highlighted the frameworks through which revenue and profitability can stabilize, contributing to a constructive tone among market watchers assessing the upcoming quarter. The majority viewpoint emphasizes that the projected 3.11% year-over-year revenue increase provides a reasonable base for near-term recovery efforts, even as the EPS and EBIT forecasts point to continued margin pressure. In this reading, the focus is on execution: improving unit economics in RV and outdoor retail and expanding membership value in Good Sam services and plans are viewed as practical levers to bridge toward better profitability as the selling season progresses. The bullish camp expects the combination of disciplined pricing, mix optimization, and membership monetization to gradually align revenue growth with margin improvement, thereby creating upside optionality when operating costs moderate and spring demand materializes.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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