Camping World Reports Q4 Revenue Growth, Net Loss

Camping World Holdings, Inc. reported its fourth-quarter results for 2024, revealing a revenue increase to $1.2 billion, marking an 8.6% rise year-on-year. Despite a non-GAAP loss of $0.47 per share, which exceeded analysts' expectations by 13.3%, the company noted substantial growth in both new and used vehicle sales. The CEO, Marcus Lemonis, highlighted the company's focus on product development and cost discipline as key drivers for improved profitability heading into 2025. For the full year, Camping World posted revenues of $6.1 billion, a slight 2.0% decrease from the previous year, with a net loss of $78.9 million. The company remains committed to organic and inorganic growth strategies, emphasizing the need to enhance sales and maintain cost efficiency. Overall, while the company has shown some positive trends, challenges remain, particularly in achieving sustained profitability.