Camping World Holdings on Monday revealed the company’s new and used same-store unit sales experienced positive growth, for the first time in a decade.
Camping World focused foremost on product affordability and development.
Chairman and CEO Marcus Lemonis said, “I am very encouraged by our October-to-date same store volume trends, with used units tracking to flat year-over-year, and new units remaining solidly up by a double-digit percentage, providing significant momentum as we focus on an improved 2025.”
Matt Wagner, president of Camping World Holdings, said the methodical approach to inventory is paying off.
He said, “We see average selling prices modestly increasing year-over-year.”
Among the company’s third quarter financial results for the third quarter that ended Sept. 30:
- Revenue was $1.7 billion for the third quarter, down 0.3% from the third quarter of 2023.
- New vehicle revenue was $824.9 million for the third quarter, an increase of 21.5% from the third quarter of 2023. New vehicle unit sales were 19,943 RVs, up 31.2% from the third quarter of 2023.
- Profits totaled $8.1 million, down 73.9% from the third quarter of 2023.
Lemonis said, “As a growth company, we believe our standout momentum positions us exceptionally well for dealership M&A and organic growth in 2025 and beyond.”
