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Gotrade News - Camping World Holdings (CWH) reported revenue of $1.58 billion for the third quarter ended September 30, 2026, and a net loss of $320.1 million that includes a $286.7 million goodwill impairment, according to Camping World's official release published Monday, November 2, 2026, at 4:10 p.m. ET.
Regular-session close on November 2, 2026, New York time. Prices and changes: Yahoo Finance, cross-checked against the closing price on Nasdaq.com.
Camping World Earnings Details
Revenue of $1.58 billion was down $223.2 million, or 12.4%, from the third quarter of 2025, the company said. New vehicle revenue fell 16.7% to $638.9 million as new vehicle unit sales dropped 25.4% to 15,126 units, and used vehicle revenue fell 12.0% to $518.5 million.
The net loss was $290.7 million larger than a year earlier. Diluted loss per Class A share was $3.09, up $2.45 from the third quarter of 2025, and adjusted diluted loss per share was $0.19, against adjusted diluted earnings per share of $0.43. Adjusted EBITDA fell 62.4% to $36.0 million, including a $12.7 million unfavorable impact from finance and insurance chargeback liability adjustments, the company said.
The noncash goodwill impairment relates to the RV and Outdoor Retail reporting unit. The company said it was largely driven by continued pressure on new RV industry demand, promotional pricing pressure in core travel trailer offerings, the sustained decline in its share price and macroeconomic factors. SG&A expenses fell 5.8% to $387.1 million. Chief Executive Officer Matthew Wagner said the company implemented "additional reductions amounting to over $50 million of anticipated incremental annualized savings."
Why It Matters for CWH
The release repeats the outlook the company disclosed on October 5, 2026: full-year 2026 Adjusted EBITDA below the low end of its previously communicated range of $230 million to $270 million, with no additional full-year 2026 guidance. Camping World expects fourth-quarter 2026 SG&A to decline by more than $50 million year over year and intends to discuss its framework for 2027 with its fourth-quarter results.
Wagner said the industry is planning for 2027 unit sales to be comparable to 2026, "but we are building our plans around more conservative assumptions." According to the company, Net Debt decreased $97.8 million, or 7.0%, from a year earlier, and its efficiency program now totals over $150 million of anticipated annualized savings.
What to watch next: Camping World holds a conference call on its third-quarter 2026 results on Tuesday, November 3, 2026, at 8:30 a.m. ET (7:30 a.m. Central Time, as the release states).
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M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
