Camping World Holdings, Inc. Reports Third Quarter 2020 Results and Announces Stock Repurchase Program
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Camping World (CWH) Tops Q3 EPS by 48c, Revenues Beat
November 2, 2020 7:32 AM ESTCamping World (NYSE: CWH) reported Q3 EPS of $1.44, $0.48 better than the analyst estimate of $0.96. Revenue for the quarter came in at $1.68 billion versus the consensus estimate of $1.5 billion.
Third quarter operating highlights and year-over-year comparisons:
Revenue increased 21.0%, or $290.8 million, to $1.679 billion;Gross profit increased 57.5% to $533.1 million and gross margin increased 737 basis points to 31.8%;Selling, general and administrative expenses increased 7.8% to $323.0... More