Camping World Holdings lowered its full-year 2026 adjusted EBITDA guidance to a range of $230 million to $270 million, down from the prior $275 million to $325 million, citing a weakening new RV retail environment. The company reported second-quarter revenue of $1.93 billion, a 2.1% decrease, with net income falling 24% to $43.7 million. New vehicle unit sales dropped 16.4%, while used vehicle revenue rose 1.4% on 5.2% higher unit sales. CEO Matthew Wagner noted that the new RV sales market weakened during the peak selling season and that July could see more acute pressure due to geopolitical tensions and consumer confidence constraints. The company also revised its full-year new RV industry outlook to 290,000 to 310,000 units from 325,000 to 350,000 units, and announced a structural savings goal of $100 million, with $50 million in run-rate savings expected by the end of 2026.
Camping World Holdings IncWeak new RV demand leads to lowered guidance and reduced industry outlook
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