LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free earnings report on Camping World Holdings, Inc. (NYSE: CWH). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/'symbol=CWH. The Company posted its financial results on November 09, 2017, for the third quarter fiscal 2017. The recreational vehicle retailer and services provider saw revenue and adjusted EPS surpassed analysts' expectations. Register today and get access to over 1000 Free Research Reports by joining our site below:
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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Camping World Holdings most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
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Earnings Highlights and Summary
For three months ended September 30, 2017, Camping World's total revenue increased 25.0% to $1.24 billion from $991.07 million in Q3 FY16. The Company's total revenue surpassed analysts' expectations of $1.15 billion.
For the reported quarter, the Company's same-store revenue increased 9.4% to $982.2 million on a y-o-y basis.
During Q3 FY17, Camping World's gross profit increased 27.3% to $356.67 million from $280.24 million in the same period last year. For the reported quarter, the Company's gross margin increased 50 basis points to 28.8% of revenue from 28.3% of revenue in Q3 FY16.
For the reported quarter, Camping World's earnings before interest, tax, depreciation, and amortization (EBITDA) increased 26% to $112.99 million from $89.64 million in Q3 FY16. For the reported quarter, the Company's EBITDA margin increased 10 basis points to 9.1% of revenue from 9.0% of revenue in Q3 FY16. For the reported quarter, Camping World's adjusted EBITDA increased 35.2% to $122.05 million from $90.28 million in Q3 FY16. For the reported quarter, the Company's adjusted EBITDA margin increased 80 basis points to 9.9% of revenue from 9.1% of revenue in Q3 FY16.
During Q3 FY17, Camping World's operating income increased 27.8% to $112.12 million from $87.74 million in the same period last year. For the reported quarter, the Company's operating margin increased 10 basis points to 9.0% of revenue from 8.9% of revenue in Q3 FY16.
During Q3 FY17, Camping World's earnings before tax (EBT) increased 32.4% to $93.59 million from $70.70 million in the same period last year. For the reported quarter, the Company's EBT margin increased 50 basis points to 7.6% of revenue from 7.1% of revenue in Q3 FY16.
For the reported quarter, Camping World's net income increased 24.6% to $85.26 million on a y-o-y basis from $68.42 million in Q3 FY16. During Q3 FY17, the Company's diluted EPS was $0.68. During Q3 FY17, the Company's adjusted diluted EPS was $0.77. Adjusted diluted EPS surpassed analysts' expectations of $0.66.
Segment Details
Consumer Services and Plans - During Q3 FY17, the Consumer Services and Plans segment's revenue increased 1.6% to $46.17 million on a y-o-y basis. For the reported quarter, the segment's gross profit increased 2.3% to $26.08 million on a y-o-y basis. The growth was due to an increase in roadside assistance file size and reduced program costs.
Retail - During Q3 FY17, the Retail segment's revenue increased 26.1% to $1.19 billion on a y-o-y basis. For the reported quarter, the segment's gross profit increased 29.8% to $330.58 million on a y-o-y basis. The increase was due to an increase in finance and insurance.
Balance Sheet
As on September 30, 2017, Camping World's cash and cash equivalents increased 42.9% to $163.23 million from $114.20 million on December 31, 2016. For the reported quarter, the Company's long-term debt, net of current portion increased 14.4% to $709.51million from $620.30 million in Q4 FY16.
For the reported quarter, the Company's net accounts receivables increased 26% to $73.70 million from $58.49 million in Q4 FY16. For the reported quarter, the Company's accounts payable and accrued liabilities increased 130.2% to $158.03 million from $68.66 million in Q4 FY16.
Stock Performance Snapshot
December 22, 2017 - At Friday's closing bell, Camping World Holdings' stock slightly declined 0.52%, ending the trading session at $46.06.
Volume traded for the day: 276.94 thousand shares.
Stock performance in the last month - up 8.02%; previous three-month period - up 22.49%; past twelve-month period - up 44.13%; and year-to-date - up 42.89%
After last Friday's close, Camping World Holdings' market cap was at $4.04 billion.
Price to Earnings (P/E) ratio was at 23.80.
The stock has a dividend yield of 0.69%.
The stock is part of the Financial sector, categorized under the REIT - Office industry.
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