Camping World Holdings (CWH) Q2 FY26 earnings call

Camping World navigated a challenging quarter marked by a significant weakening in the new RV market, leading to a revised adjusted EBITDA outlook. The company proactively cleansed aged inventory, which pressured vehicle margins but positioned them for a leaner second half. Despite headwinds, they achieved market share gains in both new and used units, expanded Good Sam margins, and initiated substantial SG&A efficiency programs, focusing on controllable variables to build a more resilient business.