Shares of Camping World Holdings (CWH, Financial), a leading retailer in the recreational vehicle and vehicle services sector, experienced a nearly 10% increase before market trading. This rise follows the company's impressive third-quarter results.
The company reported new vehicle revenue of $824.9 million, marking an increase of $145.7 million or 21.5%. Additionally, new vehicle sales reached 19,943 units, representing a growth of 4,738 units or 31.2% compared to the previous year. Significantly, same-store new unit sales saw a year-over-year increase of 29%, setting a record market share for new units. The trend for used unit sales also showed steady improvement during October.
