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Camping World Holdings (CWH) guidance and outlook

Camping World Holdings (CWH) reaffirmed its guidance on Nov 2, 2026: EBITDA $230M–$270M for FY2026. Camping World Holdings' 10-Q filed Nov 5, 2026 makes 13 forward-looking statements.

Guidance and outlook

Latest guidance

From the earnings release filed Nov 2, 2026 (8-K on EDGAR).

Forward-looking statements, 10-Q filed Nov 5, 2026

• In the event of failure of any of the financial institutions where we maintain our cash and cash equivalents, there can be no assurance that we will be able to access uninsured funds in a timely manner or at all.
• They should not be construed as an inference that the Company’s future results will be unaffected by any items adjusted for in these Non-GAAP Financial Measures.
• Although the actual timing and amount of any payments that may be made under the Tax Receivable Agreement will vary, we expect that the payments that we will be required to make to the Continuing Equity Owners, Former Profits Unit Holders and Crestview Partners II GP, L.P. may be significant if the tax benefits underlying the Tax Receivable Agreement are realizable.
• Our Board of Directors will monitor changes in the above factors and plans to re-evaluate the future of our dividend program at a later date.
• Over the next twelve months, our expansion of existing and new dealerships through construction and/or acquisition is expected to cost between $18.3 million and $28.1 million from a combination of business acquisitions and/or capital expenditures relating to land, buildings, and improvements.
• We will update our cost estimates in future periodic reports, if necessary, as there are further developments.
• Factors that could impact the quantity of future locations or the cost to acquire or open those locations include, but are not limited to, our ability to locate potential acquisition targets or greenfield locations in a geographic area and at a cost that meets our success criteria; continued strong cash flow generation to fund these acquisitions and new locations; and availability of financing.
• Additionally, our future ability to utilize our net operating losses and other tax attributes may be limited under Internal Revenue Code Section 382 (“Section 382”), which could delay or reduce future cash payments under our Tax Receivable Agreement.
• The payments we are obligated to make under the Tax Receivable Agreement are directly tied to the cash tax savings we actually realize; therefore, any delay or restriction in utilizing our tax attributes will directly delay the timing of our payments under the Tax Receivable Agreement and could reduce the overall amount ultimately paid out.
• If we obtain additional capital by issuing equity, the interests of our existing stockholders will be diluted.
• We have experienced, and expect to continue to experience, variability in revenue, net income, and cash flows as a result of annual seasonality in our business (see Note 1 — Summary of Significant Accounting Policies — Seasonality to our condensed consolidated financial statements included in Part I, Item 1 of this Form 10-Q).
• As of September 30, 2026, we had entered into contracts for construction, including remodels, new buildings, or other projects for an aggregate future capital expenditures commitment of $8.3 million.

Camping World Holdings' latest quarter

Questions

Did Camping World Holdings raise or lower its guidance?

Camping World Holdings (CWH) reaffirmed its guidance on Nov 2, 2026: EBITDA $230M–$270M for FY2026.

What does Camping World Holdings expect?

In the event of failure of any of the financial institutions where we maintain our cash and cash equivalents, there can be no assurance that we will be able to access uninsured funds in a timely manner or at all. They should not be construed as an inference that the Company’s future results will be unaffected by any items adjusted for in these Non-GAAP Financial Measures. Although the actual timing and amount of any payments that may be made under the Tax Receivable Agreement will vary, we expect that the payments that we will be required to make to the Continuing Equity Owners, Former Profits

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.