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This statistic highlights Camping World’s Same-Store Sales Growth, reported on a quarterly basis from, Q2 2017 onwards.
Camping World Holdings Inc. is an American corporation that specializes in the sale of recreational vehicles (RVs), RV parts, and RV services. They also sell camping supplies. The company is heavily involved in sports sponsorship, such as serving as the title sponsor of Camping World Stadium and the Camping World Kickoff, both of which are held at the same venue.
What is Same Store Sales?
Same-store sales represent the difference between the revenue generated by an existing store in a retail chain over a particular time period (often a fiscal quarter or a particular shopping season) and the same period in the past (usually one year). Same-store sales are also known as comparable-store sales or identical store sales. This figure helps the management analyse the future effectiveness of a retail chain. Analysts and investors prefer an increase in the same store sales, indicating a growth in the same store sales.
|Category||Q3 2020||Q2 2021||Q3 2021|
Camping World’s same store sales growth stood at $28.45 thousand in Q3 2021. The same store sales growth witnessed a decline of 7.08% on a year-on-year basis, from $30.62 thousand in Q3 2020 to $28.45 thousand in Q3 2021. Moreover, on a quarter-on-quarter basis, the same store sales growth decreased by 22.26%, from $36.6 thousand in Q2 2021 to $28.45 thousand in Q3 2021.
Camping World’s Same-Store Sales Growth can be bifurcated into the following segments:
This segment includes new recreational vehicles sold (abbreviated as RVs) sold by Camping World. Recreational vehicles refer to a vehicle or trailer that has living quarters designed for accommodation. Some of the recreational vehicles offered by Camping world includes Travel Trailer, Fifth Wheel, Toyhauler, Pop Up, Truck Camper, Class A Gas, Class A Diesel and Class B.
The New Vehicles segment contributes 57.35 to the same store sales growth of the company. This segment registered a decline of 22.52% in same store sales growth, from $21.04 thousand in Q3 2020 to $16.30 thousand in Q3 2021 on a yearly basis. It witnessed a fall from $23.54 thousand in Q2 2021 to $16.3 thousand in Q3 2021, making a fall of 30.75% on a quarter-on-quarter basis. However, it grew slightly from $21.04 thousand in Q3 2020 to $23.54 thousand in Q2 2021, indicating 11.88% of incline.
This segment includes used recreational vehicles sold (abbreviated as RVs) sold by Camping World.
The Used Vehicles segment contributes 42.7% to the same store sales growth of the company in Q3 2021. This segment witnessed the increase of 26.82%, as sales inclined from $9.58 thousand in Q3 2020 to $12.15 thousand in Q3 2021, on yearly basis. The sales showed a higher growth of 36.32% from Q3 2020 to Q2 2021, as it grew from $9.58 thousand to $13.06 thousand. However, it slightly declined by 6.96% quarterly, as compared to $13.06 thousand in Q2 2021.
Camping World Holdings Inc., headquartered in Lincolnshire, Illinois, is an American company specializing in the sale of motorhomes (RVs), motorhome parts, and motorhome services. It also sells camping accessories. Camping World operates in more than 180 retail and service locations in 46 states, selling products online and by mail order. The company is also the official sponsor of the Junior Baseball League Championship, the NASCAR Camping World Track Championship, and the National Hot Rod Association’s Camping World Trailer. It claims to be the world’s largest supplier of RV parts and accessories. Founded in 1966, Camping World proudly provides RV and camper owners with professional products and accessories, expert advice, and professional service.
The company has grown from a single store in Bowling Green, Kentucky, to the country’s largest retailer of RVs, RV accessories, and RV-related services. With over 160 Camping World Super Centers nationwide, a full-service call center, and a comprehensive website with thousands of high-quality RVs, camping, towing, and outdoor everyday items. They also provide a wide range of new and used campers, as well as camper parts and accessories. A service center with over 1,900 parking spaces and over 1,600 staff. Over 100 collision centers. RV Spa Detail and Renovation Center; Technical advice from knowledgeable experts and hard-to-find parts. In addition, Camping World has formed a multi-year partnership with Major League Baseball to become the official RV dealer and official RV and outdoor utility company for Major League Baseball.
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