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This statistic highlights Camping World’s Unit Sales by Segment, split across new vehicles and used vehicles segments, reported on a quarterly basis from 2016 onwards.
Camping World Holdings Inc. is an American company specializing in the sale of motor vehicles (RVs), RV parts and services. The company also sells camping equipment. The company is deeply involved in sports sponsorships such as being the sponsors of Camping World Stadium and Camping World Kickoff, which takes place at the same location.
|Category||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
(All figures in thousands, except for percentages)
Camping World’s total sales increased from 33.71 thousand in Q3 2020 to 40.50 thousand in Q3 2021, marking a growth of 20.14% or $6.79 thousand, on a year-on-year basis. The company’s total sales decreased from 40.50 thousand in Q2 2021 to 32.38 thousand in Q3 2021, witnessing a decline of 20.05% or $8.12 thousand, on a quarter-on-quarter basis.
Camping World’s total sale can be bifurcated into the following segments:
The New Vehicle segment includes new recreational vehicles (RVs) sold by the company. These recreational vehicles are more like vans which are specially designed and equipped with beds and cooking equipment so that while going on a holiday people can stay in them, The company offers travel trailers, Fifth wheel, toy carriers, pop-ups, truck campers, class A gas, class A diesel, class B.
The company’s sales from the New Vehicles segment accounted for 57.90% of the total sales in Q3 2021. The sale of New Vehicles increased from 10.51 thousand in Q1 2016 to 21.43 thousand in Q1 2021, setting a huge increment of 103.9% or 10.92 thousand in 5 years. The company’s sales grew up from 23.18 thousand in Q3 2020 to 26.18 thousand in Q2 2021, making an increase of 12.94% or 3 thousand. However, Camping witnessed a decline of 28.38% on a quarter-on-quarter basis, from 26.18 thousand in Q2 2021 to 18.75 thousand in Q3 2021. On a yearly basis, the sales fell by 19.11%, from 23.18 thousand in Q3 2020 to 18.75 thousand in Q3 2021.
This segment includes used recreational vehicles sold (abbreviated as RVs) sold by Camping World. The company buys the used vans from the market and further sells them as second-hand vans.
This segment contributed 42.10% to the total sales of the company in Q3 2021.The company’s sales from the used vehicles section increased from 8.02 thousand in Q1 2016 to 10.32 thousand in Q1 2021, setting a rise of 28.68% in 5 years. The sales further showed an incline from 10.53 thousand in Q3 2020 to 14.32 thousand in Q2 2021, setting a growth of 35.99% or $3.79 thousand. However, the revenue witnessed a slight decrease from 14.32 thousand in Q2 2021 to 13.63 thousand in Q3 2021, making a decline of 4.82% or 0.69 thousand, on a quarter-on-quarter basis. It witnessed an increment of 29.4% on a year-on-year basis, from 10.53 thousand in Q3 2020 to 13.63 thousand in Q3 2021.
Camping World Holdings Inc., together with its subsidiaries, headquartered in Lincolnshire, Illinois, is America’s largest retailer of RVs and related products and services. It has specializing in the sale of motor homes (RVs), motor home parts, and motor home services and sells camping accessories as well. Good Sam Services and Plans I, and RV and Outdoor Retail are the two reportable segments of the company. Camping World operates more than 180 retail and service locations in 46 states, selling products online and by mail order. Furthermore, the company owns a national network of RV dealerships and repair centres, as well as a full e-commerce platform, mostly under the Camping World and Gander RV & Outdoors brands, and primarily offers its products and services to RV and outdoor enthusiasts.
Camping World generates the majority of its revenue from the sale of emergency roadside assistance plans, property and casualty insurance programmes, travel assist programmes, extended vehicle service contracts, vehicle financing and refinancing assistance, consumer shows and events, and consumer publications and directories in the Good Sam Services and Plans segment. It generates revenue from the sale of new and used RVs, commissions on finance and insurance contracts related to RV sales, RV service and collision work, RV parts, accessories, and supplies, outdoor products, equipment, gear, and supplies, business to the business distribution of RV furniture, and Good Sam Club memberships and co-branded products credit cards.
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