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Exhibit 99.1 Camping World Holdings , Inc. Reports First Quarter 2021 Results and Raises Full Year Guidance LINCOLNSHIRE , IL -- ( BUSINESS WIRE ) -- May 4 , 2021 -- Camping World Holdings , Inc. ( NYSE : CWH ) ( the “ Company ” ) , America's Recreation Dealer , today reported results for the first quarter ended March 31 , 2021 . First Quarter Operating Highlights • • Revenue increased by $ 530.5 million to $ 1.558 billion Gross profit increased by $ 217.8 million to $ 520.5 million , and gross margin increased by 395 basis points to 33.4 % • Income from operations increased by $ 155.3 million to $ 168.6 million • Net income increased by $ 161.6 million to $ 147.4 million and included long - lived asset impairment and restructuring costs of $ 3.6 million related to the 2019 Strategic Shift . Net income margin was 9.5 % versus a net loss margin of 1.4 % for the first quarter of 2020 • Diluted earnings per share of Class A common stock and adjusted earnings per share - diluted ( 1 ) of Class A common stock were each $ 1.40 • Adjusted EBITDA ( 1 ) increased by $ 153.3 million to $ 189.3 million and adjusted EBITDA margin ( 1 ) was 12.2 % for the first quarter versus 3.5 % for the first quarter of 2020 • Vehicle inventories decreased by $ 299.6 million : new vehicle inventories were down $ 338.7 million and used vehicle inventories were up $ 39.1 million • Products , parts , accessories and other inventories increased by $ 49.6 million to $ 284.2 million Marcus Lemonis , Chairman and CEO of Camping World Holdings , Inc. stated , “ As a result of our financial performance during the three months ended March 31 , 2021 , the continued strength of our business and the confidence in our business model , we are raising our 2021 fiscal year guidance ( 2 ) of Adjusted EBITDA of $ 640 million to $ 690 million to a revised Adjusted EBITDA of $ 770 million to $ 810 million . " ( 1 ) Adjusted earnings per share - diluted , adjusted EBITDA and adjusted EBITDA Margin are non - GAAP measures . For a reconciliation of these non - GAAP measures to the most directly comparable GAAP measures , see the “ Non - GAAP Financial Measures ” section later in this press release . A reconciliation for the Company's Adjusted EBITDA outlook to the corresponding GAAP measures on a forward - looking basis cannot be provided without unreasonable efforts , as we are unable to provide reconciling information with respect to certain items . However , in 2021 the Company expects equity - based compensation of approximately $ 27-30 million , depreciation and amortization of approximately $ 53-58 million , other interest expense of approximately $ 47-50 million , and restructuring charges of approximately $ 10-13 million , each of which is a reconciling item to Net Income . ( 2 ) Prior guidance provided on February 25 , 2021 .