Welcome to our dedicated page for Sportsmans Warehouse news (Ticker: SPWH), a resource for investors and traders seeking the latest updates and insights on Sportsmans Warehouse stock.
Sportsman’s Warehouse Holdings, Inc. (NASDAQ: SPWH) is an outdoor specialty retailer in the sporting goods stores industry, focused on hunting, fishing, shooting sports, camping, and related outdoor categories. This news page aggregates company announcements, earnings results, leadership updates, and other disclosures that shape the SPWH investment story and provide context for the company’s operations.
Investors and followers of SPWH can use this feed to review quarterly and annual financial results where Sportsman’s Warehouse reports net sales, same store sales, gross margin trends, SG&A expenses, and non-GAAP metrics such as adjusted net (loss) income and adjusted EBITDA. Management commentary in these releases often highlights performance in key departments like hunting and shooting sports, fishing, and apparel, as well as the impact of inventory strategies and category mix on margins and cash flow.
Company news also covers strategic and operational updates, including store openings such as the Surprise, Arizona location, which the company has described as a personal protection–focused concept, and discussions of inventory pull-forward ahead of key hunting seasons. Leadership and governance developments are reported through press releases and Form 8-K filings, such as the appointment of a new Chief Financial Officer, transitions in senior roles, and changes to the Board of Directors and its committees.
Because Sportsman’s Warehouse operates in a regulated and competitive retail environment, its news often references macroeconomic conditions, consumer demand patterns, and regulatory considerations around firearms and ammunition. Bookmark this page to quickly access the latest SPWH earnings releases, conference call announcements, board and executive updates, and other official communications that the company furnishes to the market.
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Sportsman's Warehouse (SPWH) reported a net sales decline of 8.9% to $379.3 million for Q4 2022, due to reduced consumer demand amid inflation and recession fears. This drop contrasts with a 46.9% increase from Q4 2019. Same store sales fell 12.5% year-over-year but rose 24.9% compared to 2019. For the full fiscal year, total net sales decreased 7.1% to $1,399.5 million. Net income was $40.5 million, down from $108.5 million in FY 2021. Diluted EPS dropped to $1.00 from $2.44 year-over-year. The company plans to open 15 new stores in 2023, the most in a single year, while forecasting Q1 2023 sales between $265-270 million and a loss per share of ($0.40) to ($0.35). Leadership transitions include CEO Jon Barker's retirement and the appointment of Joseph P. Schneider as interim CEO.
Sportsman's Warehouse Holdings, Inc. (Nasdaq: SPWH) will host a quarterly conference call on April 12, 2023, at 5:00 p.m. ET to review its fourth quarter and full-year 2022 financial results. Investors can access a live audio webcast on the company’s investor relations website. A replay will be available shortly after the call and accessible through April 19, 2023. Sportsman's Warehouse focuses on providing quality outdoor gear and services to a diverse customer base, aiming to enhance outdoor experiences.
Sportsman's Warehouse (SPWH) reported third quarter results showing net sales of $359.7 million, down 10.3% year-over-year, attributed to inflation and recession concerns. Despite this, net sales increased 48.3% compared to the same quarter in 2019. Gross profit stood at $120.8 million (33.6% of net sales), reflecting improved product margins. Net income decreased to $12.9 million from $21.9 million in 2021. Looking ahead, the company anticipates fourth quarter sales between $370 million and $385 million, and plans to open up to 18 new stores in 2023.
Sportsman's Warehouse Holdings, Inc. (Nasdaq: SPWH) announced its quarterly conference call scheduled for December 7, 2022, at 5:00 p.m. Eastern Time to discuss the financial results for Q3 2022. A live audio webcast will be available on the investor relations website, with a replay accessible until December 14, 2022. The Company is recognized as an outdoor specialty retailer catering to a diverse customer base, providing exceptional gear and service to enhance outdoor experiences.
Sportsman’s Warehouse Holdings (Nasdaq: SPWH) announced the successful completion of 185 Maintain the Terrain events across the U.S., engaging over 1,000 volunteers in 122 locations. Participants collectively removed over 80 tons of trash, contributing to public land restoration and environmental protection. CEO Jon Barker emphasized the company’s commitment to conservation and building community relationships. These efforts aim to enhance access to outdoor spaces, fostering memorable experiences for all.
Sportsman’s Warehouse Holdings, Inc. (Nasdaq: SPWH) has announced the opening of five new retail locations in 2022, including stores in Seminole, Florida, Eastgate, Ohio, and Santee, California. Two additional locations are expected to open in Montrose, Colorado, and Jacksonville, Florida, by mid-November, expanding their footprint significantly. Collectively, these stores will offer over 127,000 square feet of outdoor gear. The company aims to grow its total store count to 190-210 by the end of fiscal 2025, highlighting a strong demand for outdoor equipment and a commitment to expanding its market presence.
Sportsman's Warehouse Holdings reported Q2 2022 results, with net sales of $351 million, a 3.0% decline year-over-year, influenced by inflation and recession concerns. Same store sales fell 9.4% year-over-year but rose 31.7% compared to Q2 2019. Net income was $14.6 million, down from $17.7 million in Q2 2021. While gross profit improved to 33.5% of sales, SG&A expenses increased by 1.2%. The company anticipates Q3 net sales between $345 million to $365 million, with a decrease in same store sales expected.