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.
Sportsman's Warehouse Holdings (Nasdaq: SPWH) reported its financial results for the fourth quarter and fiscal year ended January 29, 2022. Net sales decreased 5% to $416.3 million for Q4 but increased 3.7% to $1.506 billion for the fiscal year, driven by new store openings and e-commerce growth. Gross profit for Q4 was $136.6 million (32.8% of net sales), and net income reached $58.4 million. Looking ahead, Q1 2022 sales are expected between $300 million and $310 million, with same-store sales projected to decline 11% to 14% year-over-year.
Sportsman's Warehouse announced a share repurchase program authorized by its Board of Directors, allowing for the buyback of up to $75 million of its common stock, starting March 31, 2022. This initiative reflects the Company's confidence in its fundamentals and aims to enhance shareholder value. The program will continue until the anniversary of its commencement. Repurchases can occur at any time, utilizing cash on hand or available borrowings from the revolving credit facility.
Sportsman's Warehouse Holdings (SPWH) will hold a quarterly conference call on March 29, 2022, at 4:30 PM ET to discuss its fourth quarter and fiscal year 2021 financial results. Interested parties can access a live audio webcast on the company's investor relations website, with a replay available until April 5, 2022. Sportsman's Warehouse specializes in outdoor retail, catering to both seasoned and novice outdoor enthusiasts.
Sportsman’s Warehouse Holdings, Inc. (Nasdaq: SPWH) announced the appointment of Riley Timmer as Vice President of Investor Relations and Corporate Development. Timmer will lead investor-related activities and expand market opportunities for outdoor use, along with overseeing ES&G initiatives. With over 20 years of experience in finance and investor relations, he previously served as Global Head of Investor Relations at NewAge, Inc. CEO Jon Barker expressed confidence in Timmer's ability to effectively communicate the company's strategy to investors.
Sportsman’s Warehouse Holdings, Inc. (Nasdaq: SPWH) has appointed Tom Clement as the Vice President of Supply Chain/Omnichannel Operations, effective January 31, 2022. This newly established role aims to streamline distribution and enhance customer experiences by overseeing supply chain management and omnichannel strategies. Clement brings extensive experience from his consulting background and leadership roles at prominent retailers. CEO Jon Barker emphasizes that Clement's expertise will support the company’s growth and meet increasing demand for outdoor gear.
Sportsman’s Warehouse Holdings (Nasdaq: SPWH) appointed Jeff White as Chief Financial Officer effective January 21, 2022. With six years at the company, White previously held roles including Vice President of Finance and Interim CFO. His extensive financial expertise is expected to enhance the company’s strategic growth and investor relations. CEO Jon Barker expressed confidence in White’s ability to lead financial operations as the company transitions back to an independent public entity.
Sportsman's Warehouse (Nasdaq: SPWH) will participate in two investor events this January. The first is a group fireside chat on January 24, 2022, at 11:00 AM EST, hosted by Craig-Hallum. A live webcast will be available on their Investor Relations website. The second event is a group investor call as part of Lake Street’s Shooting Sports & Public Safety Event on January 26, 2022, also at 11:00 AM EST. Investors can register to listen to this call via the company’s website.
Sportsman's Warehouse (SPWH) reported financial highlights for the eight weeks ending December 25, 2021, revealing net sales of $299.6 million, flat from the prior year but a 59.3% increase from 2019. Same-store sales dropped 6.1%, although excluding firearms, they rose 2.8%. Ecommerce sales grew 2.5% year-over-year and surged 200% from 2019. The company also opened three new stores and received $55 million from a terminated merger with Great Outdoors Group. For Q4 2021, SPWH expects net sales of $405-410 million and EPS of $0.43-0.48.
Sportsman's Warehouse Holdings, Inc. (SPWH) reported a 4% increase in net sales for Q3 2021, totaling $401.0 million. The company achieved same store sales growth of 39.4% compared to Q3 2019, but a 1.5% decline year-over-year. E-commerce sales grew over 15% compared to last year. However, net income decreased to $21.9 million from $30.5 million in Q3 2020. Diluted earnings per share fell to $0.49 from $0.68. The company did not provide guidance for Q4 2021 or the full year.
Sportsman's Warehouse Holdings (SPWH) announced it will release its third quarter earnings results on December 8, 2021, after market close. The report will cover financial results for the year-to-date period ending October 30, 2021. No earnings conference call will be held. Investors can access the earnings release on the company’s investor relations website. Sportsman's Warehouse is dedicated to providing quality outdoor gear and exceptional service for all outdoor enthusiasts.