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 (SPWH) operates as a leading outdoor retailer specializing in hunting, camping, and outdoor recreation gear. This news hub provides investors and stakeholders with verified updates directly from the company, including earnings announcements, product expansions, and strategic initiatives.
Our curated collection of SPWH news ensures access to official press releases and market-moving developments. Track updates across key operational areas such as retail expansions, partnership agreements, and leadership updates. The resource is designed to help users monitor the company’s position in the competitive outdoor goods sector.
Discover timely information on inventory launches, financial results, and corporate milestones. All content is sourced from authorized channels to maintain accuracy and compliance. Bookmark this page for streamlined access to SPWH’s latest business developments and industry communications.
Sportsman’s Warehouse (SPWH) announced the acquisition of two Field & Stream locations in Erie, Pennsylvania, and Charleston, South Carolina, for $4.5 million, which will be funded by cash on hand. This strategic move aligns with the Company’s growth strategy aimed at expanding its market presence. Sportsman’s Warehouse has previously acquired 10 Field & Stream stores and plans to open nine additional stores this year, enhancing its footprint across 27 states with 107 existing locations.
Sportsman’s Warehouse Holdings (Nasdaq: SPWH) announced plans to open a new store in Chambersburg, Pennsylvania, on September 24-26, 2020. This will be the company's fourth location in the state, featuring over 60,000 items tailored for local outdoor enthusiasts, including hunting and camping gear. The grand opening will include special discounts, giveaways, and a mobile shooting range experience. The store emphasizes health safety protocols, aiming to provide a valuable community resource and exceptional service.
Sportsman's Warehouse has been invited to participate in Lake Street's 4th annual Best Ideas Growth Conference on September 17, 2020. During the event, company management will engage in one-on-one and group meetings with investors. Sportsman's Warehouse, listed on Nasdaq under the symbol SPWH, is committed to providing quality outdoor gear and exceptional service to cater to a wide range of outdoor enthusiasts. For further information, visit the Investor Relations section on their website.
Sportsman's Warehouse (SPWH) reported impressive financial results for the second quarter ended August 1, 2020, with net sales reaching $381 million, a 79.9% increase year-over-year. Same-store sales surged by 61%, driven by demand across all categories, particularly hunting and shooting. E-commerce sales soared over 300% compared to the previous year. The company reported a net income of $32.5 million, up from $5.5 million in Q2 2019. Despite a slight decline in gross profit margin to 33.9%, Sportsman's Warehouse ended the quarter nearly debt-free, with total liquidity of $183.5 million.
Sportsman's Warehouse (SPWH) announced its upcoming quarterly conference call to discuss Q2 and H1 2020 financial results scheduled for September 2, 2020, at 4:30 p.m. ET. The call will be available via the investor relations website, with an online archive accessible for one year post-call. This event highlights the Company's commitment to transparency and investor engagement as it aims to cater to a diverse outdoor customer base.
Sportsman’s Warehouse (Nasdaq: SPWH) has partnered with The Outdoor Group, LLC to sponsor the archery hunting show “Respect the Game” for one year starting December 28, 2020. The show highlights bowhunting strategies and product effectiveness through real hunting experiences, airing on multiple channels and reaching 32 million homes. Sportsman’s Warehouse aims to showcase its products during the show, enhancing visibility among outdoor enthusiasts. This collaboration is expected to strengthen the company's brand presence in the hunting community.
Sportsman’s Warehouse Holdings (Nasdaq: SPWH) has launched the exclusive Vanguard MeatEater Edition hunting rifles in collaboration with Weatherby. This limited edition rifle guarantees SUB-MOA accuracy, featuring a three-position safety and a spiral fluted barrel. Available in six calibers, the product aims to meet the demands of hunters seeking quality and affordability. CEO Jon Barker highlights the innovative collaboration with Weatherby and the MeatEater brand, creating a lightweight, durable, and accurate rifle. This product is expected to attract significant interest in the hunting community.
Sportsman’s Warehouse (Nasdaq: SPWH) is sponsoring the Ducks Unlimited Great Outdoors Festival on July 11, 2020, from 9:00 a.m. to 3:00 p.m., supporting local conservation efforts. The event features free memberships for the first 300 youth attendees, a free lunch, and various outdoor activities. There will also be vendor demonstrations, product discounts, and a chance to win a $300 gift card. The festival celebrates Sportsman’s Warehouse's 14th anniversary in Chattanooga and emphasizes their commitment to community engagement.
Sportsman’s Warehouse (Nasdaq: SPWH) is set to celebrate the grand opening of its new location in Kalamazoo, Michigan, from June 26-28, 2020. The store will offer over 60,000 region-specific items, family-oriented events, and career opportunities. Activities include a mobile shooting range and special discounts. Sportsman’s Warehouse emphasizes quality outdoor gear, apparel, and exceptional service. Health and safety protocols will be upheld to ensure a safe shopping experience for customers and staff alike.
Sportsman's Warehouse Holdings (SPWH) will present at the 40th Annual William Blair Growth Stock Conference on June 10, 2020, at 2:20 PM ET. The presentation will be accessible via a live webcast and archived replay two hours after the event. Sportsman's Warehouse is an outdoor specialty retailer dedicated to serving outdoor enthusiasts with exceptional gear and services.