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Sportsman's Warehouse Holdings, Inc. - SPWH STOCK NEWS

Welcome to our dedicated page for Sportsman's Warehouse Holdings news (Ticker: SPWH), a resource for investors and traders seeking the latest updates and insights on Sportsman's Warehouse Holdings stock.

Sportsman's Warehouse Holdings, Inc. (NASDAQ: SPWH) is a leading outdoor sporting goods retailer operating across the United States, including Alaska. With 79 locations, it offers a diverse range of high-quality gear for outdoor enthusiasts. The company provides a one-stop shopping experience, equipping customers with top-brand hunting, shooting, fishing, and camping essentials. The product categories include Camping, Apparel, Fishing, Footwear, Hunting and Shooting, and Optics, Electronics, Accessories, and other products. Key items offered are backpacks, jackets, camp essentials, hiking boots, GPS devices, ATV accessories, and fishing rods.

Sportsman's Warehouse is committed to delivering the best outdoor experience, living up to its trademark as "America's Premier Outfitter." The company continues to expand and enhance its product lines to meet the needs of passionate outdoor sportsmen and sportswomen. Financially, Sportsman's Warehouse remains focused on reducing bank borrowing and aims to return to profitability and growth. The company is also actively working on expense reduction in response to macroeconomic challenges while striving to provide customers with valuable assortments aligned with key outdoor seasons.

Recent developments include the reaffirmation of full-year 2024 guidance and ongoing efforts to reset the organization to deliver exceptional service and gear. The company faces various industry-specific challenges, including government regulations and economic conditions affecting consumer spending. However, with its strong market presence and customer-centric approach, Sportsman's Warehouse is well-positioned for future growth.

For potential investors and those interested in the latest updates, Sportsman's Warehouse continues to provide transparent communications and forward-looking statements under the guidance of Riley Timmer, VP of Investor Relations.

News

Sportsman's Warehouse Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

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Sportsman's Warehouse Holdings, Inc. reported financial results for the fourteen and fifty-three weeks ended February 3, 2024, showing a decrease in net sales and gross profit. The Company aims to focus on returning to profitability in 2024, with expectations for net sales and adjusted EBITDA. Despite challenges, efforts to control costs and reduce excess inventory have been successful.
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Sportsman's Warehouse Holdings, Inc. Announces Fourth Quarter and Full-Year 2023 Earnings Conference Call

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Sportsman's Warehouse Holdings, Inc. (SPWH) will host a conference call to discuss Q4 and full-year 2023 financial results on April 3, 2024. The call will be live-streamed on the investor relations website, with a replay available until April 10, 2024.
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Sportsman’s Warehouse Announces New Executive Leadership

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Sportsman’s Warehouse Holdings, Inc. appoints Krischelle Tennessen as Chief Human Resources Officer and Michael Simpson as Chief Information Officer. Tennessen brings 30 years of HR experience, previously at The Joint Chiropractic and Five Below. Simpson, with over 20 years of tech leadership, joins from Target
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Sportsman’s Warehouse Holdings, Inc. Appoints Steven R. Becker to its Board of Directors

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Sportsman’s Warehouse Holdings, Inc. appoints Steven R. Becker as an independent member of its Board of Directors. Becker brings years of specialty retail and investment management experience, aiming to drive positive performance and support the company's strategy in navigating a complex retail environment.
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Sportsman’s Warehouse Announces Craig McNair as Chief Retail Officer

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Sportsman’s Warehouse Holdings, Inc. has appointed Craig McNair as Chief Retail Officer to oversee store operations, effective January 29, 2024. McNair will be responsible for the customer experience, in-store programs, training, talent development, and driving growth. With significant experience in retail operations, McNair aims to build in-store culture, provide a differentiated customer experience, and create loyalty and trust. His background includes leadership roles at Batteries Plus Bulbs, Academy Sports + Outdoors, Cabela’s Inc., and Sam’s Club. McNair is enthusiastic about returning to specialty outdoor retail and is committed to helping Sportsman’s Warehouse achieve growth.
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Sportsman's Warehouse Holdings, Inc. Announces Third Quarter 2023 Financial Results

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Sportsman's Warehouse Holdings, Inc. (Nasdaq: SPWH) reported a decrease in net sales and same store sales for the third quarter of fiscal year 2023, along with a significant decrease in gross profit and a net loss of $1.3 million. The company also experienced a decrease in net sales and gross profit for the first nine months of fiscal year 2023, resulting in a net loss of $20.3 million. The company expects to reduce gross margins in the fourth quarter of fiscal year 2023 due to aggressive promotional activities, and does not plan to open new stores during fiscal year 2024.
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Sportsman's Warehouse Holdings, Inc. Announces Third Quarter 2023 Earnings Conference Call

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Sportsman's Warehouse Holdings, Inc. (SPWH) to hold conference call to discuss Q3 2023 financial results on Dec 6, 2023 at 5:00 p.m. ET. Webcast available on investor relations website.
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Sportsman’s Warehouse Holdings, Inc. Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

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Sportsman’s Warehouse Holdings, Inc. granted an inducement award of 330,097 time-based restricted stock units (RSUs) to Paul Stone, the new CEO. The RSUs will vest in three equal installments, with one third vesting on each of November 1, 2024, November 1, 2025, and November 1, 2026, subject to Mr. Stone's continued service.
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Sportsman’s Warehouse Conservation Efforts Preserve National Landscapes

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Sportsman’s Warehouse successfully concludes annual Maintain the Terrain events with hundreds of volunteers across the U.S.
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Sportsman’s Warehouse Appoints Paul Stone as Chief Executive Officer and Announces Chair Transition

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Sportsman’s Warehouse Holdings, Inc. appoints Paul Stone as CEO and President, effective November 1, 2023. Joseph Schneider to retire as Independent Chair at the end of the year. Rich McBee to succeed Schneider as Independent Chair. Stone's experience in retail and digitization strategy expected to catalyze growth and improve customer experience.
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FAQ

What is the current stock price of Sportsman's Warehouse Holdings (SPWH)?

The current stock price of Sportsman's Warehouse Holdings (SPWH) is $2 as of November 22, 2024.

What is the market cap of Sportsman's Warehouse Holdings (SPWH)?

The market cap of Sportsman's Warehouse Holdings (SPWH) is approximately 78.3M.

What does Sportsman's Warehouse Holdings, Inc. specialize in?

Sportsman's Warehouse specializes in offering a wide range of outdoor sporting goods, including hunting, shooting, fishing, and camping gear.

Where are Sportsman's Warehouse stores located?

Sportsman's Warehouse operates 79 locations across the United States, including Alaska.

What types of products does Sportsman's Warehouse offer?

The company offers products in categories such as Camping, Apparel, Fishing, Footwear, Hunting and Shooting, and Optics, Electronics, Accessories, and Other products.

What is the company's trademark slogan?

Sportsman's Warehouse's trademark slogan is 'America's Premier Outfitter.'

How does Sportsman's Warehouse ensure the quality of its products?

Sportsman's Warehouse provides top-brand, high-quality outdoor gear to ensure customers have the best experience in their outdoor pursuits.

Does Sportsman's Warehouse have plans for future growth?

Yes, the company is focused on expanding its product lines, reducing expenses, and achieving profitability and growth.

How can I find employment opportunities at Sportsman's Warehouse?

For employment opportunities, visit http://employment.sportsmanswarehouse.com.

Who should investors contact for more information?

Investors can contact Riley Timmer, VP of Investor Relations, at (801) 304-2816 or via email at investors@sportsmans.com.

What are the latest updates from Sportsman's Warehouse?

Recent updates include reaffirmed full-year 2024 guidance and efforts to reset the organization for better performance and customer service.

What challenges does Sportsman's Warehouse face?

The company faces challenges such as government regulations, economic conditions, and competitive industry dynamics.

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Sportsman's Warehouse Holdings, Inc.

Nasdaq:SPWH

SPWH Rankings

#4558 Ranked by Market Cap
N/A Ranked by Dividends

SPWH Stock Data

78.35M
35.84M
5.27%
84.39%
2.79%
Specialty Retail
Retail-miscellaneous Shopping Goods Stores
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United States of America
WEST JORDAN