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Sportsmans Warehouse - SPWH STOCK NEWS

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 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.

Rhea-AI Summary
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 successfully concludes annual Maintain the Terrain events with hundreds of volunteers across the U.S.
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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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Steven W. Sansom appointed to Sportsman’s Warehouse Board of Directors
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Sportsman's Warehouse Holdings, Inc. reports disappointing Q2 results with net sales decreasing by 11.8% and same store sales decreasing by 16.1%. Gross profit decreases to 32.6% of net sales. SG&A expenses increase to 33.1% of net sales. Net loss of $(3.3) million compared to net income of $14.6 million in Q2 2022. Adjusted net loss of $(1.6) million compared to adjusted net income of $15.1 million in Q2 2022. Adjusted EBITDA decreases to $13.1 million. Diluted loss per share of $(0.09) compared to diluted earnings per share of $0.35 in Q2 2022. For the first six months of fiscal year 2023, net sales decrease by 12.6% and same store sales decrease by 16.9%. Gross profit decreases to 31.3% of net sales. SG&A expenses increase to 34.9% of net sales. Net loss of $(18.9) million compared to net income of $16.6 million in the prior year period. Adjusted net loss of $(16.4) million compared to adjusted net income of $17.3 million. Adjusted EBITDA decreases to $7.5 million. Diluted loss per share of $(0.50) compared to diluted earnings per share of $0.38. Third quarter fiscal year 2023 outlook expects net sales to be in the range of $310 million to $330 million with adjusted diluted earnings per share in the range of negative $0.20 to negative $0.05.
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Sportsman's Warehouse Holdings, Inc. will hold its quarterly conference call to discuss second quarter 2023 financial results on September 6, 2023.
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FAQ

What is the current stock price of Sportsmans Warehouse (SPWH)?

The current stock price of Sportsmans Warehouse (SPWH) is $1.69 as of February 21, 2025.

What is the market cap of Sportsmans Warehouse (SPWH)?

The market cap of Sportsmans Warehouse (SPWH) is approximately 66.6M.

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.
Sportsmans Warehouse

Nasdaq:SPWH

SPWH Rankings

SPWH Stock Data

66.61M
35.65M
5.27%
84.33%
2.24%
Specialty Retail
Retail-miscellaneous Shopping Goods Stores
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United States
WEST JORDAN