SPWH

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved a 2.1% same-store sales increase by prioritizing core pursuits of hunting, fishing, and shooting sports, which offset softness in discretionary categories. Hunting and shooting sports grew over 7% driven by successful event-based demand and a strategic focus on personal protection and firearms authority. Intentionally reduced inventory in camping and softlines to exit low-margin, slow-moving products and reallocate working capital toward high-demand core categories. E-commerce growth of over 6% was fueled by enhanced digital experiences in the fishing category and a natural store-traffic advantage from firearm pickup requirements. Shifted from transactional selling to a 'solution bundling' strategy, offering curated pairings like gun safes and service plans to increase basket size and gross margin. Implemented a new loyalty partnership with Epsilon to transition toward a higher-value customer model focused on lifetime value and disciplined promotions. Reiterated full-year net sales guidance of (1%) to 2% growth, assuming continued pressure on discretionary spending from high fuel costs. Expects adjusted EBITDA between $30 million and $36 million, supported by improved inventory discipline and ongoing expense management. Prioritizing debt reduction as the top capital allocation goal, utilizing positive free cash flow generated from inventory efficiency and variable cost control. Anticipates lower average inventory levels throughout 2026 by refining receipt timing to match seasonal demand and eliminating slow-moving SKUs. Planned capital expenditures of $20 million to $25 million will focus on technology investments to enhance store service and merchandising productivity. Gross margin declined 80 basis points to 29.6%, primarily due to a higher sales mix of lower-margin firearms and ammunition. SG&A expenses decreased as a percentage of sales due to disciplined payroll management and lower depreciation, partially offset by new bonus accruals. Inventory was reduced by $25.1 million year-over-year, reflecting a strategic shift toward faster-turning, regionally relevant merchandise. Management identified high fuel prices as a specific headwind impacting both consumer discretionary spending and internal f...

This article first appeared on GuruFocus. Release Date: June 02, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Same-store sales increased by over 2% in the first quarter, building on the previous year's growth. Hunting and shooting sports department sales rose by over 7% compared to last year. E-commerce sales grew by over 6%, highlighting the strength of the omnichannel model. The company successfully executed a spring range days event, boosting demand for firearms and ammunition. Partnership with a top fishing and hunting lifestyle brand, Build and String, is showing early positive results. Gross margin declined to 29.6% from 30.4% due to a higher penetration of lower-margin firearms and ammunition. Net loss for the first quarter was $21.8 million, consistent with the previous year's loss. Camping and soft line departments faced pressure due to consumer spending constraints and elevated fuel prices. The company is experiencing headwinds in fuel costs, impacting overall expenses. Inventory management remains a challenge, with a focus on improving seasonal inventory timing and eliminating slow-moving inventory. Warning! GuruFocus has detected 7 Warning Signs with SPWH. Is SPWH fairly valued? Test your thesis with our free DCF calculator. Q: Could you provide more insight into the trends you're seeing in the shooting sports category, particularly regarding event-driven demand versus underlying category strength? A: Jennifer Paul Young, CFO: We observed strength across the quarter in the shooting sports category, with March and April outperforming the prior year. While February was weaker due to strategic decisions, the category showed stabilization in May, and we feel confident about its performance in Q2. Q: Can you elaborate on the overall trends you're seeing in May? A: Jennifer Paul Young, CFO: Our business remains healthy, with hunting and shooting sports driving Q1 performance. June is a significant month for us, with Father's Day and related promotions expected to boost sales. Q: Could you discuss the factors affecting gross profit margin, which was down 80 basis points? A: Jennifer Paul Young, CFO: The decline was primarily due to category mix, with a higher penetration of firearms and ammunition. We are also taking markdowns sooner across other categories, contributing to the pressure. Q: Ho...

2.1% increase to Q1 same store sales, Reaffirms full-year 2026 Guidance WEST JORDAN, Utah, June 02, 2026 (GLOBE NEWSWIRE) -- Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced financial results for the thirteen weeks ended May 2, 2026. “I’m pleased with our first quarter performance, as same store sales increased 2.1% compared to last year, despite continued consumer economic pressure and higher fuel prices,” said Paul Stone, President and Chief Executive Officer of Sportsman’s Warehouse. “During the first quarter, we successfully executed our spring Range Days event, highlighting key products and leading brands across our personal protection and shooting sports categories. Combined with external event-driven demand, these efforts contributed to strong growth in hunting and shooting sports. Our e-commerce business also delivered strong results this quarter, with sales increasing by over 6% compared to last year. As part of our 2026 strategy, we continue to enhance the online shopping and website experience, and we are encouraged by the early results. Looking ahead, we remain focused on driving profitable growth, maintaining disciplined inventory management, and generating positive free cash flow to further strengthen our balance sheet through debt reduction.” For the thirteen weeks ended May 2, 2026: Net sales increased 2.8% to $256.1 million, compared to $249.1 million in the first quarter of fiscal year 2025. Performance was driven primarily by a 7.4% gain in Hunting and Shooting Sports, led by firearms, ammunition, and less-lethal personal protection, with some additional event-driven demand. Fishing rose 6.0%, driven by seasonal demands as customers prepared for the spring fishing season. Our other categories declined, reflecting continued pressure on the U.S. consumer. Gross profit was $75.8 million, or 29.6% of net sales, compared to $75.6 million, or 30.4% of net sales, in the first quarter of fiscal year 2025. The decrease, as a percentage of sales, was primarily driven by category mix. Selling, general, and administrative (“SG&A”) expenses were $93.9 million, or 36.7% of net sales, compared to $95.3 million, or 38.2% of net sales, in the first quarter of fiscal year 2025. The decrease in SG&A was primarily driven by decreased payroll expense as we emphasize disciplined cost control and lowe...

WEST JORDAN, Utah (AP) — WEST JORDAN, Utah (AP) — Sportsman's Warehouse Holdings Inc. (SPWH) on Tuesday reported a loss of $21.8 million in its fiscal first quarter. The West Jordan, Utah-based company said it had a loss of 56 cents per share. Losses, adjusted for non-recurring costs, were 39 cents per share. The outdoor sporting goods specialty retailer posted revenue of $256.1 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPWH at https://www.zacks.com/ap/SPWH

Interested in Sportsman's Warehouse Holdings, Inc.? Here are five stocks we like better. Sportsman’s Warehouse posted first-quarter net sales of $256.1 million, up 2.8% year over year, with same-store sales rising 2.1%. Management said strength in hunting, shooting sports and fishing helped offset weakness in camping and soft goods. E-commerce sales grew more than 6% as the company pushed its omnichannel strategy, including store pickup for regulated products and improvements to the online shopping experience. It also highlighted new brand partnerships and product-bundling efforts to boost traffic and conversions. Margins were pressured by product mix, with gross margin falling to 29.6% from 30.4% due largely to higher firearms and ammunition sales. Even so, the company reiterated its fiscal 2026 guidance and said it remains focused on inventory reduction, debt reduction and free cash flow. Sportsman’s Warehouse Trading Volume Spike Signals Opportunity Sportsman's Warehouse (NASDAQ:SPWH) reported higher first-quarter sales and reiterated its fiscal 2026 outlook, as management said strength in hunting, shooting sports and fishing offset continued pressure in camping and soft goods. On the company’s first-quarter 2026 earnings call, Chief Executive Officer Paul Stone said same-store sales rose just over 2% from a year earlier, building on 2% growth in the prior-year period. He said the results came despite “ongoing consumer macroeconomic pressure and higher fuel prices.” → Best Buy’s AI Laptop Boost Sparks Hope for a BBY Turnaround Academy Sports + Outdoors Looks Hot For A Summer Rebound Net sales for the quarter were $256.1 million, up 2.8% from $249.1 million in the same period last year, according to Chief Financial Officer Jennifer Fall Jung. Same-store sales increased 2.1%. Stone said first-quarter sales in the hunting and shooting sports department increased more than 7% from last year, helped by firearms and ammunition demand as well as the company’s Spring Range Days event. Fall Jung said comparable sales in hunting and shooting sports grew 6.3%, led by firearms, ammunition and less-lethal personal protection. → 3 Up-and-Coming Stocks That Could Be the Next NVIDIA Don’t Worry; Sportsman’s Warehouse Will Get Cheaper “While event-driven demand further supported sales of firearms and ammunition during the quarter, we will continue to strategically build o...

Outdoor specialty retailer Sportsman's Warehouse (NASDAQ:SPWH) will be reporting results this Tuesday after market hours. Here’s what you need to know. Sportsman's Warehouse met analysts’ revenue expectations last quarter, reporting revenues of $334.9 million, down 1.6% year on year. It was a slower quarter for the company, with a significant miss of analysts’ gross margin estimates and full-year EBITDA guidance missing analysts’ expectations. Is Sportsman's Warehouse a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Sportsman's Warehouse’s revenue to grow 1.5% year on year, in line with the 2% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Sportsman's Warehouse has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Sportsman's Warehouse’s peers in the specialty retail segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Dick's delivered year-on-year revenue growth of 62.7%, beating analysts’ expectations by 2.1%, and Bath and Body Works reported a revenue decline of 3.2%, topping estimates by 1.2%. Dick's traded down 2.9% following the results while Bath and Body Works was up 14.8%. Read our full analysis of Dick’s results here and Bath and Body Works’s results here. There has been positive sentiment among investors in the specialty retail segment, with share prices up 4.2% on average over the last month. Sportsman's Warehouse’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $2.92 (compared to the current share price of $1.36). WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

WEST JORDAN, Utah, May 19, 2026 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. ("Sportsman's Warehouse" or the "Company") (Nasdaq: SPWH) today announced that it will hold its quarterly conference call to discuss first quarter 2026 financial results on Tuesday, June 2, 2026, at 5:00 p.m. Eastern Time. A live audio webcast of the conference call will be available on the Company’s investor relations website at http://investors.sportsmans.com/. A replay of the webcast will be available within two hours of the conclusion of the call through June 9, 2026, and can be accessed on the Company’s investor relations website. About Sportsman's Warehouse Sportsman's Warehouse is an outdoor specialty retailer focused on meeting the everyday needs of the seasoned outdoor veteran, the first-time participant, and everyone in between. We provide outstanding gear and exceptional service to inspire outdoor memories. For press releases and certain additional information about the Company, visit the Investor Relations section of the Company's website at www.sportsmans.com. Investor Contact:Sportsman’s WarehouseRiley TimmerVice President, Strategic Programs & Investor Relations (801) [email protected]

Download the Complete Report Here Key Takeaways PEW delivered $25.9 million of 1Q26 revenue, up 11.1% y/y and ahead of Street estimates of $24.5 million. Continues outperforming the broader firearms market, with firearm sales growth materially ahead of Adjusted NICS trends as digital execution and AI-driven pricing supported ongoing market share gains. Expanded PEW Logistics during 1Q26 with the addition of Derya Arms, further validating early manufacturer adoption. Shoot & Subscribe now contributes 15% of ammo revenue, adding an early recurring revenue layer to PEW’s platform. Valuation remains compelling, with ~$90 million market cap below $106.4 million cash and a negative enterprise value. 1Q26 revenue beat reinforces PEW’s share-gain story as platform execution outpaced broader industry demand. PEW reported 1Q26 revenue of $25.9 million, up 11.1% y/y from $23.3 million, and ahead of Street estimate of $24.5 million by $1.4 million, or 5.8%. This was another quarter of meaningful outperformance, as firearms sales increased 10.5% y/y while adjusted NICS background checks increased only 1.6% over the same period. Management noted that demand remained stable month by month during the quarter and did not show major spikes from geopolitical events, suggesting that topline growth was primarily driven by execution rather than one-time demand pull-forward. Firearms remain the primary growth driver, while non-firearms returned to growth despite broader ammunition softness. Firearms product sales increased 10.5% y/y to $21.7 million, supported by market share gains, favorable product mix, and pricing optimization. Non-firearms product sales increased 10.4% y/y to $4.1 million despite continued softness in ammunition demand across the broader 2A industry. Service sales contributed $0.1 million as PEW Logistics began generating revenue during the quarter. The return to growth in non-firearms is notable because it broadens the revenue base beyond firearms and suggests that accessories, ammunition, and service-related categories can contribute to growth even in a softer category environment. Customer KPIs continue to validate PEW’s platform model and mobile-first strategy. Customer lifetime value increased 4.2% y/y to $906, while total site traffic increased 12.6% y/y. Mobile remained the dominant channel, accounting for approximately 67% of site traffic, 70% of trans...

Looking back on specialty retail stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Sportsman's Warehouse (NASDAQ:SPWH) and its peers. Some retailers try to sell everything under the sun, while others—appropriately called Specialty Retailers—focus on selling a narrow category and aiming to be exceptional at it. Whether it’s eyeglasses, sporting goods, or beauty and cosmetics, these stores win with depth of product in their category as well as in-store expertise and guidance for shoppers who need it. E-commerce competition exists and waning retail foot traffic impacts these retailers, but the magnitude of the headwinds depends on what they sell and what extra value they provide in their stores. The 8 specialty retail stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 0.7% while next quarter’s revenue guidance was in line. While some specialty retail stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.9% since the latest earnings results. A go-to destination for individuals passionate about hunting, fishing, camping, hiking, shooting sports, and more, Sportsman's Warehouse (NASDAQ:SPWH) is an American specialty retailer offering a diverse range of active gear, equipment, and apparel. Sportsman's Warehouse reported revenues of $334.9 million, down 1.6% year on year. This print was in line with analysts’ expectations, but overall, it was a slower quarter for the company with a significant miss of analysts’ gross margin estimates and full-year EBITDA guidance missing analysts’ expectations. “We are pleased with our improved fourth quarter finish and full-year performance, which exceeded our revised guidance following our third quarter of 2025, and reflects the meaningful progress we are making against our strategic initiatives,” said Paul Stone, Chief Executive Officer of Sportsman’s Warehouse. Interestingly, the stock is up 9.9% since reporting and currently trades at $1.55. Read our full report on Sportsman's Warehouse here, it’s free. Spun off from L Brands in 2020, Bath & Body Works (NYSE:BBWI) is a personal care and home fragrance retailer where consumers can find specialty shower gels, scented candles for the home, and lotions. Bath and Body Works reported revenues of $2.72 billion, down 2.3% year on year, outperformi...

Sportsman's Warehouse’s fourth quarter results prompted a negative market reaction, with management highlighting external factors and strategic shifts as key drivers. CEO Paul Stone cited a pressured holiday season, noting, “sales softened, driven by external factors, including the government shutdown and weaker-than-expected Black Friday and Cyber Week performance.” To address these challenges, the company pivoted to a more promotional strategy, which ultimately helped reverse declining trends and drove positive sales momentum late in the quarter. The quarter’s outcome also reflected strong performance in core pursuits such as hunting, shooting sports, and personal protection, while discretionary categories like camping and softlines remained under pressure. Is now the time to buy SPWH? Find out in our full research report (it’s free). Revenue: $334.9 million vs analyst estimates of $334.9 million (1.6% year-on-year decline, in line) Adjusted EPS: -$0.10 vs analyst estimates of -$0.10 (in line) Adjusted EBITDA: $9.56 million vs analyst estimates of $9.56 million (2.9% margin, in line) EBITDA guidance for the upcoming financial year 2026 is $33 million at the midpoint, below analyst estimates of $33.83 million Operating Margin: -0.2%, down from 1.2% in the same quarter last year Same-Store Sales fell 1.8% year on year (-0.5% in the same quarter last year) Market Capitalization: $50.45 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Matt Koranda (ROTH Capital): Asked about near-term demand trends and the strength of core categories. CFO Jennifer Fall Jung explained that firearms and ammunition, influenced by external events, have been the primary growth drivers, while fishing is expected to contribute positively as seasonal trends improve. Matt Koranda (ROTH Capital): Probed for details about EBITDA improvement given flat comp guidance and margin pressures. Fall Jung noted that margin recovery will rely on category mix improvement, particularly as fishing rebounds after a weak ice fishing season, and ongoing SG&A cost control. Matt Koranda (ROTH Capital): Requested insight on inventory efficiency and the impa...

Outdoor specialty retailer Sportsman's Warehouse (NASDAQ:SPWH) met Wall Street’s revenue expectations in Q4 CY2025, but sales fell by 1.6% year on year to $334.9 million. Its non-GAAP loss of $0.10 per share was in line with analysts’ consensus estimates. Is now the time to buy SPWH? Find out in our full research report (it’s free). Revenue: $334.9 million vs analyst estimates of $334.9 million (1.6% year-on-year decline, in line) Adjusted EPS: -$0.10 vs analyst estimates of -$0.10 (in line) Adjusted EBITDA: $9.56 million vs analyst estimates of $9.56 million (2.9% margin, in line) EBITDA guidance for the upcoming financial year 2026 is $33 million at the midpoint, below analyst estimates of $33.83 million Operating Margin: -5.6%, down from 1.4% in the same quarter last year Same-Store Sales fell 1.8% year on year (-0.5% in the same quarter last year) Market Capitalization: $54.26 million Sportsman's Warehouse’s fourth quarter results prompted a negative market reaction, with management highlighting external factors and strategic shifts as key drivers. CEO Paul Stone cited a pressured holiday season, noting, “sales softened, driven by external factors, including the government shutdown and weaker-than-expected Black Friday and Cyber Week performance.” To address these challenges, the company pivoted to a more promotional strategy, which ultimately helped reverse declining trends and drove positive sales momentum late in the quarter. The quarter’s outcome also reflected strong performance in core pursuits such as hunting, shooting sports, and personal protection, while discretionary categories like camping and softlines remained under pressure. Looking ahead, management’s guidance for 2026 is shaped by cautious optimism and continued focus on core categories. CFO Jennifer Fall Jung emphasized that while external event-driven demand in personal protection and ammunition is providing a near-term boost, the U.S. consumer remains under pressure, with rising fuel costs and macroeconomic uncertainty influencing discretionary spending. Management is banking on the expansion of its loyalty program, upgrades to the omnichannel fishing experience, and further inventory discipline to drive profitable growth. Fall Jung noted, “Our priorities for 2026 are driving profitable comp store sales growth through the execution of our strategic initiatives, managing our inventory...