Sportsman’s Warehouse(SPWH)
Search documents
These Analysts Slash Their Forecasts On Sportsman's Warehouse After Q3 Results
Benzinga· 2025-12-05 18:19
Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) reported in-line earnings for the third quarter on Thursday.The company posted quarterly earnings of 8 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $331.323 million which beat the analyst consensus estimate of $331.120 million.Sportsman’s Warehouse said it now expects FY25 net sales to be flat to up slightly and anticipates adjusted EBITDA to be in the range of $22 million-$26 million.“This quarter we deliv ...
Crude Oil Moves Higher; Domo Shares Plunge - DigitalBridge Gr (NYSE:DBRG), Domo (NASDAQ:DOMO)
Benzinga· 2025-12-05 17:30
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 0.2% on Friday.The Dow traded up 0.17% to 47,933.71 while the NASDAQ rose 0.16% to 23,543.03. The S&P 500 also rose, gaining, 0.15% to 6,867.40.Check This Out: Broadcom To Rally More Than 14%? Here Are 10 Top Analyst Forecasts For FridayLeading and Lagging SectorsCommunication services shares jumped by 0.9% on Friday.In trading on Friday, utilities stocks fell by 0.6%.Top HeadlineThe U.S. PCE price index increased 0.3 ...
Crude Oil Moves Higher; Domo Shares Plunge
Benzinga· 2025-12-05 17:30
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 0.2% on Friday.The Dow traded up 0.17% to 47,933.71 while the NASDAQ rose 0.16% to 23,543.03. The S&P 500 also rose, gaining, 0.15% to 6,867.40.Check This Out: Broadcom To Rally More Than 14%? Here Are 10 Top Analyst Forecasts For FridayLeading and Lagging SectorsCommunication services shares jumped by 0.9% on Friday.In trading on Friday, utilities stocks fell by 0.6%.Top HeadlineThe U.S. PCE price index increased 0.3 ...
Sportsman's Warehouse (SPWH) Earnings Transcript
Yahoo Finance· 2025-12-05 15:26
This is a category where we continue to refine and curate this assortment to complement the pursuits that drive customers into our stores. In fact, inventory in this category was down more than sales, highlighting greater efficiency with our inventory and investments in our key sales and traffic-driving categories. E-commerce was another bright spot, delivering growth of 8% in the quarter. Both ship-to-home and buy online pickup in-store performed well, with BOPUS continuing to drive traffic and improve con ...
Domo, Argan, Hewlett Packard Enterprise And Other Big Stocks Moving Lower In Friday's Pre-Market Session - Argan (NYSE:AGX), Chatham Lodging (NYSE:CLDT)
Benzinga· 2025-12-05 13:04
Group 1 - U.S. stock futures were mostly higher, with Nasdaq futures gaining around 100 points [1] - Domo Inc reported quarterly earnings of 1 cent per share, beating the analyst consensus estimate of a loss of 5 cents per share [2] - Domo's quarterly sales were $79.400 million, exceeding the analyst consensus estimate of $78.967 million [2] Group 2 - Domo shares fell 14.2% to $9.93 in pre-market trading following the earnings report and weak fourth-quarter sales guidance [2] - Sportsman's Warehouse Holdings Inc tumbled 18.8% to $1.99 in pre-market trading after reporting third-quarter results [4] - Argan Inc fell 11.6% to $315.00 in pre-market trading due to worse-than-expected third-quarter sales results [4] - Hewlett Packard Enterprise Co shares dipped 9.2% to $20.80 after mixed fourth-quarter financial results and weak first-quarter sales guidance [4] - SentinelOne Inc declined 8% to $15.61 after narrowing its FY26 sales guidance below estimates [4] - SoFi Technologies Inc fell 7.5% to $27.39 as the company announced pricing of a public offering of common stock [4] - Oklo Inc fell 6.6% to $104.30 after entering into an equity distribution agreement to offer up to $1.5 billion of common stock [4] - Docusign Inc fell 5.5% to $67.21 following third-quarter results [4] - Parsons Corp fell 5.3% to $80.00 in pre-market trading [4] - Chatham Lodging Trust fell 4.3% to $6.24 in pre-market trading [4]
Sportsman's Warehouse (SPWH) Q3 Earnings and Revenues Miss Estimates
ZACKS· 2025-12-04 23:26
Sportsman's Warehouse (SPWH) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this outdoor sporting goods specialty retailer would post a loss of $0.12 per share when it actually produced a loss of $0.12, delivering no surprise.Over the last ...
Sportsman’s Warehouse(SPWH) - 2026 Q3 - Earnings Call Transcript
2025-12-04 23:02
Financial Data and Key Metrics Changes - The company reported net sales of $331.3 million for Q3, an increase of 2.2% year-over-year, marking the third consecutive quarter of same-store sales growth at 2.2% [14][15] - Gross margin improved by 100 basis points to 32.8% compared to Q3 last year, driven by better product margins and lower freight expenses [15] - Adjusted net income for Q3 was $3 million, or $0.08 per diluted share, compared to $1.4 million, or $0.04 per diluted share in the same quarter last year [16] - Adjusted EBITDA grew 13% to $18.6 million, reflecting a 50 basis point improvement as a percentage of net sales [16] Business Line Data and Key Metrics Changes - The hunting and shooting sports department saw a 5.3% increase in sales, while fishing grew by 14.1% [14][15] - Apparel sales increased by 1.4%, but camping sales declined by high single digits, indicating challenges in that category [34][35] - E-commerce sales grew by 8%, with both ship-to-home and buy online pick up in store performing well [7] Market Data and Key Metrics Changes - The company experienced a slowdown in sales trends starting mid-October, attributed to external disruptions from a prolonged government shutdown impacting consumer confidence [11][12] - The promotional retail landscape remains competitive, necessitating increased marketing efforts to drive sales [19][21] Company Strategy and Development Direction - The company is focused on a transformation strategy that emphasizes inventory precision, local relevance, and personal protection categories [8][9] - Plans for 2026 include a customer acquisition strategy aimed at reducing reliance on promotions and shifting towards sustainable, profitable growth [10][21] - The company opened a new store in Surprise, Arizona, reflecting a disciplined growth approach and targeting long-term returns [10] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding Q4 due to macroeconomic headwinds and a pressured U.S. consumer, leading to a revision of full-year guidance [19][21] - Despite challenges, management remains confident in achieving lower inventory levels and positive free cash flow by year-end [12][19] Other Important Information - Total inventory at the end of Q3 was $424 million, a decrease of 3.2% year-over-year, with expectations to end the year with inventory less than $330 million [17][18] - The company paid down $13.2 million of debt during the quarter, ending with a total debt balance of $181.9 million [18] Q&A Session Summary Question: Recent sales trends during Black Friday and Cyber Monday - Management noted that sales trends remained negative through November, with no significant improvement post-government shutdown [24] Question: Margin management strategies for Q4 - The company plans to use existing inventory to drive sales while managing working capital effectively [25] Question: Impact of Florida Second Amendment Sales Tax Holiday - Management indicated that the holiday did not significantly impact their business [27] Question: Marketing spend in a challenging consumer environment - Increased marketing spend is necessary to remain competitive in a highly promotional landscape [32] Question: Camping department performance and future strategies - Camping sales were down high single digits, with inventory trends being managed closely [34][35] Question: Promotional strategies for Black Friday - The company was promotional but did not implement traditional doorbusters, adjusting strategies for December [40] Question: Inventory management by category - The company is focusing on driving sales in the hunting and shooting category, which is a significant traffic driver [43] Question: Margin profile of personal protection products - Personal protection products are accretive to margins, with a focus on expanding offerings [46]
Sportsman’s Warehouse(SPWH) - 2026 Q3 - Earnings Call Transcript
2025-12-04 23:00
Financial Data and Key Metrics Changes - The company reported net sales of $331.3 million for Q3 2025, an increase of 2.2% compared to the prior year [12] - Gross margin improved to 32.8%, a 100 basis point increase year-over-year, driven by better product margins and lower freight expenses [13][14] - Adjusted net income for Q3 was $3 million, or $0.08 per diluted share, compared to $1.4 million, or $0.04 per diluted share in the same quarter last year [15] - Adjusted EBITDA grew 13% to $18.6 million, improving by 50 basis points as a percentage of net sales [15] Business Line Data and Key Metrics Changes - Same-store sales grew 2.2% year-over-year, marking the third consecutive quarter of positive growth [12] - Hunting and shooting sports increased by 5%, while fishing saw exceptional growth of 14% [12][6] - Apparel sales grew by 1.5%, but camping sales declined due to its discretionary nature [6][12] Market Data and Key Metrics Changes - E-commerce sales grew by 8% in the quarter, with strong performance in ship-to-home and buy online pick up in store [6] - The company experienced a slowdown in sales trends starting mid-October, attributed to external disruptions from a prolonged government shutdown [10][11] Company Strategy and Development Direction - The company is focused on a transformation strategy that emphasizes inventory precision, local relevance, and personal protection [7][8] - Plans to open only one new store in 2025 and 2026, reflecting a disciplined growth approach [9] - The company aims to enhance customer acquisition strategies and reduce reliance on promotions for sustainable growth [9][19] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding Q4 due to macroeconomic headwinds and a pressured U.S. consumer [10][11] - The company anticipates modest sales growth for the full year despite challenges, with a focus on maintaining lower inventory and positive free cash flow [11][19] - Full-year guidance for net sales has been adjusted to be flat to slightly up, reflecting a tough Q4 environment [19] Other Important Information - Total inventory at the end of Q3 was $424 million, a decrease of 3.2% year-over-year [16] - The company paid down $13.2 million of debt during the quarter, ending with a total debt balance of $181.9 million [17] Q&A Session Summary Question: Recent sales trends during Black Friday and Cyber Monday - Management noted that negative sales trends persisted through November, with no significant improvement post-government shutdown [23] Question: Margin management strategies for Q4 - The company plans to use existing inventory to drive sales while managing working capital, aiming to avoid carrying aged inventory into 2026 [24] Question: Impact of Florida Second Amendment Sales Tax Holiday - Management indicated that the holiday did not significantly impact their business as it is not a major market for them [26] Question: Marketing spend in a challenging consumer environment - The company believes increased marketing is necessary to remain competitive, focusing on digital marketing and promotions [30] Question: Performance of the camping department - Camping sales were down high single digits, with inventory trends below sales trends, indicating an area for improvement [32][33] Question: Promotional environment during Black Friday - Management confirmed they were promotional but did not implement traditional doorbusters, adjusting strategy for December to drive foot traffic [38][39] Question: Inventory management by category - The company is focusing on driving sales in the hunting and shooting category, which is a significant traffic driver [42] Question: Margin profile of personal protection products - Personal protection products are performing well and are accretive to margins, attracting a different customer base [44]
Sportsman’s Warehouse(SPWH) - 2026 Q3 - Quarterly Report
2025-12-04 21:20
Financial Performance - Net sales for the thirteen weeks ended November 1, 2025, were $331.3 million, a 2.6% increase from $324.3 million for the same period in 2024[24] - Gross profit for the thirty-nine weeks ended November 1, 2025, was $278.3 million, compared to $266.9 million for the same period in 2024, reflecting a 4.3% increase[24] - The company reported a net loss of $28.3 million for the thirty-nine weeks ended November 1, 2025, compared to a net loss of $24.3 million for the same period in 2024[24] - For the thirty-nine weeks ended November 1, 2025, the company reported a net loss of $28,329,000 compared to a net loss of $24,336,000 for the same period in the previous year, representing an increase in loss of approximately 16.4%[32] - The Company recorded a consolidated net loss of $28,329 for the thirty-nine weeks ended November 1, 2025, compared to a loss of $24,336 in 2024[72] Assets and Liabilities - Total current assets increased to $445.9 million as of November 1, 2025, from $366.0 million as of February 1, 2025, representing a 22% increase[21] - Total liabilities rose to $704.3 million as of November 1, 2025, compared to $616.4 million as of February 1, 2025, indicating a 14.2% increase[21] - The company’s cash and cash equivalents decreased to $2.2 million as of November 1, 2025, down from $2.8 million as of February 1, 2025[21] - Cash and cash equivalents at the end of the period were $2,246,000, down from $2,666,000 at the end of the previous year[32] - Long-term debt increased from $24,067 in February 2025 to $44,007 in November 2025[74] Operating Expenses - Selling, general, and administrative expenses for the thirteen weeks ended November 1, 2025, were $104.5 million, up from $100.0 million in the same period of 2024, marking a 4.9% increase[24] - Operating lease expense for the thirteen weeks ended November 1, 2025, was $17,452, slightly up from $17,226 in 2024, and for the thirty-nine weeks, it increased from $51,385 to $52,114[65] - The company incurred $9,359,000 in interest expenses during the period, slightly up from $9,013,000 in the previous year[32] - The company’s stock-based compensation expense was $2,400,000 for the thirty-nine weeks ended November 1, 2025, down from $3,438,000 in the same period last year[32] Revenue Breakdown - Revenue from the Camping department decreased from 11.7% in 2024 to 10.4% in 2025 for the thirteen weeks ended, and from 12.5% to 11.3% for the thirty-nine weeks ended[56] - The Hunting and Shooting department accounted for 59.7% of net sales in the thirteen weeks ended November 1, 2025, up from 57.9% in 2024, and 57.2% compared to 56.2% for the thirty-nine weeks ended[56] Market Strategy - The company plans to focus on financial discipline and rigor in response to adverse macroeconomic conditions[16] - The company is exploring new market opportunities and plans to open additional stores in future periods[16] Legal Matters - The company is involved in various legal matters but management does not foresee any material impact on its financial condition or results of operations[113] - A class action lawsuit was filed against the company regarding compensation issues, which is currently being mediated[115] - Another class action lawsuit was filed concerning non-disclosure agreements related to salary information, which is also under mediation[116] Stock and Shares - The weighted average shares outstanding for basic earnings per share increased to 38.5 million for the thirteen weeks ended November 1, 2025, compared to 37.9 million for the same period in 2024[24] - The company did not meet fiscal year 2024 performance targets, resulting in the forfeiture of all shares as of February 1, 2025[107] - As of November 1, 2025, the company had a balance of 125 nonvested performance-based stock awards with a weighted average grant-date fair value of $2.84 per share[107] - During the 39 weeks ended November 1, 2025, the company issued 1,354 nonvested stock units at a weighted average grant date fair value of $1.52 per share[108] - The balance of outstanding nonvested stock units as of November 1, 2025, was 2,024 shares with a weighted average grant-date fair value of $2.54[110]
Sportsman’s Warehouse(SPWH) - 2026 Q3 - Quarterly Results
2025-12-04 21:10
Exhibit 99.1 Sportsman's Warehouse Holdings, Inc. Announces Third Quarter 2025 Financial Results Announces Opening of its Newest Store in Surprise, Arizona Same store sales increased 2.2% over last year; outperforms the Q3 Adjusted NICS data Gross margin up 100 basis points versus last year Updates its full year 2025 Outlook WEST JORDAN, Utah, December 4, 2025--Sportsman's Warehouse Holdings, Inc. ("Sportsman's Warehouse" or the "Company") (Nasdaq: SPWH) today announced financial results for the thirteen we ...