Company Performance - Sportsman's Warehouse reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of a loss of $0.08 per share, and showing improvement from a loss of $0.20 per share a year ago, representing an earnings surprise of 150% [1] - The company posted revenues of $340.4 million for the quarter ended January 2025, surpassing the Zacks Consensus Estimate by 2.87%, although this is a decline from year-ago revenues of $370.39 million [2] - Over the last four quarters, Sportsman's Warehouse has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Sportsman's Warehouse shares have declined approximately 62.8% since the beginning of the year, in contrast to the S&P 500's decline of 4.6% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.46 on revenues of $236.9 million, and for the current fiscal year, it is -$0.39 on revenues of $1.19 billion [7] Industry Outlook - The Retail - Apparel and Shoes industry, to which Sportsman's Warehouse belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Sportsman's Warehouse stock may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

Financial Performance - Q4 same store sales decreased by 0.5% on a comparable 13-week basis, an improvement from a decline of 12.8% in Q4 last year [2] - Q4 adjusted EBITDA was $14.6 million, significantly up from $5.3 million in Q4 last year [4] - Net sales for Q4 were $340.4 million, down 8.1% compared to $370.4 million in Q4 FY2023, primarily due to one less week of operations [4] - Gross profit for Q4 was $103.6 million, representing 30.4% of net sales, an increase from 26.8% in Q4 FY2023 [6] - For FY2024, net sales were $1,197.6 million, a decrease of 7.0% compared to $1,288.0 million in FY2023 [6] - Net sales for the fiscal year ended February 1, 2025, were $1,197,633, a decrease of $90,354 compared to $1,287,987 for the fiscal year ended February 3, 2024 [24] - Adjusted EBITDA for the fiscal year ended February 1, 2025, increased to $29.618 million, up from $24.575 million in the prior year, reflecting a year-over-year growth of approximately 20.8% [34] Expenses and Profitability - SG&A expenses decreased to $100.0 million, or 29.4% of net sales, down from $107.3 million or 29.0% of net sales in Q4 FY2023 [6] - Operating expenses decreased to $388,705, representing 32.5% of net sales, down from $408,750 or 31.7% of net sales in the prior year [24] - The company reported a net loss of $33,059 for the fiscal year ended February 1, 2025, compared to a net loss of $28,997 for the previous year [24] - For the fiscal quarter ended February 1, 2025, the net loss was $8.723 million, compared to a net loss of $8.739 million for the same quarter in 2024 [31] - Adjusted net loss income for the fiscal year ended February 1, 2025, was $20.208 million, an improvement from a loss of $24.064 million in the previous fiscal year [31] Cash and Liquidity - As of February 1, 2025, the company ended the year with net debt of $95.9 million and total liquidity of $131.1 million [14] - Cash and cash equivalents at the end of the period were $2,832, a decrease from $3,141 at the end of the previous fiscal year [26] - Total assets decreased to $852,102 as of February 1, 2025, down from $886,205 as of February 3, 2024 [26] Inventory and Payables - The company reported a decrease in merchandise inventories to $341,958 from $354,710 [26] - The company experienced a year-over-year increase in accounts payable, rising to $64,041 from $56,122 [26] Future Outlook - The company expects FY2025 net sales to range from a decrease of 1.0% to an increase of 3.5% [9] - Adjusted EBITDA for FY2025 is projected to be between $33 million and $45 million [9] - The company plans to open one new store in Surprise, Arizona during FY2025 [9] Interest and Legal Expenses - Interest expense for the fiscal year was $12,278, consistent with the previous year's expense of $12,869 [24] - Legal expenses for the fiscal year ended February 1, 2025, were $1.750 million, compared to $687 thousand in the previous year [34] Shareholder Information - The diluted weighted average shares outstanding increased to 38,045 thousand for the fiscal quarter ended February 1, 2025, compared to 37,457 thousand in the same quarter of 2024 [31] - The impact of adjustments to the numerator and denominator resulted in an adjusted diluted loss earnings per share of $0.04 for the fiscal quarter ended February 1, 2025, compared to a loss of $0.20 in the prior year [31] Executive Transition Costs - Executive transition costs amounted to $1.081 million for the fiscal year ended February 1, 2025, down from $4.763 million in the previous year [31] - The company did not incur any new store pre-opening expenses for the fiscal year ended February 1, 2025, while it incurred $5.8 million in the previous fiscal year [34] Non-Cash Adjustments - A non-cash valuation allowance of $10.1 million was created during fiscal year 2024 related to Deferred Tax Assets [35]

Financial Performance - Q4 same store sales decreased by 0.5% on a comparable 13-week basis, an improvement from a decline of 12.8% in Q4 last year [1][5] - Q4 adjusted EBITDA was $14.6 million, up from $5.3 million in Q4 last year [1][5] - Net sales for Q4 were $340.4 million, a decrease of 8.1% compared to $370.4 million in Q4 of fiscal year 2023, primarily due to the previous year having 14 weeks of operations [5][9] - Gross profit increased to $103.6 million or 30.4% of net sales, compared to $99.4 million or 26.8% of net sales in the same quarter last year [5][9] - SG&A expenses decreased to $100.0 million or 29.4% of net sales, down from $107.3 million or 29.0% of net sales in Q4 last year [5][9] Year-End Results - For the fiscal year ended February 1, 2025, net sales were $1,197.6 million, a decrease of 7.0% from $1,288.0 million in fiscal year 2023 [9][21] - Same store sales decreased by 7.8% during fiscal year 2024 compared to fiscal year 2023, excluding the extra week of sales in fiscal year 2023 [9][21] - The company ended the year with a net loss of $33.1 million, compared to a net loss of $29.0 million in fiscal year 2023 [9][21] - Adjusted EBITDA for the fiscal year was $29.6 million, compared to $24.6 million in fiscal year 2023 [9][21] Balance Sheet and Liquidity - As of February 1, 2025, the company had net debt of $95.9 million and total liquidity of $131.1 million [9][24] - Inventory decreased by $12.8 million compared to the end of the previous year, totaling $342.0 million [1][9] 2025 Outlook - The company expects net sales for fiscal year 2025 to range from a decrease of 1.0% to an increase of 3.5% and adjusted EBITDA to be between $33 million and $45 million [7][9] - Plans to open one new store in Surprise, Arizona during fiscal year 2025 [7][9] - The company anticipates a return to comparable same store sales growth in 2025, focusing on community connections and local market relevance [2][7]

Sportsman's Warehouse Holdings, Inc. SPWH will release its fourth-quarter financial results after the closing bell on Tuesday, April 1. Considering buying SPWH stock? Here's what analysts think: Read This Next: Craig-Hallum analyst Ryan Sigdahl maintained a Hold rating and cut the price target from $4 to $3 on Sept. 4, 2024. This analyst has an accuracy rate of 60%. Baird analyst Peter Benedict maintained a Neutral rating and slashed the price target from $4 to $2.5 on Sept. 4, 2024. This analyst has an acc ...

Core Viewpoint - Sportsman's Warehouse Holdings, Inc. will hold a quarterly conference call to discuss its fourth quarter and full-year 2024 financial results on April 1, 2025, at 5:00 p.m. Eastern Time [1]. Group 1: Conference Call Details - The conference call will be accessible via a live audio webcast on the Company's investor relations website [2]. - A replay of the webcast will be available within two hours after the call and can be accessed until April 8, 2025 [2]. Group 2: Company Overview - Sportsman's Warehouse is an outdoor specialty retailer catering to a diverse range of customers, from seasoned outdoor veterans to first-time participants [3]. - The Company aims to provide outstanding gear and exceptional service to inspire outdoor memories [3]. Group 3: Investor Relations Contact - The investor relations contact for Sportsman's Warehouse is Riley Timmer, VP of Investor Relations, who can be reached at (801) 304-2816 or via email at investors@sportsmans.com [4].

Core Viewpoint - Sportsman's Warehouse Holdings, Inc. will hold a quarterly conference call to discuss its fourth quarter and full-year 2024 financial results on April 1, 2025, at 5:00 p.m. Eastern Time [1]. Group 1 - A live audio webcast of the conference call will be available on the Company's investor relations website, with a replay accessible within two hours of the call's conclusion until April 8, 2025 [2]. - Sportsman's Warehouse is an outdoor specialty retailer catering to a diverse range of customers, from seasoned outdoor veterans to first-time participants, providing quality gear and exceptional service [3]. - For additional information and press releases, interested parties can visit the Investor Relations section of the Company's website [3]. Group 2 - Investor contact information is provided for inquiries, including the VP of Investor Relations, Riley Timmer, along with a contact number and email address [4].

Core Insights - Sportsman's Warehouse has launched an online purchasing option for suppressors through a partnership with Silencer Central, enhancing customer convenience and expanding product offerings [1][2][3] Company Overview - Sportsman's Warehouse Holdings, Inc. is a leading outdoor specialty retailer catering to a diverse range of outdoor enthusiasts, providing high-quality gear and exceptional service [4] Partnership Details - The partnership with Silencer Central allows customers in 42 states to purchase suppressors online, with Silencer Central managing the necessary paperwork and facilitating door-to-door delivery [2][3] - This initiative aims to simplify the purchasing process for suppressors, which has traditionally been complex, thereby enhancing customer experience [2][3] Market Position - Sportsman's Warehouse is recognized as one of the premier retailers of firearms and accessories in the United States, with a strong e-commerce platform that complements the new suppressor program [3]

Core Viewpoint - Sportsman's Warehouse has partnered with Silencer Central to allow customers to purchase suppressors online, streamlining the buying process and enabling home delivery [1][2][3] Group 1: Partnership Details - The partnership enables customers to shop for suppressors on the Sportsman's Warehouse website, with Silencer Central managing the necessary paperwork and delivery [1][2] - This program is available in 42 states where silencer ownership is permitted, enhancing the accessibility of suppressor sales [2] Group 2: Company Statements - Paul Stone, CEO of Sportsman's Warehouse, emphasized the partnership's role in expanding specialty product offerings and enhancing customer service [2] - Brandon Maddox, CEO of Silencer Central, highlighted the convenience of purchasing BANISH suppressors directly through Sportsman's Warehouse's ecommerce platform [3] Group 3: Company Overview - Sportsman's Warehouse is recognized as a premier retailer of firearms and accessories, catering to a diverse range of outdoor enthusiasts [4]

Core Viewpoint - Sportsman's Warehouse has announced an exclusive partnership with Byrna Technologies to create dedicated in-store and e-commerce shop-in-shops featuring Byrna's less-lethal personal protection solutions, enhancing customer experience and expanding market share in personal protection [1][2][3] Group 1: Partnership Details - The partnership will feature Byrna's patented launchers and provide customers with live-fire demo experiences in select Sportsman's Warehouse locations [1][2] - Sportsman's Warehouse will utilize its existing infrastructure, including archery lanes, to facilitate hands-on product demonstrations [2] - The collaboration aims to attract new customers and increase store traffic by leveraging Byrna's marketing channels and pro-Second Amendment influencers [2][3] Group 2: Market Strategy - The companies plan to quickly build dedicated Byrna sections in Sportsman's Warehouse stores, focusing on markets with high consumer interest in personal protection [2] - Byrna has reported an 80% conversion rate when customers demo their products live, indicating strong potential for sales growth through this partnership [3] - The partnership is positioned to enhance the overall in-store experience and meet the growing demand for less-lethal personal protection solutions [3]

Core Insights - Sportsman's Warehouse has appointed Jeff Dunn as the new Chief Merchandising Officer, effective immediately, to enhance its merchandising and private label development strategies [1][2] - Dunn brings over 35 years of experience in omni-channel merchandising, including 25 years at Walmart/Sam's Club, where he was responsible for various product categories [2][3] - The company aims to refine the customer experience for outdoor enthusiasts under Dunn's leadership, focusing on innovative merchandising strategies [2][3] Company Overview - Sportsman's Warehouse Holdings, Inc. is an outdoor specialty retailer catering to a wide range of customers, from seasoned veterans to first-time participants, providing exceptional gear and service [4]