Sportsman's Warehouse Q2 sales $309.5M (-11.8%), net loss $3.3M

SPORTSMAN'S WAREHOUSE HOLDINGS, INC.

2023-Q2 EPS reported -$0.50 revenue$577,024,000

Net sales $309.5M, down 11.8% YoY; same-store sales decreased 16.1%.
Gross profit $100.8M (32.6% margin) vs $117.5M (33.5%) a year ago.
Net loss $3.3M vs net income $14.6M; adjusted net loss $1.6M vs adj. net income $15.1M.
Interim CEO cites macro headwinds, cost reduction actions, and ongoing CEO search.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SPORTSMAN'S WAREHOUSE HOLDINGS, INC. reported thirteen weeks ended July 29, 2023 results: revenue $309.5 million, net income $(3.3) million.

Period: thirteen weeks ended July 29, 2023
Revenue: $309.5 million
Net income: $(3.3) million
Result: reported results

Exact text from the filing

are pleased with the quality and experience we are seeing in the candidates and expect to fill the position soon.” For the thirteen weeks ended July 29, 2023: • Net sales were $309.5 million, compared to $351.0 million in the second quarter of fiscal year 2022, a decrease of 11.8%. This net sales decrease was primarily due to lower demand across all product

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Source: SEC EDGAR

accession 0000950170-23-046734

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