secwatch.observer — SEC 8-K summary
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Issuer:     SPORTSMAN'S WAREHOUSE HOLDINGS, INC. (SPWH)
CIK:        0001132105
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0000950170-24-102813
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sportsman's Warehouse Q2 net sales down 6.7%, net loss widens to $5.9M; updates FY2024 guidance
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- Net sales $288.7M vs $309.5M YoY, down 6.7%; same-store sales down 9.8%.
- Gross margin fell to 31.2% from 32.6% due to shrink costs and markdowns.
- Net loss $(5.9)M vs $(3.3)M; adjusted net loss $(5.3)M vs $(1.6)M.
- SG&A decreased to $94.3M (32.7% of sales) from $102.3M (33.1%), improved efficiency.
- Company provides updated full year 2024 guidance (specifics not in excerpt).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1132105/000095017024102813/0000950170-24-102813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1132105/000095017024102813/spwh-20240903.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-102813

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer