Sportsman's Warehouse Q3 net sales $324.3M, down 4.8% YoY; adj. net income $1.4M

SPORTSMAN'S WAREHOUSE HOLDINGS, INC.

2024-Q3 EPS reported -$0.65 revenue$857,235,000

Net sales $324.3M, down 4.8% from $340.6M; same store sales decreased 5.7%.
Gross profit margin improved 150 bps to 31.8% on better apparel/footwear margins.
Net loss $(0.4)M compared to $(1.3)M prior year; adjusted net income $1.4M vs adjusted loss $(0.2)M.
CEO noted growth in fishing, camping, gift bar categories amid pressured consumer environment.

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