---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-048518"
form_type: "8-K"
ticker: "SPWH"
cik: "0001132105"
company_name: "SPORTSMAN'S WAREHOUSE HOLDINGS, INC."
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T00:19:33.121622+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sportsman's Warehouse Q4 same-store sales -0.5% vs -12.8% YoY; Adj EBITDA $14.6M

## Summary
- Net sales $340.4M, down 8.1% vs 14-week Q4 last year; on 13-week basis -0.9%.
- Same-store sales improved to -0.5% from -12.8% in Q4 2023; company cites market share gains.
- Gross margin expanded to 30.4% from 26.8% due to better apparel/footwear margins.
- Adjusted net income $1.6M vs adjusted loss $(7.5M); net loss unchanged at $(8.7M).
- Reduced net debt $27.3M vs end of last year; inventory down $12.8M; liquidity $131.1M.

## SEC filing metadata
- accession: 0000950170-25-048518
- form_type: 8-K
- ticker: SPWH
- cik: 0001132105
- company_name: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1132105/000095017025048518/0000950170-25-048518-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1132105/000095017025048518/spwh-20250401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-048518
- JSON: https://secwatch.observer/filing/0000950170-25-048518.json
- Plain text: https://secwatch.observer/filing/0000950170-25-048518.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.