---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-080929"
form_type: "8-K"
ticker: "SPWH"
cik: "0001132105"
company_name: "SPORTSMAN'S WAREHOUSE HOLDINGS, INC."
filed_at: "2025-06-03T23:59:59+00:00"
generated_at: "2026-05-20T00:55:00.400556+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sportsman's Warehouse Q1 same-store sales up 2% (first positive in ~4 years); net loss widens to $21.3M

## Summary
- Net sales $249.1M (+2.0% YoY); same-store sales +2% vs -13.5% in Q1 last year.
- Net loss $(21.3)M vs $(18.1)M; adjusted net loss improved to $(15.6)M from $(17.8)M.
- Gross margin 30.4% (up 20 bps); SG&A as % of sales improved to 38.2% from 38.6%.
- Sales driven by Fishing and Hunting/Shooting Sports departments; core in-stock focus cited.
- Company reaffirms full-year 2025 guidance.

## SEC filing metadata
- accession: 0000950170-25-080929
- form_type: 8-K
- ticker: SPWH
- cik: 0001132105
- company_name: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
- filed_at: 2025-06-03T23:59:59+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/1132105/000095017025080929/0000950170-25-080929-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1132105/000095017025080929/spwh-20250603.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-080929
- JSON: https://secwatch.observer/filing/0000950170-25-080929.json
- Plain text: https://secwatch.observer/filing/0000950170-25-080929.txt

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