earnings
confidence high
sentiment neutral
materiality 0.70
Sportsman's Warehouse Q3 net sales $401M (+4% YoY); same-store sales down 1.5%; EPS $0.49 vs $0.68
SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
2021-Q3 EPS reported
$1.13
revenue$1,089,784,000
- Q3 net sales $401.0M (+4% YoY); same-store sales declined 1.5% YoY but +39.4% vs Q3 2019.
- Gross margin 32.3% vs 33.9% YoY, down 160 bps due to higher freight costs.
- Net income $21.9M ($0.49 diluted EPS) vs $30.5M ($0.68) prior year; adjusted EPS $0.51 vs $0.71.
- Received $55M termination fee from Great Outdoors Group; cash increased to $57.5M post-quarter.
- No Q4 or full-year guidance provided; opened 10 new stores in fiscal 2021.