Sportsman's Warehouse Q1 net sales up 2.8% to $256.1M; same-store sales +2.1%; net loss $21.8M

SPORTSMAN'S WAREHOUSE HOLDINGS, INC.

Net sales $256.1M (+2.8% YoY); same store sales +2.1% driven by Hunting & Shooting (+7.4%) and Fishing (+6.0%).
Gross profit $75.8M (29.6% of sales), down from 30.4%; SG&A $93.9M (36.7% of sales), improved from 38.2%.
Net loss $(21.8)M ($(0.56) diluted EPS) vs $(21.3)M ($(0.56)); adjusted net loss $(15.1)M ($(0.39)) vs $(15.6)M ($(0.41)).
Adjusted EBITDA loss $(8.1)M vs $(9.0)M; e-commerce sales grew >6% YoY.
Reaffirmed full-year 2026 guidance; focus on inventory management and debt reduction.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SPORTSMAN'S WAREHOUSE HOLDINGS, INC. reported the thirteen weeks ended May 2, 2026 results: revenue $256.1 million, net income $(21.8) million, EPS $(0.56). Guidance reaffirmed.

Period: the thirteen weeks ended May 2, 2026
Revenue: $256.1 million
Net income: $(21.8) million
EPS: $(0.56)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

and generating positive free cash flow to further strengthen our balance sheet through debt reduction.” For the thirteen weeks ended May 2, 2026: • Net sales increased 2.8% to $256.1 million, compared to $249.1 million in the first quarter of fiscal year 2025. Performance was driven primarily by a 7.4% gain in Hunting and Shooting Sports, led by firearms, ammunition,

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Source: SEC EDGAR

accession 0001193125-26-253505

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