earnings
confidence high
sentiment neutral
materiality 0.50
Sportsman's Warehouse Q2 net loss narrows to $4.4M; sales up 0.6% to $295.6M
SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
- Net sales $295.6M, up 0.6% YoY; same-store sales flat; Hunting & Shooting Sports up 6.7%.
- Net loss narrowed to $4.4M from $7.1M; adjusted net loss $3.1M vs $4.7M; diluted EPS -$0.11 vs -$0.18.
- Gross margin improved to 32.5% from 32.0%; SG&A down to 32.9% of sales from 33.1%.
- Inventory reduced $44.5M YoY; debt reduced $26M YoY; full-year 2026 guidance reaffirmed.
- Adjusted EBITDA $8.7M vs $8.3M; CEO cites progress on value proposition and in-stocks.