earnings
confidence high
sentiment negative
materiality 0.75
Sportsman's Warehouse Q1 net income falls 81% YoY to $2M; same-store sales down 11.6%
SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
2022-Q1 EPS reported
$0.05
revenue$309,505,000
- Net sales $309.5M (-5.3%); same-store sales -11.6%; net income $2.0M ($0.05 EPS) vs $10.5M ($0.23).
- Adjusted EBITDA $12.9M vs $23.5M; adjusted diluted EPS $0.05 vs $0.28.
- Amended credit facility: capacity raised to $350M from $250M, maturity extended to May 2027.
- Q2 outlook: net sales $330-$350M, same-store sales down 10-16%, adjusted EPS $0.22-$0.30.