---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-009552"
form_type: "8-K"
ticker: "SPWH"
cik: "0001132105"
company_name: "SPORTSMAN'S WAREHOUSE HOLDINGS, INC."
filed_at: "2022-05-31T23:59:59+00:00"
generated_at: "2026-06-25T05:47:18.103496+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sportsman's Warehouse Q1 net income falls 81% YoY to $2M; same-store sales down 11.6%

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-22-009552
- form_type: 8-K
- ticker: SPWH
- cik: 0001132105
- company_name: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
- filed_at: 2022-05-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1132105/000155837022009552/0001558370-22-009552-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1132105/000155837022009552/spwh-20220527x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-009552
- JSON: https://secwatch.observer/filing/0001558370-22-009552.json
- Plain text: https://secwatch.observer/filing/0001558370-22-009552.txt

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