Latest news with #SPWH
Washington Post
5 days ago
- Business
- Washington Post
Sportsman's Warehouse: Fiscal Q1 Earnings Snapshot
WEST JORDAN, Utah — WEST JORDAN, Utah — Sportsman's Warehouse Holdings Inc. (SPWH) on Tuesday reported a loss of $21.3 million in its fiscal first quarter. The West Jordan, Utah-based company said it had a loss of 56 cents per share. Losses, adjusted for non-recurring costs, were 41 cents per share.
San Francisco Chronicle
5 days ago
- Business
- San Francisco Chronicle
Sportsman's Warehouse: Fiscal Q1 Earnings Snapshot
WEST JORDAN, Utah (AP) — WEST JORDAN, Utah (AP) — Sportsman's Warehouse Holdings Inc. (SPWH) on Tuesday reported a loss of $21.3 million in its fiscal first quarter. The West Jordan, Utah-based company said it had a loss of 56 cents per share. Losses, adjusted for non-recurring costs, were 41 cents per share. The outdoor sporting goods specialty retailer posted revenue of $249.1 million in the period. _____
Yahoo
5 days ago
- Business
- Yahoo
Sportsman's Warehouse: Fiscal Q1 Earnings Snapshot
WEST JORDAN, Utah (AP) — WEST JORDAN, Utah (AP) — Sportsman's Warehouse Holdings Inc. (SPWH) on Tuesday reported a loss of $21.3 million in its fiscal first quarter. The West Jordan, Utah-based company said it had a loss of 56 cents per share. Losses, adjusted for non-recurring costs, were 41 cents per share. The outdoor sporting goods specialty retailer posted revenue of $249.1 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SPWH at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-04-2025
- Business
- Yahoo
Why Are Sportsman's Warehouse (SPWH) Shares Soaring Today
Shares of outdoor specialty retailer Sportsman's Warehouse (NASDAQ:SPWH) jumped 109% in the morning session after the company reported impressive fourth quarter 2024 results, which blew past analysts' revenue, EPS, and EBITDA expectations. The key highlight was the turnaround in same-store sales, which were essentially flat, a sharp recovery from the nearly 13% drop in the same quarter last year. The financial outlook was also encouraging as its full-year EBITDA guidance outperformed Wall Street's estimates. The broader retail environment remained challenging, but the company's focus on local and seasonal demand and a leaner inventory should provide a cushion. Zooming out, we think this quarter featured some important positives. The shares closed the day at $1.91, up 97.9% from previous close. Is now the time to buy Sportsman's Warehouse? Access our full analysis report here, it's free. Sportsman's Warehouse's shares are extremely volatile and have had 71 moves greater than 5% over the last year. But moves this big are rare even for Sportsman's Warehouse and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 4 months ago when the stock gained 29.4% on the news that the company reported a "beat and raise" quarter (Q3 2024). SPWH blew past analysts' revenue, EPS, and EBITDA expectations. For the full year, its revenue and EBITDA projections exceeded Wall Street's forecasts. These results stood out given management's acknowledgment of challenges, including rising prices, reducing shoppers' spending power, fewer store visits, and weaker demand across most product lines. Despite these challenges, the company found bright spots in fishing gear, camping equipment, and optics and accessories, which helped offset the broader declines. Zooming out, we think this was a solid "beat-and-raise" quarter. Sportsman's Warehouse is down 29.6% since the beginning of the year, and at $1.78 per share, it is trading 57.4% below its 52-week high of $4.18 from June 2024. Investors who bought $1,000 worth of Sportsman's Warehouse's shares 5 years ago would now be looking at an investment worth $309.35. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
02-04-2025
- Business
- Yahoo
Sportsman's Warehouse Holdings Inc (SPWH) Q4 2024 Earnings Call Highlights: Navigating ...
Net Sales: $340.4 million for Q4 2024, compared to $370.4 million in Q4 2023. Same Store Sales: Decreased 0.5% in Q4 2024. Adjusted EBITDA: $14.6 million for Q4 2024, compared to $5.3 million in Q4 2023. Net Loss: $8.7 million or $0.23 per diluted share for Q4 2024. Adjusted Net Income: $1.6 million or $0.04 per diluted share for Q4 2024. Gross Margin: 30.4% for Q4 2024, up from 26.8% in Q4 2023. Inventory: $342 million at the end of 2024, down from $354.7 million at the end of 2023. Liquidity: $131.1 million at the end of 2024. Net Debt Reduction: Reduced by $27 million in 2024. Fishing Department Sales: Up 10.3% in Q4 2024. Camping Department Sales: Up 5.2% in Q4 2024. Firearm Unit Sales: Increased mid-single digits in Q4 2024. Warning! GuruFocus has detected 9 Warning Signs with SPWH. Release Date: April 01, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) achieved a significant improvement in Q4 adjusted EBITDA, increasing from $5 million in the previous year to $15 million. The company successfully reduced its net debt by $27 million and ended the year with a liquidity of $131 million, an increase of $40 million compared to the previous year. SPWH's e-commerce sales grew by double digits, contributing to a stronger omnichannel strategy and increased online and in-store traffic. The company outperformed the adjusted NICS data in firearms sales, indicating a strong market position despite industry challenges. Fishing and camping departments saw growth, with fishing sales up by double digits, demonstrating effective inventory management and seasonal readiness. Q4 net sales declined by 0.9% compared to the same period last year, reflecting ongoing challenges in the retail environment. The company experienced a trade-down in firearms, with consumers opting for lower-priced options, which pressured sales dollars despite increased unit sales. Footwear and apparel categories faced declines, attributed to tough comparisons from the prior year's clearance events. SG&A expenses as a percentage of net sales increased to 29.4% from 29% in the previous year, indicating higher operational costs. The company reported a net loss of $8.7 million for Q4, consistent with the previous year, due to a $10.1 million valuation allowance related to deferred tax assets. Q: How have sales trends been in February and March, particularly in firearms and ammunition? A: Jeff White, CFO, noted that February saw positive sales trends, continuing from January. March trends were affected by a shift in holidays, with Easter falling in April, causing some large ads to be pushed back. However, overall trends remained positive through February. Q: Can you discuss the cadence of the year and the timing of store openings? A: Jeff White explained that Q1 might feel pressure due to a later start of spring, but Q2 and Q3 present opportunities, especially in fishing and hunting. A new store is planned to open at the end of Q3 or beginning of Q4. Q: How do you expect EBITDA to convert to free cash flow, and what opportunities exist for working capital efficiency? A: Jeff White stated that while no specific free cash flow guidance is provided, they expect positive free cash flow through increased profitability and inventory efficiency. The focus is on being seasonally ready and managing inventory flow effectively. Q: Is the trade-down environment in firearms an opportunity for market share gain? A: Jeff White confirmed that focusing on in-stock items and adjusting assortments to meet customer demand has helped outperform industry trends. Despite lower average unit prices, they maintain strong basket values through add-ons. Q: How is the e-commerce business performing, and what is its impact on overall profitability? A: Jeff White reported double-digit growth in e-commerce, now over 17% of total business, with a significant portion fulfilled in-store. This omnichannel approach enhances profitability by driving store traffic and increasing average order values. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
