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0 0.0319148936170213 0.0159574468085107 -0.0319148936170213 0.011968085106383 0.0106382978723404 0.0106382978723404 -0.0159574468085107
Stock impact report

Sportsman's Warehouse falls after pointing to lower demand across most product categories [Seeking Alpha]

Sportsman's Warehouse Holdings, Inc. (SPWH) 
Last sportsman's warehouse holdings, inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.sportsmanswarehouse.com/node/5806
Company Research Source: Seeking Alpha
The retailer said the sales decrease for the quarter that ended on August 3 was primarily due to lower demand across most product categories and a decline in store traffic resulting from the continued impact of consumer inflationary pressures on discretionary spending, partially offset by increased same store sales growth in our fishing department and the opening of six new stores since last year. Same store sales were down 9.8% in the quarter. Gross profit was 31.2% of sales, vs. 32.6% of sales a year ago. The decline was primarily driven by increased costs associated with shrink, and from seasonal markdowns within SPWH's camping and apparel departments to end the season with clean inventory. Sportsman's Warehouse ( SPWH ) generated adjusted EBITDA of $7.4 million vs. $10.9 million a year ago. EPS was -$0.14 vs. -$0.08 consensus and -$0.04 a year ago. On the balance sheet, Sportsman's Warehouse ( SPWH ) ended the quarter with net debt of $152.5 million and total liquidity of $9 Show less Read more
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