Business
Sportsman’s Warehouse Holdings, Inc. Announces First Quarter 2025 Financial Results
2% increase to Q1 same store sales, versus -13.5% in Q1 last yearSignificantly outperformed the Q1 adjusted NICS dataReaffirms full-year 2025 Guidance WEST JORDAN, Utah, June 03, 2025 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. (“Sportsman's Warehouse” or the “Company”) (Nasdaq: SPWH) today announced financial results for the thirteen weeks ended May 3, 2025. “In the first quarter we delivered our first positive same store sales comp in nearly four years, an indication that our tran
About this update from Sportsman's Warehouse Holdings, Inc.
[{"type":"image","alt":"Sportsman's Warehouse Holdings, Inc.","displaySize":"","headline":null,"caption":"Sportsman's Warehouse Holdings, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":137,"url":"https://media.zenfs.com/en/globenewswire.com/258c1576ab6d5b264c1d55999a96c13e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/71y1elMJDP4.Rg0293.lmg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE5MjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/258c1576ab6d5b264c1d55999a96c13e","width":300,"height":137}},"lazy":false},{"type":"text","content":"2% increase to Q1 same store sales, versus -13.5% in Q1 last yearSignificantly outperformed the Q1 adjusted NICS dataReaffirms full-year 2025 Guidance","length":152,"tagName":"p"},{"type":"text","content":"WEST JORDAN, Utah, June 03, 2025 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. (“Sportsman's Warehouse” or the “Company”) (Nasdaq: SPWH) today announced financial results for the thirteen weeks ended May 3, 2025.","length":231,"tagName":"p"},{"type":"text","content":"“In the first quarter we delivered our first positive same store sales comp in nearly four years, an indication that our transformation strategy continues to gain traction,” said Paul Stone, President and Chief Executive Officer of Sportsman’s Warehouse. “Our focus on improving inventory precision, leaning into local expertise, executing our new digital-first marketing strategy, and establishing Sportsman’s as the authority in personal protection is driving meaningful progress across the business. By being in-stock in core items, while at the same time being locally and seasonally relevant and priced right with our merchandise, we can win back the trust and loyalty of our customers. While macroeconomic headwinds persist, we have confidence in our plan and the team’s ability to execute, positioning Sportsman’s for continued growth and financial improvement.”","length":869,"tagName":"p"},{"type":"text","content":"For the thirteen weeks ended May 3, 2025:","length":41,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales increased 2.0% to $249.1 million, compared to $244.2 million in the first quarter of fiscal year 2024. The net sales increase was primarily due to increased sales in our Fishing and Hunting and Shooting Sports departments as we continue the empha...