Business
Sportsman’s Warehouse Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2025 Financial Results
Full year same store sales growth of 1%Decreased inventory by $29.1 million or 8.5%; reduced net debt by 6.1%Provides full year 2026 outlook WEST JORDAN,
About this update from Sportsman's Warehouse Holdings, Inc.
[{"type":"text","content":"Full year same store sales growth of 1%Decreased inventory by $29.1 million or 8.5%; reduced net debt by 6.1%Provides full year 2026 outlook WEST JORDAN, Utah, March 31, 2026 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. (“Sportsman's Warehouse” or the “Company”) (Nasdaq: SPWH) today announced financial results for the thirteen and fifty-two weeks ended January 31, 2026. “We are pleased with our improved fourth quarter finish and full-year performance, which exceeded our revised guidance following our third quarter of 2025, and reflects the meaningful progress we are making against our strategic initiatives,” said Paul Stone, Chief Executive Officer of Sportsman’s Warehouse. “In 2025, we returned to positive same store sales growth for the first time since 2020, while also strengthening our balance sheet, improving inventory productivity, and generating positive free cash flow.” “Our team executed with discipline throughout the year—refining our assortment, improving in-stock levels in key categories, and leaning into higher-growth areas such as Fishing and Personal Protection,” continued Stone. “These efforts are driving stronger customer engagement, improved inventory productivity, and a more efficient operating model. While the consumer environment remains pressured and we are approaching 2026 with appropriate caution, we are encouraged by the momentum in the business. With a stronger foundation in place, we believe we are well positioned to continue driving profitable growth and delivering long-term value for our shareholders.” For the thirteen weeks ended January 31, 2026: Net sales were $334.9 million, a decrease of 1.6%, compared to $340.4 million in the fourth quarter of fiscal year 2024. Performance was driven by a 6.2% gain in Hunting and Shooting Sports, led by firearms, ammunition, and less-lethal personal protection, with some additional event-driven demand. Fishing rose 3.2%, despite unseasonably warm weather in the Western U.S., which negatively affected ice fishing sales. Our other categories declined, reflecting a more promotional environment, the impact of the government shutdown, and continued pressure on the U.S. consumer.Same store sales decreased 1.8% during the fourth quarter of fiscal year 2025, compared to the fourth quarter of fiscal year 2024, primarily as a result of the same factors noted ...