Brief: Sportsmans Warehouse Q2 Gross Profit USD 93.949 Million

Sportsmans Warehouse Holdings

04/09/2025 21:05

Overview

The outdoor sporting goods retailer's Q2 revenue rises 1.8%, beating analyst expectations, per LSEG data

Same store sales increase 2.1% driven by Fishing and Hunting departments

Gross margin improves by 80 basis points to 32.0%

Sportsmans Warehouse Holdings Inc improves full-year 2025 sales outlook to flat to up 3.5%

Outlook

Company improves 2025 sales guidance to flat to up 3.5%

Sportsmans Warehouse reaffirms 2025 adjusted EBITDA of $33 mln to $45 mln

Company expects 2025 capital expenditures of $20 mln to $25 mln

Sportsmans Warehouse plans to open new store in November 2025

Result Drivers

SAME STORE SALES - Growth of 2.1% attributed to localized assortments and digital-first marketing, with strong performance in Alaska

FIREARMS BUSINESS - Outperformed industry trends, contributing to market share gains

GROSS MARGIN IMPROVEMENT - Driven by healthier inventory and increased sales in the higher-margin fishing department

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$293.90 mln
$291.60 mln (5 Analysts)
Q2 Net Income
-$7.08 mln
Q2 Gross Profit
$93.95 mln
Q2 Operating Income
-$3.22 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

Wall Street's median 12-month price target for Sportsmans Warehouse Holdings Inc is $3.00, about 12% above its September 3 closing price of $2.64

Press Release: ID:nGNXvlVnn

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)