Overview
Sportsmans Warehouse Q3 revenue grows 2.2% yr/yr, slightly beating analyst expectations
Adjusted EPS for Q3 improves, reflecting stronger product margins and inventory management
Company updates FY 2025 outlook
Outlook
Company expects FY 2025 net sales to be flat to slightly up
Sportsmans Warehouse anticipates FY 2025 adjusted EBITDA between $22 mln and $26 mln
Company plans FY 2025 capital expenditures under $25 mln
Result Drivers
CATEGORY PERFORMANCE - Strong sales in hunting, fishing, firearms, and personal protection categories drove Q3 results, per CEO Paul Stone
INVENTORY STRATEGY - Emphasis on inventory in-stocks and strategic focus on seasonal products boosted net sales
GROSS MARGIN IMPROVEMENT - Margin gains driven by healthier inventory and higher-margin fishing sales
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$331.32 mln
$331.12 mln (5 Analysts)
Q3 Gross Profit
$108.7 mln
Q3 Operating Income
$4.27 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
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 Sportsman's Warehouse Holdings Inc is $4.00, about 66% above its December 3 closing price of $2.41
Press Release: ID:nGNX50Ln0n
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(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.)