Sportmans Warehouse (NASDAQ: SPWH) reported Q4 EPS of $0.25, $0.01 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $221.4 million versus the consensus estimate of $227.39 million.

For the thirteen weeks ended January 28, 2017:

• Net sales increased by 6.2% to $221.4 million from $208.5 million in the fourth quarter of fiscal year 2015. Same store sales decreased by 5.2% over the same period.
• Income from operations was $21.1 million compared to $22.1 million in the fourth quarter of fiscal year 2015.
• Interest expense decreased to $3.3 million from $3.6 million in the fourth quarter of fiscal year 2015.
• Net income was $10.5 million compared to $11.4 million in the fourth quarter of fiscal year 2015.
• Diluted earnings per share were $0.25 compared to $0.27 in the fourth quarter of fiscal year 2015.
• Adjusted EBITDA increased 0.8% to $26.4 million from $26.2 million in the fourth quarter of fiscal year 2015 (see "GAAP and Non-GAAP Measures").

John Schaefer, Chief Executive Officer, stated, "The retail environment remained challenging during the fourth quarter and we anniversaried both the San Bernardino tragedy and the executive orders from December and January which created a difficult comparison for our hunting and shooting category. For fiscal year 2016, we continued to strengthen our market share position with 11 new stores and a 10.4% revenue increase over the prior year, maintained flat gross margins in a promotional environment, and managed expenses, inventory and capital expenditures with discipline.”

Mr. Schaefer continued, “Looking at fiscal year 2017, we are taking a conservative approach when planning our hunting and shooting business, particularly for the first half of the year until we anniversary the unfortunate events that took place in Orlando in June 2016. That said, we will remain focused on our strategic initiatives of expanding our store base with 12 planned store openings, maximizing the potential of our loyalty program, enhancing our e-commerce platform, and investing in our store teams and leadership as evidenced by today’s announcement of Jon Barker’s appointment as President and Chief Operating Officer. Despite the choppy environment that we are navigating, we believe there is significant market share opportunity in the outdoor goods space, and our differentiated concept that is resonating with our customers will provide us with key competitive advantages that will allow us to further strengthen our market position and deliver profitable growth.”

For earnings history and earnings-related data on Sportmans Warehouse (SPWH) click here.