Sportsmans Warehouse (SPWH) Misses Q2 EPS by $1.05, provides guidance

Sportsmans Warehouse (NASDAQ: SPWH) reported Q2 EPS of ($1.14), $1.05 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $288.7 million versus the consensus estimate of $285.5 million.

GUIDANCE:

Sportsmans Warehouse sees FY2024 revenue of $1.13-1.17 billion, versus the consensus of $1.182 billion and adjusted EBITDA to be in the range of $20 million to $35 million. The low end of the adjusted EBITDA range still assumes positive free cash flow for the full year. The Company continues to expect capital expenditures for 2024 to be in the range of $20 million to $25 million, primarily consisting of technology investments relating to merchandising and store productivity. No new store openings for the remainder of fiscal 2024 are currently anticipated.

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

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