Sportmans Warehouse (SPWH) Tops Q2 EPS by 1c, Offers Q3 & FY Guidance
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Sportsman's Warehouse Holdings, Inc. Announces Second Quarter 2015 Financial Results
August 27, 2015 4:01 PM EDTMIDVALE, Utah, Aug. 27, 2015 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. ("Sportsman's" or the "Company") today announced financial results for the thirteen weeks and twenty-six weeks ended August 1, 2015.
For the thirteen weeks ended August 1, 2015:
Net sales increased by 8.5% to $173.0 million from $159.5 million in the second quarter of fiscal 2014. Same store sales increased by 0.5%. Income from operations increased to $16.8 million from $12.3 million in the second quarter of fiscal 2014. Adjusted income from operations, which excludes the reversal of an accrual related to a litigation in the second quarter of 2015 (see "GAAP and Non-GAAP Measures"), was $12.8... More