Sportmans Warehouse (SPWH) Tops Q1 EPS by 2c; Comps Fell 2.2%

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Sportsman's Warehouse Holdings, Inc. Announces First Quarter 2016 Financial Results

May 24, 2016 4:01 PM EDT

MIDVALE, Utah, May 24, 2016 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. ("Sportsman's" or the Company) (Nasdaq: SPWH) today announced financial results for the thirteen weeks ended April 30, 2016.

For the thirteen weeks ended April 30, 2016:

Net sales increased by 9.0% to $151.6 million from $139.2 million in the first quarter of fiscal year 2015. Same store sales decreased by 2.2% over the same period.   Income from operations increased to $2.4 million from $1.2 million in the first quarter of fiscal year 2015. Adjusted income from operations, which excludes expenses related to the Companys secondary offering in... More