Sportmans Warehouse (SPWH) Misses Q1 EPS by 2c

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Sportsman's Warehouse Holdings, Inc. Announces First Quarter 2017 Financial Results

May 18, 2017 4:01 PM EDT

MIDVALE, Utah, May 18, 2017 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. ("Sportsman's" or the Company) (Nasdaq: SPWH) today announced financial results for the thirteen weeks ended April 29, 2017.

For the thirteen weeks ended April 29, 2017:

Net sales increased by 3.5% to $156.9 million from $151.6 million in the first quarter of fiscal year 2016. Same store sales decreased by 6.9% over the same period.   Income (loss) from operations was ($3.8) million compared to $2.4 million in the first quarter of fiscal year 2016. Adjusted income (loss) from operations, which excludes professional and other fees... More