Sportsman's Warehouse Holdings, Inc. Announces Second Quarter 2019 Financial Results

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Sportsmans Warehouse (SPWH) Tops Q2 EPS by 1c, Revenues Beat; Provides 3Q & FY19 EPS/Revenue Guidance

August 28, 2019 4:11 PM EDT

Sportsmans Warehouse (NASDAQ: SPWH) reported Q2 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $211.8 million versus the consensus estimate of $207.43 million.

For the thirteen weeks ended August 3, 2019:

Net sales increased by 4.2% to $211.8 million from $203.3 million in the second quarter of fiscal year 2018 primarily due to new store openings and increased demand for firearms and ammunition due to legislative changes in some states in which the Company operates. Same store sales increased by 1.7% from the comparable prior year period. Income from operations was $9.8 million... More