Sportsman's Warehouse Holdings, Inc. Announces First Quarter 2020 Financial Results
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Sportsman's Warehouse (SPWH) PT Raised to $15 at Piper Sandler Following 1Q Report
June 5, 2020 8:13 AM EDTPiper Sandler analyst Peter Keith raised the price target on Sportsman's Warehouse (NASDAQ: SPWH) to $15.00 (from $13.50) while maintaining a Overweight rating following the company's 1Q earnings report. EPS of $0.01 was above consensus of ($0.09). Comp of 29% was well above consensus of 17%. For Q1, firearms and ammo... More
Sportsmans Warehouse (SPWH) Tops Q1 EPS by 8c, Revenues Beat
June 4, 2020 4:10 PM EDTSportsmans Warehouse (NASDAQ: SPWH) reported Q1 EPS of $0.01, $0.08 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $246.8 million versus the consensus estimate of $224.35 million.
For the thirteen weeks ended May 2, 2020:
Net sales were $246.8 million, an increase of $72.8 million, or 41.8%, as compared to the first quarter of fiscal year 2019. The net sales increase was primarily due to a surge in demand for firearms, ammunition and to a lesser extent, other essential products, including water filtration, food preparation and dehydrated food, as well as strong growth in our... More