Sportsman's Warehouse Holdings, Inc. Announces Second Quarter and First Half 2020 Financial Results

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Sportsman's Warehouse (SPWH) PT Raised to $22 at Lake Street Capital Markets

September 3, 2020 8:57 AM EDT

Lake Street Capital Markets analyst Mark Smith raised the price target on Sportsman's Warehouse (NASDAQ: SPWH) to $22.00 (from $18.00) while maintaining a Buy rating.

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Sportsmans Warehouse (SPWH) Tops Q2 EPS by 47c, Revenues Beat

September 2, 2020 4:06 PM EDT

Sportsmans Warehouse (NASDAQ: SPWH) reported Q2 EPS of $0.76, $0.47 better than the analyst estimate of $0.29. Revenue for the quarter came in at $381 million versus the consensus estimate of $286.06 million.

For the thirteen weeks ended August 1, 2020:

Net sales were $381.0 million, an increase of $169.2 million, or 79.9%, as compared to the second quarter of fiscal year 2019. The net sales increase was primarily due to a surge in demand across all major categories, led by our hunting and shooting category, as well as strong growth in our eCommerce platform compared to the prior year period. Same... More