Sportsman's Warehouse Reports Q1 Loss, Misses EPS Estimates Despite Sales Growth
SPWH sits 56% above its 52-week low of $1.08 on elevated volume (2.6× avg).
Summary
Sportsman's Warehouse reported a Q1 net loss that missed analyst expectations, despite achieving sales growth and reaffirming its full-year guidance.
Key Events · Earnings and Guidance · SPWH
-
Q1 Financial Results
Reported a net loss of $(21.8) million and diluted loss per share of $(0.56), missing analyst estimates of $(0.54) per share.
-
Sales Growth
Net sales increased 2.8% to $256.1 million, with same-store sales up 2.1% year-over-year, driven by hunting and shooting sports.
-
Cost Control & Inventory Management
SG&A expenses decreased, and inventory levels were reduced by over 6% year-over-year, reflecting efforts to improve efficiency.
-
Guidance Reaffirmed
The company reiterated its full-year 2026 guidance for same-store sales (down 1.0% to up 2.0%) and adjusted EBITDA ($30 million to $36 million).
Analysis · SPWH · Trade & Services
Sportsman's Warehouse reported a net loss of $21.8 million and a diluted loss per share of $(0.56) for Q1 2026, missing analyst estimates of $(0.54) per share. While net sales increased 2.8% and same-store sales grew 2.1%, and the company reaffirmed its full-year guidance, the continued net loss highlights ongoing profitability challenges for the company.
At the time of this filing, SPWH was trading at $1.68 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $55.3M. The 52-week trading range was $1.08 to $4.33. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.