Sportsman's Warehouse Holdings, Inc. Provides Earnings Guidance for the Fiscal Fourth Quarter and Full Year of 2021
January 18, 2022 at 08:25 am EST
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Sportsman's Warehouse Holdings, Inc. provided earnings guidance for the fiscal fourth quarter and full year of 2021. For the fourth quarter of fiscal year 2021, the Company expects net sales and adjusted diluted earnings per share to be in the range of $405 million to $410 million and $0.43 to $0.48, respectively. This guidance includes a headwind in January comparable sales as the company anniversary the events of January 6, 2020 which drove significant demand in the company's firearms and ammunition categories. Net income to be in the range of $57,597,000 to $59,897,000. Diluted earnings per share to be $1.29 to $1.35.
For the full fiscal year 2021 the Company expects net sales and adjusted diluted earnings per share to be in the range of $1,495 million to $1,500 million and $1.66 to $1.71, respectively. Net income to be in the range of $107,633,000 to $109,933,000. Diluted earnings per share to be $2.42 to $2.47.
Sportsman's Warehouse Holdings, Inc. is an outdoor sporting goods retailer. The Company has an outdoor specialty store base in the Western United States and Alaska. The Companyâs stores are organized into six departments, which include camping; apparel; fishing; footwear; hunting and shooting, and optics, electronics, accessories, and other. Its camping department offers backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents and tools. Its apparel departments offer camouflage, jackets, hats, outerwear, sportswear, technical gear and work wear. The fishing departments offer bait, electronics, fishing rods, flotation items, fly fishing, lines, lures, reels, tackle and small boats. The footwear departments offer hiking boots, socks, sport sandals, technical footwear, trail shoes, casual shoes, waders and work boots. Optics, electronics, accessories, and other departments offer gift items, knives, lighting, optics, two-way radios, and more.
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. 
