Sportsman's Warehouse Holdings, Inc. Reports Earnings Results for the First Quarter Ended April 29, 2023
May 30, 2023 at 04:14 pm EDT
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Sportsman's Warehouse Holdings, Inc. reported earnings results for the first quarter ended April 29, 2023. For the first quarter, the company reported sales was USD 267.53 million compared to USD 309.51 million a year ago. Net loss was USD 15.64 million compared to net income of USD 2 million a year ago.
Basic loss per share from continuing operations was USD 0.42 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.42 compared to diluted earnings per share from continuing operations of USD 0.05 a year ago.
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.