Sportsman's Warehouse Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 30, 2022
September 01, 2022 at 04:05 pm EDT
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Sportsman's Warehouse Holdings, Inc. reported earnings results for the second quarter and six months ended July 30, 2022. For the second quarter, the company reported sales was USD 351.02 million compared to USD 361.78 million a year ago. Net income was USD 14.61 million compared to USD 17.72 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.4 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.4 a year ago.
For the six months, sales was USD 660.53 million compared to USD 688.77 million a year ago. Net income was USD 16.61 million compared to USD 28.17 million a year ago. Basic earnings per share from continuing operations was USD 0.39 compared to USD 0.64 a year ago. Diluted earnings per share from continuing operations was USD 0.38 compared to USD 0.63 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.