Sportsman's Warehouse Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 28, 2023
December 07, 2023 at 02:35 am IST
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Sportsman's Warehouse Holdings, Inc. reported earnings results for the third quarter and nine months ended October 28, 2023. For the third quarter, the company reported sales was USD 340.57 million compared to USD 359.72 million a year ago. Net loss was USD 1.33 million compared to net income of USD 12.88 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.34 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to diluted earnings per share from continuing operations of USD 0.33 a year ago.
For the nine months, sales was USD 917.59 million compared to USD 1,020.25 million a year ago. Net loss was USD 20.26 million compared to net income of USD 29.49 million a year ago. Basic loss per share from continuing operations was USD 0.54 compared to basic earnings per share from continuing operations of USD 0.71 a year ago. Diluted loss per share from continuing operations was USD 0.54 compared to diluted earnings per share from continuing operations of USD 0.71 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.