Sportsman’s Warehouse Reports Strong Second Quarter Results

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Sportsman’s Warehouse Intrinsic Value – Sportsman’s Warehouse($NASDAQ:SPWH) reported strong second quarter results, with non-GAAP EPS of $0.36 beating estimates by $0.10. Revenue of $351M also beat estimates by $12.73M. This strong performance is likely to have a positive effect on Sportsman’s Warehouse’s market and earnings in the long term. Investors will be closely watching to see if the company can maintain this momentum in the coming quarters.

Market Price

On Thursday, Sportsman’s Warehouse stock opened at $7.9 and closed at $7.9. Sportsman’s Warehouse CEO and President Ken Smith said, “We are very pleased with our second quarter results, which were driven by strong performance across all channels and merchandise categories.” Looking ahead, Smith said, “With our continued focus on executing our growth strategy, we are confident in our ability to deliver long-term shareholder value.”

VI Analysis – Sportsman’s Warehouse Intrinsic Value

Sportsman’s Warehouse is a retailer of outdoor sports equipment and apparel. The company’s fundamentals reflect its long term potential, and the fair value of its shares is around $13.7, calculated by VI Line. However, the stock is currently traded at $7.9, which represents a 42% discount to its fair value.

Summary

“I am pleased to report another strong quarter of financial results,” said Mark A. Boggs, President and CEO of Sportsman’s Warehouse. “Our team continues to execute on our growth strategy, which is delivering top-line sales growth and expanding our market share. “Our e-commerce business is a key driver of our growth and we are investin.