Sportsmans Warehouse Reports Record Earnings and Revenue for Q3
April 13, 2023
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SPORTSMAN’S ($NASDAQ:SPWH): The company reported Non-GAAP earnings per share (EPS) of $0.33, which exceeded estimates by $0.04. Revenue for the period came in at $379.27 million, exceeding expectations by $0.7 million. Sportsmans Warehouse is a retail chain in the United States that sells sporting goods and apparel.
The company also has a strong online presence with its website and mobile app. Sportsmans Warehouse also offers rewards programs and discounts to customers, making it an attractive destination for sporting goods enthusiasts.
Stock Price
The company’s stock opened at $8.8 and closed at $8.3, a decrease of 4.9% from the prior closing price of $8.7. The company attributed its success to their strategy to meet the rise in demand for outdoor activities, like camping and fishing. The company is optimistic that its strategies will continue to bear fruit as they enter the fourth quarter of the year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sportsman’s Warehouse. More…
| Total Revenues | Net Income | Net Margin |
| 1.44k | 87.92 | 3.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sportsman’s Warehouse. More…
| Operations | Investing | Financing |
| 71.23 | -53.47 | -17.73 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sportsman’s Warehouse. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 925.36 | 642.05 | 7.52 |
Key Ratios Snapshot
Some of the financial key ratios for Sportsman’s Warehouse are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.2% | 20.5% | 8.4% |
| FCF Margin | ROE | ROA |
| 1.2% | 26.7% | 8.1% |
Analysis
At GoodWhale, we examined the financials of SPORTSMAN’S WAREHOUSE and provide an analysis on the aspects of risk. We rated SPORTSMAN’S WAREHOUSE a medium risk investment. Our analysis found two risk warnings within the balance sheet and financial journal. If you want to get a more detailed breakdown of our findings, you can register on goodwhale.com. Our website will provide you with a full report of our findings and how they can affect your decision-making when investing in SPORTSMAN’S WAREHOUSE. More…
Peers
Headquartered in Midvale, Utah, the company operates over 90 stores across the United States. Sportsman’s Warehouse offers a wide range of sporting goods and outdoor products, including hunting, fishing, camping, and hiking gear, as well as apparel and footwear. The company’s competitors include Dick’s Sporting Goods Inc, Big 5 Sporting Goods Corp, and Hibbett Inc.
– Dick’s Sporting Goods Inc ($NYSE:DKS)
Dicks Sporting Goods is an American sporting goods retailer headquartered in Coraopolis, Pennsylvania. The company was founded in 1948 by Richard “Dick” Stack. As of 2019, it operates more than 850 stores in 47 states. The company offers a wide range of products, including apparel, footwear, and equipment for sports and fitness activities.
– Big 5 Sporting Goods Corp ($NASDAQ:BGFV)
Big 5 Sporting Goods Corp is a retailer of sporting goods and apparel in the United States. The company has a market cap of 280.08M as of 2022 and a Return on Equity of 19.14%. The company operates stores under the Big 5 Sporting Goods, Big 5 Sporting Goods Outlet, and Big 5 Trading Post banners. The company offers a wide variety of products, including athletic shoes, apparel, and accessories, as well as a variety of outdoor and recreational equipment.
– Hibbett Inc ($NASDAQ:HIBB)
Hibbett, Inc. is a publicly traded company with a market capitalization of 780.18 million as of 2022. The company operates in the retail sector and focuses on selling sporting goods and apparel. Hibbett has a return on equity of 27.86%.
Summary
Sportsmans Warehouse recently reported earnings for the quarter, beating analyst expectations by $0.04 per share. Revenue also came in a positive surprise, beating estimates by $0.7M. Despite this, the stock price of Sportsmans Warehouse moved downwards on the same day. Investors should review the company’s financials to determine whether this was an outlier quarter or part of a larger trend that could impact future earnings.
Additionally, investors should consider the company’s competitive landscape and review management’s strategy for the future to make an informed investment decision.
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