04:51 PM EDT, 06/04/2024 (MT Newswires) -- Sportsman's Warehouse (SPWH) reported a fiscal Q1 adjusted loss late Tuesday of $0.47 per diluted share, compared with a $0.39 loss a year earlier.

Three analysts polled by Capital IQ expected a loss of $0.37.

Net sales for the 13 weeks that ended May 4 were $244.2 million, down from $267.5 million a year earlier.

Analysts surveyed by Capital IQ expected $248.3 million.

Reaffirming its guidance for the full fiscal year, the company expects net sales of $1.15 billion to $1.23 billion. Analysts polled by Capital IQ expect $1.2 billion.

Shares of the company traded about 11% lower in after-hours activity.

Price: 3.4000, Change: -0.42, Percent Change: -10.99