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Sportsman's Warehouse Fiscal Q3 Swings to Adjusted Earnings, Sales Decline; Fiscal Year Guidance Raised
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Sportsman's Warehouse Fiscal Q3 Swings to Adjusted Earnings, Sales Decline; Fiscal Year Guidance Raised
Dec 10, 2024 1:43 PM

04:28 PM EST, 12/10/2024 (MT Newswires) -- Sportsman's Warehouse (SPWH) reported a fiscal Q3 adjusted earnings late Tuesday of $0.04 per diluted share, compared with a $0.01 loss a year earlier.

Analysts polled by FactSet expected a loss of $0.02.

Net sales for the thirteen weeks that ended Nov. 2 were $324.3 million, down from $340.6 million a year earlier.

Analysts surveyed by FactSet expected $301.5 million.

For fiscal year, the company raised its net sales outlook to between $1.18 billion to $1.20 billion from the previous guidance of $1.13 billion to $1.17 billion. Analysts polled by FactSet expect $1.15 billion.

Shares of Sportsman's Warehouse traded 10.2% higher in after-hours activity.

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