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Sportsman's Warehouse Fiscal Q4 Swings to Net Loss, Net Sales Drop -- Shares Rise After Hours
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Sportsman's Warehouse Fiscal Q4 Swings to Net Loss, Net Sales Drop -- Shares Rise After Hours
Apr 3, 2024 2:02 PM

04:32 PM EDT, 04/03/2024 (MT Newswires) -- Sportsman's Warehouse Holdings (SPWH) reported fiscal Q4 adjusted net loss Wednesday of $0.20 per diluted share, compared with earnings of $0.33 a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.30.

Net sales for the quarter ended Feb. 3 were $370.4 million, down from $379.3 million a year earlier. Four analysts surveyed by Capital IQ expected $372.6 million.

The company expects net sales in fiscal 2024 between $1.15 billion to $1.23 billion. Four analysts polled by Capital IQ expected $1.29 billion.

Sportsman's Warehouse shares were up more than 2% in after-hours activity.

Price: 3.2, Change: +0.07, Percent Change: +2.24

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