Sportsman’s Warehouse reports Q1 adjusted EPS (41c), consensus (47c)

Reports Q1 revenue $249.1M, consensus $238.25M. “In the first quarter we delivered our first positive same store sales comp in nearly four years, an indication that our transformation strategy continues to gain traction,” said Paul Stone, president and CEO of Sportsman’s Warehouse (SPWH). “Our focus on improving inventory precision, leaning into local expertise, executing our new digital-first marketing strategy, and establishing Sportsman’s as the authority in personal protection is driving meaningful progress across the business. By being in-stock in core items, while at the same time being locally and seasonally relevant and priced right with our merchandise, we can win back the trust and loyalty of our customers. While macroeconomic headwinds persist, we have confidence in our plan and the team’s ability to execute, positioning Sportsman’s for continued growth and financial improvement.”