The earnings call presented a balanced view with significant improvements in profitability, e-commerce growth, and fishing department performance, but also faced challenges such as a decline in net sales, trade-down in firearms, and increased SG&A expenses.
Company Guidance
During the Sportsman's Warehouse Fourth Quarter and Full Year 2024 Earnings Conference Call, key guidance metrics were highlighted, demonstrating the company's transformation progress and future strategies. For Q4, comparable sales decreased by 0.5%, a notable improvement from the 12.8% decline in the previous year, while adjusted EBITDA rose significantly to $15 million from $5 million. The company successfully reduced net debt by $27 million and improved liquidity by $40 million, ending the fiscal year with $131 million. Looking ahead to 2025, the company aims for same-store sales growth, improved gross margins, and further debt reduction. They plan to focus on core business areas, such as hunting and fishing solutions, which have shown robust potential, and personal protection, which currently represents 25% of total sales. Other strategic initiatives include enhancing local product offerings and strengthening brand awareness. The company forecasts fiscal 2025 net sales to range from a decline of 1% to an increase of 3.5%, with adjusted EBITDA expected between $33 million and $45 million. Capital expenditures are projected to be between $20 million and $25 million, primarily for technology investments.
Improved Financial Performance
Q4 adjusted EBITDA of $15 million versus $5 million in Q4 of last year, representing a nearly 300% increase. Net debt reduced by $27 million and liquidity increased by $40 million compared to the end of last year.
E-commerce Growth
E-commerce sales comped positive, up double digits in the quarter, contributing to higher traffic and transactions.
Strong Performance in Fishing Department
Fishing sales were up 10.3% on a 13-week comparable basis, driven by improvements in in-stock levels and SKU rationalization.
Positive Trends in Firearms Sales
Outpaced adjusted NICS data with firearm unit sales increasing mid-single digits in Q4 despite an industry decline.
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Sportsman's Warehouse (SPWH) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SPWH Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 01, 2025
$0.96
$1.91
+98.96%
Dec 10, 2024
$2.45
$2.84
+15.92%
Sep 03, 2024
$2.09
$2.23
+6.70%
Jun 04, 2024
$3.82
$3.34
-12.57%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sportsman's Warehouse (SPWH) report earnings?
Sportsman's Warehouse (SPWH) is schdueled to report earning on Jun 03, 2025, TBA Not Confirmed.
What is Sportsman's Warehouse (SPWH) earnings time?
Sportsman's Warehouse (SPWH) earnings time is at Jun 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.