Sportsman's Warehouse Q1 EPS Loss Beats Estimates and Revenue Hits $256.1M
SPWH•Sportsman's Warehouse reported Q1 EPS loss of $0.39 per share, beating estimates of $0.58 and improving from a $0.41 loss a year ago. Revenue rose 2.8% to $256.1 million, driven by over 7% growth in hunting and shooting sales.
1. Q1 Performance and Earnings Beat
Sportsman's Warehouse posted a first-quarter EPS loss of $0.39 per share, outperforming analyst estimates of a $0.58 loss and improving from a $0.41 loss in the same period last year. Revenue climbed 2.8% year-over-year to $256.1 million, surpassing the $252.3 million forecast.
2. Segment Growth and Financial Position
Robust demand in hunting and shooting categories drove over 7% growth, aided by the Spring Range Days event. Despite a negative price-to-earnings ratio of -1.09 indicating past net losses, the company holds a current ratio of 1.18, reflecting adequate short-term liquidity.
