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Article Date: May 2018
Word Count: 553

Sportsman’s Warehouse Q1 Boosted by Strong Firearms Sales


Citing market share gains as a result of competitors changing their gun sales policies as well as some pull forward buying in March after the Parkland shooting, Sportsman’s Warehouse hit the high end of its guidance with a loss of $5,828,000 against a loss of $4,507,000 for the 13 weeks ended May 5 as sales rose 15% to $180,059,000 from $156,898,000 on the strength of a 3.4% comp store gain and nine additional stores since the end of Q1 2017, including two opened this past Q1. The 2018 results included a one-time severance payment of $2.6 million for retired CEO ... Log in to view full article.

 


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