Sportsman’s Warehouse Sees Gun Demand Pick Up
SPWH is forecasting sales will inch down 2% to around $334.9 million from $340.4 million in the final quarter ended Jan. 31, as demand recovered in Jan. after a softer than expected Nov. and Dec. Gains were buoyed by the hunting and shooting sports category, which outperformed despite lower NSSF-adjusted NICS background checks. Adjusted EBITDA is expected to be around $9.6 million. SPWH plans to close five underperforming stores, taking an impairment charge in the quarter for leasehold improvements and ... Log in to view full article.