Sportsman's Warehouse Holdings, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2019
January 09, 2020 at 04:05 pm
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Sportsman's Warehouse Holdings, Inc. provided earnings guidance for the fourth quarter and fiscal year 2019. For the fourth quarter of fiscal year 2019, net sales are now expected to be in the range of $250 million to $254 million based on same stores sales in the range of down 7.0% to down 6.0% compared to the corresponding period of fiscal year 2018. Net income expected to be in the range of $7,250,000 to $9,050,000. Diluted earnings per share is expected to be in the range of $0.17 to $0.21.
For fiscal year 2019, net sales are now expected to be in the range of $878 million to $882 million, which represents 3.4% to 3.9% net sales growth year-over-year. The net sales expectations for fiscal year 2019 are based on same store sales in the range of down 1.7% to down 1.3% compared to fiscal year 2018. Net income expected to be in the range of $17,858,000 to $19,582,000. Diluted earnings per share is expected to be in the range of $0.41 to $0.45.
Sportsman's Warehouse Holdings, Inc. is an outdoor sporting goods retailer. The Company has an outdoor specialty store base in the Western United States and Alaska. The Companyâs stores are organized into six departments, which include camping; apparel; fishing; footwear; hunting and shooting, and optics, electronics, accessories, and other. Its camping department offers backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents and tools. Its apparel departments offer camouflage, jackets, hats, outerwear, sportswear, technical gear and work wear. The fishing departments offer bait, electronics, fishing rods, flotation items, fly fishing, lines, lures, reels, tackle and small boats. The footwear departments offer hiking boots, socks, sport sandals, technical footwear, trail shoes, casual shoes, waders and work boots. Optics, electronics, accessories, and other departments offer gift items, knives, lighting, optics, two-way radios, and more.
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. 
