Sportsman’s Warehouse Holdings, Inc. reported that net sales increased 2.8 percent to $256.1 million for the thirteen weeks ended May 2, compared to $249.1 million in the prior-year Q1 period. Performance was said to be driven primarily by a 7.4 percent gain in Hunting and Shooting Sports, led by firearms, ammunition, and less-lethal personal protection, with some additional event-driven demand. Fishing reportedly rose 6.0 percent, driven by seasonal demands as customers prepared for the spring fishing season. Other categories declined, said to reflect continued pressure on the U.S. consumer.
Income Statement
13 Weeks Ended:
Fiscal Year 2026 Outlook
For fiscal year 2026, the company is reiterating its guidance and estimates same-store sales to be in the range of down 1.0 percent to up 2.0 percent and adjusted EBITDA to be in the range of $30 million to $36 million. The company said it also expects capital expenditures for 2026 to be in the range of $20 million to $25 million, primarily consisting of technology investments and general store maintenance. There are no new store openings planned for 2026.
See below for more comprehensive coverage of the retailer’s Q1 conference call with analysts and category details provided by company CEO Paul Stone:
EXEC: Sportsman’s Warehouse CEO Talks Q1 Category Details as Retailer Beats Estimates
