Sportsman's Warehouse (SPWH) Tops Q1 EPS by 2c; Guides Q2, FY14
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Sportsman's Warehouse Holdings, Inc. Announces First Quarter 2014 Financial Results
June 10, 2014 4:01 PM EDTMIDVALE, Utah, June 10, 2014 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. (Nasdaq: SPWH) ("Sportsman's" or the "Company") today announced financial results for the thirteen weeks ended May 3, 2014.
For the thirteen weeks ended May 3, 2014:
Net sales decreased by 3.0% to $132.4 million from $136.5 million in the first quarter of fiscal 2013. Same store sales decreased by 18.1% primarily as a result of the decline in demand for firearms and ammunition. Same store sales in the first quarter of fiscal year 2013 increased by 20.8% compared to the first quarter of fiscal year 2012, fueled by the firearms and ammunition surge.... More