Sportsman's Warehouse Holdings Inc (SPWH) Releases Earnings Results, Beats Expectations By $0.04 EPS

Sportsman's Warehouse Holdings Inc (SPWH) reported quarterly earnings results on Thursday, Aug-18-2016. The company said it had a profit of $0.20 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.16. The company posted revenue of $189.80 million in the period, compared to analysts expectations of $182.89 million. The company’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 EPS.

Many Wall Street Analysts have commented on Sportsman's Warehouse Holdings Inc. Shares were Reiterated by MKM Partners on May 23, 2016 to “Buy” and Lowered the Price Target to $ 13 from a previous price target of $15 .

Sportsman's Warehouse Holdings Inc closed down -0.24 points or -2.23% at $10.54 with 4,34,612 shares getting traded on Wednesday. Post opening the session at $10.78, the shares hit an intraday low of $10.43 and an intraday high of $10.99 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Jul 7, 2016, Kent Vernon Graham (director) purchased 5,000 shares at $8.97 per share price. According to the SEC, on Mar 23, 2016, Kevan P Talbot (CFO & Secretary) sold 1,489 shares at $13.50 per share price. On Mar 23, 2016, John V. Schaefer (President and CEO) sold 67,575 shares at $13.65 per share price, according to the Form-4 filing with the securities and exchange commission.

Sportsman’s Warehouse Holdings Inc. (Sportsman’s Warehouse) is an outdoor sporting goods retailer. The Company has around 56 stores across 18 states of the United States. Its stores are organized into seven departments including camping which offer backpacks camp essentials canoes and kayaks coolers and outdoor cooking equipment; clothing which offer camouflage outerwear sportswear and work wear; fishing which offer bait electronics fishing rods fly fishing and small boats; footwear which offers boots shoes socks sport sandals technical footwear and waders; hunting and shooting which offers ammunition archery items blinds and tree stands decoys and shooting gear; optics electronics and accessories which offer gift items global positioning system devices knives lighting optics and two-way radios and other which offer hunting and fishing licenses background checks and other services.

Sportsman's Warehouse Holdings Inc

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