Sportsman’s Warehouse reports Q4 adjusted EPS 33c, consensus 29c

Reports Q4 revenue $379.27M, consensus $380.01M. Same store sales decreased 12.5%. Jeff White, CFO of Sportsman’s Warehouse said, "While we believe outdoor participation remains strong, the macroeconomic environment and inflationary pressures are weighing on the consumer and their discretionary spending. Additionally, the unusually wet and cold weather in the western U.S., where a large portion of our stores are located, is creating a later than normal start to the spring shooting, fishing and camping seasons, negatively impacting our current business."