Want to see SPWH full AI Analyst Report?
Net Sales by Segment
Breaks down Sportsman's Warehouse’s revenue by business line and channel (e.g., hunting, fishing, apparel, accessories, in-store vs online), revealing which products and channels drive growth and profit. Highlights dependence on seasonal or cyclical categories, the balance between higher-margin and low-margin sales, and where inventory or promotional risk is concentrated—key for judging durability of revenue, margin trends, and strategic priorities like e-commerce expansion.Sales are polarizing: Hunting & Shooting remains the dominant driver and, together with a multi-year rebound in Fishing, is stabilizing comps and e‑commerce traffic, while Camping and Apparel show deliberate softness from SKU pruning and seasonality. That favorable top‑line mix has paradoxically pressured gross margins due to higher penetration of lower‑margin firearms/ammo. Management’s inventory cuts and SG&A leverage reduce risk, but margin recovery and conversion of adjusted EBITDA improvements into GAAP profit and cash to pay down debt hinge on mix normalization, not just volume.
Date | Camping | Apparel | Fishing | Footwear | Hunting & Shooting | Optics, Electronics, Accessories & Other |
|---|---|---|---|---|---|---|
Jun 30, 2026 | $12.90 | $5.70 | $17.90 | $5.20 | $52.40 | $5.90 |
Mar 31, 2026 | $7.10 | $5.20 | $12.40 | $4.50 | $66.40 | $4.40 |
Dec 31, 2025 | $10.40 | $7.30 | $11.20 | $5.70 | $59.40 | $6.00 |
Nov 01, 2025 | $10.40 | $8.20 | $9.00 | $5.70 | $59.70 | $7.00 |
Sep 30, 2025 | $10.40 | $8.20 | $9.00 | $5.70 | $59.70 | $7.00 |
Aug 02, 2025 | $14.50 | $6.30 | $18.30 | $6.10 | $48.90 | $5.90 |
Jun 30, 2025 | $14.50 | $6.30 | $18.30 | $6.10 | $48.90 | $5.90 |
May 03, 2025 | $8.50 | $5.80 | $12.10 | $5.20 | $63.60 | $4.80 |
Mar 31, 2025 | $8.50 | $5.80 | $12.10 | $5.20 | $63.60 | $4.80 |
Feb 01, 2025 | $11.70 | $7.50 | $10.30 | $6.30 | $57.40 | $6.80 |