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Article Date: August 2018
Word Count: 415

Sportsman’s Warehouse Has Solid Q2 on Market Share Gains in Guns


Despite the negative impact of the western fires on its camping business, Sportsman’s Warehouse enjoyed a significant increase in its firearms business to post flat net income of $6,551,000 against $6,554,000 for the 13 weeks ended Aug. 4 on a 6% sales improvement to $203,288,000 from $191,493,000 that included a comp store gain of 0.2% overall. This year’s results included a $1.2 million charge net of tax related to financing fees that were written off on a since replaced term loan.

 

SPWH was very pleased with gun sales in the period, which rose 8.3% in the period against an environment when ... Log in to view full article.

 


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