Despite reporting a 21% decline in net income to $6,554,000 from $8,304,000 for the 13 weeks ended Jul. 29 on a 1% increase in sales to $191,493,000 against $189,804,000 with comps down 9.0%, Sportsman’s Warehouse maintains a sunny outlook longer-term, noting that some 30% of its business is protected from online competitors because of the requirement for an in-person background check and its stores are primarily located in hunting-oriented markets which have not had the volatile swings of protection-oriented markets on the Coasts and Midwest. Although down against last year’s Orlando shooting, NICS checks remain historically high driven by new ... Log in to view full article.