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Article Date: March 2019
Word Count: 424

Sportsman’s Warehouse Net Jumps on Flat Q4 Sales


Net income increased 81% to $10,629,000 for the final quarter over $5,888,000 last year, as revenue decreased slightly to $242,683,000 from $243,165,000 due to the 53rd week of operations in 2017. Excluding the $10.6 million in sales in the 53rd week, Q4 2018 revenue increased by 4.4% or $10.2 million driven by a same store sales increase of 3.1% from the comparable prior year period.

 

Management reported firearms units across the company exceeded adjusted federal NICS background check data for Q4, firearm unit sales increased 0.3% versus a 5.1% decline in NICS data for the states the company serves. Ammunition sales ... Log in to view full article.

 


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