Sportsman's Warehouse (SPWH) Tops Q1 EPS by 2c; Guides Q2, FY14

Sportsman's Warehouse (NASDAQ: SPWH) reported Q1 EPS of ($0.05), $0.02 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $132.4 million versus the consensus estimate of $127.41 million.

Same store sales decreased by 18.1% primarily as a result of the decline in demand for firearms and ammunition. Same store sales in the first quarter of fiscal year 2013 increased by 20.8% compared to the first quarter of fiscal year 2012, fueled by the firearms and ammunition surge.

Sportsman's Warehouse sees Q2 2014 EPS of $0.09-$0.10, versus the consensus of $0.1. Sportsman's Warehouse sees Q2 2014 revenue of $154-157 million, versus the consensus of $155.8 million.

Sportsman's Warehouse sees FY2014 EPS of $0.47-$0.52, versus the consensus of $0.51. Sportsman's Warehouse sees FY2014 revenue of $665.0-675.0 million, versus the consensus of $669.85 million.

For earnings history and earnings-related data on Sportsman's Warehouse (SPWH) click here.

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