Sportsmans Warehouse (SPWH) Misses Q2 EPS by 11c; Lowers Outlook
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Sportsman’s Warehouse Holdings, Inc. Announces Second Quarter 2023 Financial Results
September 6, 2023 4:05 PM EDTWEST JORDAN, Utah, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. (Sportsman's Warehouse or the Company) (Nasdaq: SPWH) today announced financial results for the thirteen weeks ended July 29, 2023.
We were disappointed with our second quarter results and the slow-down in store traffic, as the challenging macroeconomic conditions continue to pressure consumer discretionary spending, said Joseph Schneider, interim CEO and Chair of the Board. Given results came in below our expectations, we are taking additional actions to reduce our overall expense structure to closer align with current sales trends. Additionally, we will be... More
