Sportsman's Warehouse Reports Q4 Preliminary Net Sales Of ~$334.9M, FY25 Net Sales Of ~$1.209B

Sportsman's Warehouse Holdings, Inc. ("Sportsman's Warehouse" or the "Company") (Nasdaq: SPWH) today announced preliminary results for the thirteen and fifty-two weeks ended January 31, 2026.

Preliminary Results for the Fourth Quarter and Full Fiscal Year 2026

For the fourth quarter ended January 31, 2026, the Company expects to report:

• Net sales of approximately $334.9 million, and same store sales of approximately $333.6 million.
• Adjusted EBITDA of approximately $9.6 million (see "Non-GAAP and Other Financial Measures").

For the fifty-two weeks ended January 31, 2026, the Company expects to report:

• Net sales of approximately $1,209.2 million, and same store sales of approximately $1,205.6 million. This is an expected increase of 1.0% and 1.0% respectively, compared to the prior year.
• Adjusted EBITDA of approximately $27.5 million (see "Non-GAAP and Other Financial Measures"). 
• Net debt of approximately $90.0 million, a decrease of 6.1%; ending inventory of approximately $312.9 million, a decrease of $29.1 million or 8.5% compared to the prior year; and total liquidity of approximately $107.8 million. The Company expects free cash flow for the full year to be approximately $7.6 million (see "Non-GAAP and Other Financial Measures").