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Stock impact report

Sportsman’s Warehouse Holdings, Inc. to Acquire Two Field & Stream Stores in Kentucky and Michigan

Sportsman's Warehouse Holdings, Inc. (SPWH) 
Last sportsman's warehouse holdings, inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.sportsmanswarehouse.com/node/5806
Company Research Source: GlobeNewswire
WEST JORDAN, Utah, March 17, 2020 (GLOBE NEWSWIRE) -- Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or “Sportsman’s”) (Nasdaq: SPWH), www.sportsmans.com, announced today that it has entered into agreements with DICK’S Sporting Goods, Inc. (“DICK’S”) (NYSE: DKS) to acquire two Field & Stream locations. The stores in Crescent Springs, Kentucky and Kalamazoo, Michigan will be rebranded as Sportsman’s Warehouse. The total purchase price of $5 million for inventory and assets will be funded through borrowings under Sportsman’s revolving credit facility. Sportsman’s will sublease the two locations from DICK’S. The transactions are expected to close in March, subject to customary closing conditions. The acquisitions are consistent with Sportsman’s growth strategy of opportunistically expanding its store footprint in strong markets with well-established customer bases. “The original acquisition of eight Field & Stream stores in October 2019 has proven to be a very g Show less Read more
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