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Stock impact report

Sportsman's Warehouse Holdings, Inc. Updates Guidance for Fourth Quarter and Fiscal Year 2019

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, Jan. 09, 2020 (GLOBE NEWSWIRE) -- Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s” or the “Company”) (Nasdaq: SPWH) today announced that the Company is updating its financial guidance for the fourth quarter and fiscal year 2019. Jon Barker, Chief Executive Officer, stated, “Our fourth quarter financial performance has been negatively impacted by temporary headwinds that were exacerbated by the shorter and more competitive holiday selling season. These headwinds were driven by key competitors discounting their firearm and ammunition inventory as they continue to de-emphasize or completely exit these categories, and difficult year-over-year sales comparisons due to legislative changes in Washington and California. These factors were more impactful to store traffic and sales than initially projected.  Our rigor in maintaining a disciplined approach in pricing and promotions in the face of these headwinds resulted in a shortfall versus our financial expectations f Show less Read more
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