Sportsman's Warehouse Q1 EPS $(0.42) Misses $(0.29) Estimate, Sales $267.53M Miss $274.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sportsman's Warehouse reported Q1 losses of $(0.42) per share, missing the $(0.29) estimate by 44.83%. Sales were $267.53M, missing the $274.71M estimate by 2.61%. This represents a 940% decrease in earnings and a 13.56% decrease in sales compared to the same period last year.
May 30, 2023 | 8:08 pm
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NEGATIVE IMPACT
Sportsman's Warehouse Q1 earnings and sales missed estimates, with a 940% decrease in earnings and a 13.56% decrease in sales YoY.
Sportsman's Warehouse reported significant decreases in both earnings and sales compared to the same period last year, missing analyst estimates. This negative performance is likely to have a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100