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SPWHSportsman's Warehouse Holdings, Inc.
$1.24$48M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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Income StatementBalance SheetCash FlowRatios & Margins
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SPWH logo

Sportsman's Warehouse Holdings, Inc.

SPWH
NASDAQ · Specialty Retail
$1.24
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$48M
P/E-1.0x
52W High$3.35
Volume238.34K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Persistent Operational Losses Threaten Retail Solvency

Sportsman's Warehouse faces a challenging outlook characterized by volatile revenue growth and a failure to achieve consistent operating leverage, as evidenced by a -6.8% operating margin in 2026Q1. The company's reliance on debt to fund operations has pushed ...

GrowthMixed
ProfitabilityNegative
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

SPWH price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

-105% Peers

P/E is 105% below peer median

03

Market leadership

RS 37 · Lag

Laggard (Underperforming 63% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Dec 1

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SPWH-15.07%
S&P 500 (^GSPC)+12.39%
1-Year Return
SPWH-61.01%
S&P 500 (^GSPC)+15.77%
3-Year Return
SPWH-64.77%
S&P 500 (^GSPC)+77.93%
5-Year Return
SPWH-92.99%
S&P 500 (^GSPC)+73.20%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-1.0x
Forward P/E
N/A
EV/EBITDA40th %ile
18.8x
FCF YieldCash Flow
18.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-1.0x
9.4x
0th· Low
EV/EBITDA
18.8x
19.0x
40th· Fair
Price/FCF
5.4x
5.9x
50th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$1.21B+1.0% YoY
Net income
-$50M-51.4% YoY
Free cash flow
$9M-54.7% YoY
Operating margin
-1.2%+0.4 pts YoY
ROIC (TTM)-1.6%
Avg ROIC 5Y-
ROE (TTM)-23.6%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate4/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Sep 1, 2026
-$0.08+33.3%
vs -$0.12
$296M+0.2%
vs $295M
Q3 2026
Jun 2, 2026
-$0.39+32.8%
vs -$0.58
$256M+1.5%
vs $252M
Q2 2026
Mar 31, 2026
-$0.10-11.1%
vs -$0.09
$335M-0.0%
vs $335M
Q4 2025
Dec 4, 2025
$0.08-11.1%
vs $0.09
$331M+0.3%
vs $330M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Seeking Alpha·Sep 2, 2026
Sportsman's Warehouse Holdings, Inc. (SPWH) Q2 2026 Earnings Call Transcript

Sportsman's Warehouse Holdings, Inc. (SPWH) Q2 2026 Earnings Call Transcript

Zacks Investment Research·Sep 1, 2026
Sportsman's Warehouse (SPWH) Reports Q2 Loss, Tops Revenue Estimates

Sportsman's Warehouse (SPWH) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to a loss of $0.12 per share a year ago.

GlobeNewsWire·Sep 1, 2026
Sportsman's Warehouse Holdings, Inc. Announces Second Quarter 2026 Financial Results

Reduces year-over-year inventory by $44.5 million and year-over-year debt by $26 million Reaffirms full-year 2026 Guidance

GlobeNewsWire·Aug 18, 2026
Sportsman's Warehouse Holdings, Inc. Schedules Second Quarter 2026 Earnings Conference Call

WEST JORDAN, Utah, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. ("Sportsman's Warehouse" or the "Company") (Nasdaq: SPWH) today announced that it will hold its quarterly conference call to discuss second quarter 2026 financial results on Tuesday, September 1, 2026, at 5:00 p.m. Eastern Time.

Filtered for Sportsman's Warehouse Holdings, Inc.More Headlines
04

Compare before deciding

Benchmark SPWH against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Sportsman's Warehouse Holdings, Inc. (SPWH)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SPWH logoSPWHSportsman's Warehouse Holdings, Inc.Current
$1.24$48.38M-0.950.96%-4.14%-23.6%—
ASO logoASOAcademy Sports and Outdoors, Inc.
$48.31$3.07B8.722.02%6.39%18.38%—
DKS logoDKSDICK'S Sporting Goods, Inc.
$132.36$11.31B13.2828.06%3.97%14.99%—
CATO logoCATOThe Cato Corporation
$2.46$44.06M-7.940.62%1.35%5.41%—
RGR logoRGRSturm, Ruger & Company, Inc.
$41.90$669.49M-155.191.94%2.11%4.29%—
SWBI logoSWBISmith & Wesson Brands, Inc.
$13.98$625.28M34.1010.36%4.44%6.63%—

Compare SPWH vs Peers

Sportsman's Warehouse Holdings, Inc. (SPWH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ASO

Most directly comparable listed peer for SPWH.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare SPWH against a more recognizable public peer.

Peer Set

Compare Top 5

vs ASO, DKS, CATO, RGR

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

SPWH SEC Filings & Documents

Sportsman's Warehouse Holdings, Inc. (SPWH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Sep 1, 2026·SEC

Material company update

Jun 2, 2026·SEC

Material company update

May 28, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 31, 2026·SEC

FY 2025

Apr 2, 2025·SEC

FY 2024

Apr 4, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Sep 1, 2026·SEC

FY 2026

Jun 2, 2026·SEC

FY 2025

Dec 4, 2025·SEC

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SPWH Frequently Asked Questions

Sportsman's Warehouse Holdings, Inc. (SPWH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Sportsman's Warehouse Holdings, Inc.'s revenue?

Sportsman's Warehouse Holdings, Inc. (SPWH) reported $1.22B in revenue for fiscal year 2025. This represents a 223% increase from $376.6M in 2011.

How fast is Sportsman's Warehouse Holdings, Inc. growing?

Sportsman's Warehouse Holdings, Inc. (SPWH) grew revenue by 1.0% over the past year. Growth has been modest.

Is SPWH profitable?

Sportsman's Warehouse Holdings, Inc. (SPWH) reported a net loss of $48.0M for fiscal year 2025.

Dividend & Returns
What is SPWH's return on equity?

Sportsman's Warehouse Holdings, Inc. (SPWH) has a return on equity (ROE) of -23.6%. Negative ROE indicates the company is unprofitable.

What is Sportsman's Warehouse Holdings, Inc.'s free cash flow?

Sportsman's Warehouse Holdings, Inc. (SPWH) generated $29.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in SPWH back in 2011?

Total return calculator · dividends reinvested · 15+ years of data

See returns →