Sportsman's Warehouse slips on forecast for sales fall

Sportsmans Warehouse Holdings

30/03/2022 17:53

** Shares of sporting goods retailer  SPWH.O  down ~4% at
$11.65 
    ** SPWH after market hours on Tuesday forecast an 11% to 14%
decline in Q1 same-store sales  urn:newsml:reuters.com:*:nASA035TU
    ** Co's Q4 net sales dropped 5%, hurt by softening demand
for its shooting sports goods, while same-store sales fell ~11%
    ** For Q1, SPWH expects to report a loss of 1 cent/shr to a
profit of 1 cent/shr on an adjusted basis; it reported a profit
of 28 cents/share a year earlier
    ** Including session's moves, stock down ~1% this year

 (Reporting by Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com;))