NASDAQ$SPWH

Sportsman's Warehouse Holdings Inc · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

SPWH Q3 2026 — $7.0M revenue

While we believe that our assumptions are reasonable, we caution that predicting the impact of known factors is very difficult, and we cannot anticipate all factors that could affect our actual result. Sportsman's Warehouse Holdings Inc reported Q3 2026 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $7.0M.
  • Operating income: $4K.
  • Gross profit: $109K.

Headline financials

Total Revenue

$331M

No prior period
EPS (adj)

$0.08

No prior period
Capital Expenditures

-$18.7M

No prior period
Free Cash Flow

-$18.7M

No prior period
Net Income

$8K

No prior period
Operating Income

$4.27M

No prior period
Gross Profit

$109M

No prior period

Revenue & EPS history

Sportsman's Warehouse · Revenue · Quarterly

$331M

Q3 2026
Beat estimate in 1 of 14 quarters(7%)
ActualEstimate

Forward guidance

The company lowered full-year 2025 sales guidance due to softening consumer demand, while emphasizing focus on inventory discipline, liquidity, and free cash flow.

Tailwinds

  • Inventory reduced by $14.2 million YoY and $19.5 million sequentially
  • Only one new store opening planned through 2026, aiding capital efficiency
  • Adjusted EBITDA guidance for FY25: $22M to $26M
  • Debt paydown of $13.2 million in Q3
  • Free cash flow expected to be positive by year-end

Headwinds

  • Consumer softness emerged mid-October, impacting Q4
  • Highly promotional retail environment persists
  • Full-year net sales now expected to be flat to slightly up
  • No reconciliation provided for GAAP net income guidance
  • Macroeconomic uncertainty limiting forward visibility

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

+4.8%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+4.1%

Avg return

30 days after

60%

29 / 48 earnings

Positive

+97.9%

Q4 2024

Best reaction

-31.0%

Q3 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+74.1%-7.8%+4.3%
Q3 2026-31.0%-33.9%-40.4%
Q2 2026+13.1%-3.0%-4.3%
Q1 2025+6.3%+11.8%-1.2%
Q4 2024+97.9%+69.9%+83.4%
Q3 2024+23.5%+12.6%-3.0%
Q2 2024+6.2%+13.8%+27.6%
Q1 2024-20.1%-26.3%-49.5%
Q4 2023+32.1%+28.6%+11.8%
Q3 2023-17.8%-16.0%-11.6%
Q2 2023-25.2%-25.2%-8.3%
Q1 2023-18.2%-13.5%+0.7%
Q4 2022-17.5%-24.7%-27.8%
Q3 2022+1.0%-4.3%+1.1%
Q2 2022+9.5%+13.2%+4.3%
Q1 2022-8.7%-8.0%+0.0%
Q4 2021-1.5%-6.3%-13.1%
Q3 2021-6.4%-10.0%-6.2%
Q2 2021+0.3%+0.2%-0.2%
Q1 2021+0.2%+0.1%-0.7%
Q4 2020+1.0%+1.3%+1.6%
Q3 2020-8.2%-9.3%+22.6%
Q2 2020-16.4%-23.0%-11.9%
Q4 2019+5.9%+9.4%+16.7%
Q3 2019+12.6%+11.3%+7.0%
Q2 2019+10.6%+14.4%+40.7%
Q1 2019-6.1%-5.1%-3.6%
Q4 2018-11.6%-9.6%-14.2%
Q3 2018-0.4%-4.0%-10.8%
Q2 2018+13.1%+6.1%+12.8%
Q1 2018+9.6%+12.1%+22.3%
Q4 2017+7.1%+4.7%+34.6%
Q3 2017+18.2%+16.2%+47.2%
Q2 2017+21.2%+14.0%+23.5%
Q1 2017+17.5%+11.8%+16.7%
Q4 2016-0.4%-5.6%-4.1%
Q3 2016+4.8%+11.6%+17.5%
Q2 2016+3.8%+5.7%-7.3%
Q1 2016-12.8%-12.1%-19.4%
Q4 2015-12.5%
Q3 2015+18.8%
Q2 2015+7.8%
Q1 2015+3.1%
Q4 2013+8.0%
Q4 2014+9.0%
Q3 2014-8.6%
Q2 2014+19.6%
Q1 2014-1.6%
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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