Sportsman's Warehouse Holdings Inc (SPWH)
NASDAQConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
$1.30+4.00%
Close 2026-09-04 · 1-day change
NASDAQConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
QuarterlyIQ Insights · SPWH
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Management aims to strengthen the business by improving value proposition, assortment, and customer experience to grow key categories like Hunting and Shooting Sports.
Stated as a priority in 3 of last 3 quarters. Hunting and Shooting Sports category sales grew 7.4% in 2026-Q1, over 6% in 2026-Q2, and nearly 7% in 2026-Q3, driving overall net sales growth despite a challenging consumer environment. Management is delivering on this growth focus with consistent category expansion.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated weak grew net income 56% of the time over the next year (vs 53% for the rest of the cohort, n=5213).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“CEO: 'Drive nearly 7% growth in Hunting and Shooting Sports during the quarter.'”
“CEO: 'Strong growth in hunting and shooting sports, with sales increasing by over 6%.'”
“CEO: '7.4% gain in Hunting and Shooting Sports, led by firearms and ammunition.'”
Management is focused on improving inventory efficiency by reducing inventory levels and aligning receipts with seasonal demand to improve working capital.
Stated as a priority in 3 of last 3 quarters. Inventory levels decreased by $25.1 million in 2026-Q1, reduced further to $44.5 million lower year over year by 2026-Q3, reflecting improved seasonal timing and efficiency. Management is delivering on inventory discipline and working capital improvement.
“Inventory down $44.5 million year over year, reflecting improved inventory management.”
“Inventory levels reduced by more than 6% year-over-year, improving alignment with seasonal demand.”
“Inventory decreased by $25.1 million compared to last year, improving seasonal timing and efficiency.”
Management reiterates capital expenditure guidance primarily for technology investments and store maintenance within the $20 million to $25 million range for fiscal 2026.
Stated as a priority in 3 of last 3 quarters. Management consistently reiterates capital expenditure guidance of $20 million to $25 million for 2026, focused on technology and store maintenance. The guidance has remained stable with no reported deviations, indicating disciplined capital allocation.
“Reiterates capital expenditures guidance of $20 million to $25 million for 2026.”
“Capital expenditures expected in the range of $20 million to $25 million for 2026.”
“Capital expenditures for 2026 to be in the range of $20 million to $25 million.”
Management targets adjusted EBITDA in the range of $30 million to $36 million for fiscal year 2026, reaffirmed across multiple quarters.
Stated as a priority in 3 of last 3 quarters. Management consistently reiterates adjusted EBITDA guidance of $30 million to $36 million for fiscal 2026. Adjusted EBITDA improved slightly from negative in early 2026 to positive $8.7 million in 2026-Q3, showing progress but still below full-year target range, indicating limited progress so far.
“Reaffirms adjusted EBITDA guidance of $30 million to $36 million for 2026.”
“Adjusted EBITDA guidance reiterated at $30 million to $36 million for 2026.”
“Adjusted EBITDA expected in the range of $30 million to $36 million for 2026.”
Management is committed to generating positive free cash flow and reducing net debt to strengthen the financial foundation for sustainable growth.
Stated as a priority in 3 of last 3 quarters. Management emphasizes generating positive free cash flow and reducing net debt. However, net debt increased from $148.4 million in 2026-Q1 to $167.0 million in 2026-Q3, indicating limited progress on debt reduction despite stated commitment.
“Committed to generating positive free cash flow, reducing debt and strengthening financial foundation.”
“Focus on generating positive free cash flow to reduce debt and strengthen balance sheet.”
“Focus remains on generating positive free cash flow to reduce debt and strengthen balance sheet.”
Over the trailing year it converted 2.35x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates (low R² over the window).
5 material management or governance events in the past 24 months, led by executive changes. Historically, Consumer Discretionary names rated stable grew net income 47% of the time over the next year (vs 53% for the rest of the cohort, n=1906).
Not investment advice. As of 2026-09-04.