Sep. 1 at 8:15 PM
$SPWH
🚨🚨🚨🚨
Q2 2026 net sales up 0.6% to
$295.6 million
Hunting and Shooting Sports same store sales up 6.7% in Q2
Q2 gross margin up 50 bps to 32.5% of sales
Inventory reduced by
$44.5 million year over year to
$399.0 million
Net debt reduced by
$26 million to
$167.0 million with
$105.0 million liquidity
Full-year 2026 same store sales and adjusted EBITDA guidance reaffirmed
Q2 2026 net loss of
$4.4 million, diluted loss per share
$0.11
First-half 2026 net loss
$26.3 million, diluted loss per share
$0.68
Q2 same store sales flat despite category strength in Hunting and Shooting Sports
Continued category declines tied to pressured U.S. consumer and western U.S. drought
Net debt remains
$167.0 million despite recent reduction
No new store openings planned for 2026, limiting near-term physical expansio
