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Added to YB: 2026-09-25

Pitch date: 2026-09-22

SPWH [neutral]

Sportsman's Warehouse Holdings, Inc.

-4.1%

current return

Author Info

No bio for this author

Company Info

Sportsman's Warehouse Holdings, Inc., together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States.

Market Cap

$48.5M

Pitch Price

$1.22

Price Target

N/A

Dividend

N/A

EV/EBITDA

4.62

P/E

-1.00

EV/Sales

0.46

Sector

Specialty Retail

Category

value

Show full summary:
Sporting goods research notes: Sportsman's Warehouse Holdings, Inc.

SPWH (pass): Passed after deeper work despite genuine turnaround progress: Q2 gross margin rose 50bp to 32.5%, adjusted EBITDA reached $8.7m and net debt fell $26m. At roughly $1.20, the $47m market cap and 0.04x sales appear optically cheap, but $554m of enterprise value and $167m of net debt mean a recovery may not deliver most of the value creation to common shareholders.

Read full article (1 min)