Professional
Added to YB: 2022-02-05
Pitch date: 2022-02-05
SPWH [bullish]
Sportsman's Warehouse Holdings, Inc.
-86.25%
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
$73.0M
Pitch Price
$11.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.32
P/E
-1.93
EV/Sales
0.53
Sector
Specialty Retail
Category
special_situation
Choice Equities Capital new position: Sportsman’s Warehouse (SPWH)
SPWH: Offered $18/share buyout by Bass Pro in 2020, fell through. Now $10 with $100M FCF in 2021, net cash, 10% store growth. Guns/ammo 15% of sales each. 12M new gun owners. Smaller stores enable growth vs peers. 7-9% new stores + ecommerce = double digit top & bottom line growth. 8x FY22 PE with less competition, larger user base & better balance sheet.
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