Sportsman’s Warehouse (SPWH) has reiterated its financial outlook for fiscal year 2026, forecasting net sales to decrease between 1% and 2%. The company also anticipates adjusted EBITDA to range from $30 million to $36 million, signaling continued consumer pressure.
First Quarter Performance
Despite macroeconomic challenges and elevated fuel prices, the outdoor and sporting goods retailer reported a positive same-store sales increase of just over 2% for the first quarter of fiscal 2026. Paul Stone, President, CEO & Director, acknowledged these results in a recent management view, stating, “I’m pleased that the same-store sales in the first quarter were up just over 2% compared to last year despite ongoing consumer macroeconomic pressure and higher fuel prices.”
Outlook Amidst Economic Conditions
The company’s reiteration of its fiscal 2026 guidance suggests management is factoring in persistent consumer caution. The projected sales decline indicates an expectation of a challenging retail environment for the remainder of the fiscal year, even with the encouraging start to the first quarter.
