Sportsman's Warehouse Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Same store sales decreased 12.8% on a 13-week comparable basis, compared with the prior year fourth quarter.
- Same store sales decreased 12.8% on a 13-week comparable basis, compared with the prior year fourth quarter.
- Net loss was $(8.7) million, compared to net income of $11.0 million in the fourth quarter of fiscal year 2022.
- Adjusted net loss was $(7.5) million compared to adjusted net income of $12.7 million in the fourth quarter of fiscal year 2022 (see “GAAP and Non-GAAP Measures”).
- Same store sales decreased 14.4% during fiscal year 2023 compared to fiscal year 2022, excluding the extra week of sales in fiscal 2023.