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Sportsman's Warehouse Rallies On Q3 Earnings Surprise: Gross Margins Shine Amid Declining Sales - Sportsman's Warehouse (NASDAQ:SPWH)

Summary by Benzinga
Sportsman's Warehouse shares rise premarket as net sales decline 4.8% due to inflationary pressures, but beat expectations.

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Sportsman's Warehouse Rallies On Q3 Earnings Surprise: Gross Margins Shine Amid Declining Sales - Sportsman's Warehouse (NASDAQ:SPWH)

Sportsman's Warehouse shares rise premarket as net sales decline 4.8% due to inflationary pressures, but beat expectations.

·New York, United States
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CWEB.com - Trending News, Business News, Shopping Deals, VideosCWEB.com - Trending News, Business News, Shopping Deals, Videos

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) Surpasses Earnings and Revenue Estimates

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) reported an EPS of approximately -$0.01, better than the estimated -$0.02, and a revenue of approximately $324.3 million, surpassing the estimated $300.5 million. The company’s focus on enhancing customer experiences and expanding product offerings in the outdoor sporting goods sector has contributed to its ability to exceed market expectations. Despite […]

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velvetclassic.netvelvetclassic.net

US’ Duluth’s sales drop 8.1% YoY, gross margin up to 52.3% in Q3 FY24

Duluth Holdings Inc has reported net sales of $127.1 million in Q3 FY24, down 8.1 per cent YoY, with a gross margin of 52.3 per cent. Net loss widened to $28.5 million. DTC sales dropped 8.3 per cent, and retail sales fell 7.8 per cent. For 9M FY24, net sales were $385.4 million, with a net loss of $40.1 million. FY24 outlook projects $640 million in net sales and a gross margin drop of 125 bps.Duluth Holdings Inc has reported net sales of $127.…

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velvetclassic.net broke the news in on Tuesday, December 10, 2024.
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