Company: SPWH
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0000950170-25-048890
Chunk: 369

Company: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 3
Chunk 369
---
 2025

    2024

    2023

    Camping
     
    Backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents and tools

    11.7
    %

    11.2
    %

    12.5
    %

    Apparel
     
    Camouflage, jackets, hats, outerwear, sportswear, technical gear and work wear

    7.5
    %

    8.8
    %

    9.3
    %

    Fishing
     
    Bait, electronics, fishing rods, flotation items, fly fishing, lines, lures, reels, tackle and small boats

    10.3
    %

    8.9
    %

    8.9
    %

    Footwear
     
    Hiking boots, socks, sport sandals, technical footwear, trail shoes, casual shoes, waders and work boots

    6.3
    %

    7.2
    %

    7.3
    %

    Hunting and Shooting
     
    Ammunition, archery items, ATV accessories, blinds and tree stands, decoys, firearms, reloading equipment and shooting gear

    57.4
    %

    57.4
    %

    54.9
    %

    Optics, Electronics, Accessories, and Other
     
    Gift items, GPS devices, knives, lighting, optics, two-way radios, and other license revenue, net of revenue discounts

    6.8
    %

    6.5
    %

    7.1
    %

    Total

    100.0
    %

    100.0
    %

    100.0
    %

47

Fiscal Year 2024 Compared to Fiscal Year 2023

Net Sales and Same Store Sales. Net sales decreased by $90.4 million, or 7.0%, to $1,197.6 million in fiscal year 2024 compared to $1,288.0 million in fiscal year 2023. Net sales in fiscal year 2023 were positively impacted by $16.3 million of net sales due to fiscal year 2023 having an additional week of operations compared to the fiscal year 2024. Our net sales decreased primarily due to the continued impact of consumer inflationary pressures and recessionary concerns on discretionary