Company: SPWH
Filing Date: 2025-06-04
Form Type: 10-Q
Source: 0000950170-25-081405
Chunk: 8

Company: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
Filing Date: 2025-06-04
Form: 10-Q
Item: Part I, Item 2
Chunk 8
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 inventory in anticipation of increased tariff rates and we expect to purchase additional strategic inventory in the second quarter of fiscal year 2025 in anticipation of further tariff rate increases to be prepared for the hunting and holiday seasons.  We will continue to consider other means to mitigate the impact of increased tariff rates, including by seeking alternative sourcing of our products and by negotiating with our suppliers to absorb a portion of increased costs due to changes in tariff rates and trade policy; however, we cannot provide any assurances that we will be successful in such efforts.

In addition, since the beginning of fiscal year 2023, our business has been and continues to be impacted by consumer inflationary pressures and recession concerns. As a result, we have implemented cost reduction measures and reduced investments in future new store openings to reflect current sales trends. We did not open any new stores in fiscal year 2024 and we plan to open one new store in fiscal year 2025. 

We continue to actively monitor the impact of these macroeconomic factors on our financial condition, liquidity, operations, suppliers, industry and workforce. The extent of the impact of these factors on our operational and financial performance, including our ability to execute our business strategies and initiatives in the expected timeframe, will depend on future developments, and the impact on our customers, partners and outfitters, all of