Recent Updates — SPWH
Sportsman’s Warehouse Holdings reported second quarter 2026 results with net sales of $295.6 million, a 0.6% increase year-over-year, while same-store sales remained flat. The company posted a net loss of $(4.4) million and adjusted EBITDA of $8.7 million. For the first half of fiscal 2026, net sales reached $551.7 million with a 1.0% same-store sales increase, resulting in a net loss of $(26.3) million. Management reduced inventory by $44.5 million and net debt by $26 million to $167.0 million, while maintaining $105.0 million in total liquidity. The company reaffirmed its full-year 2026 guidance for same-store sales between -1.0% and +2.0% and adjusted EBITDA of $30 million to $36 million. Sportsman’s Warehouse operates as an outdoor specialty retailer focused on hunting, shooting sports, fishing, and related equipment.
On June 18, 2026, Sportsman's Warehouse Holdings, Inc. entered into two significant financing agreements. First, it amended and restated its ABL Term Loan Credit Agreement for an outstanding $45.0 million term loan, extending the maturity date to June 18, 2031, with applicable margins of 4.00% or 7.00% based on loan type. Second, the company amended its senior secured revolving credit facility with Wells Fargo, reducing the aggregate principal amount from $350 million to $315 million and extending the maturity to June 18, 2031. The revolving facility's interest rates are based on the base rate or Term SOFR plus a margin ranging from 0.75% to 2.00%. Both facilities are secured by liens on substantially all tangible and intangible working capital assets. The company operates in the retail industry, selling outdoor gear and sporting goods.