SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
SPWHNasdaqConsumer Discretionary · Retail-Miscellaneous Shopping Goods Stores · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|---|
| Revenue | $1.21B | $1.20B | $1.29B | $1.40B | $1.51B | $1.45B |
| Operating income | −$37.4M | −$18.2M | −$25.3M | $58.1M | $90.6M | $122.7M |
| Net income | −$50.1M | −$33.1M | −$29.0M | $40.5M | $108.5M | $91.4M |
| Total assets | $762.6M | $852.1M | $886.2M | $859.0M | $840.6M | $660.8M |
| Total liabilities | $574.0M | $616.4M | $621.6M | $565.8M | $526.4M | $456.2M |
| Equity | $188.6M | $235.7M | $264.6M | $293.1M | $314.2M | $204.7M |
| EPS (diluted) | $-1.30 | $-0.87 | $-0.77 | $1.00 | $2.44 | $2.06 |
| Shares out. | 38.8M | 38.1M | 37.6M | 37.7M | 43.9M | 43.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2026- Operating margin
- −3.1%
- Net margin
- −4.1%
- Return on equity
- −26.5%
- Return on assets
- −6.6%
- Return on capital (ROCE)
- −7.3%
- Liabilities / assets
- 75.3%
- Debt / equity
- 3.04×
- Book value / share
- $4.86
- Revenue growth (YoY)
- 1.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2026- Altman Z″ (distress)
- 1.20grey zone
- Accruals / assets
- −10.7%clean
- Beneish M-Score
- -2.25normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 4 warning● 3 good- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Altman Z″ in the grey zone
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Fmr LlcPassive (13G)May 7, 2026
- Union Square Park Capital Management, LlcPassive (13G)Jan 27, 2026
- Portolan Capital Management, LlcPassive (13G)May 15, 2025
- Cannell Capital LlcPassive (13G)May 15, 2025
- Stone House Capital Management, LlcPassive (13G)Feb 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Walsh Nancy ADirector | May 27, 2026 | Grant | 62,992 | $0.00 |
| Tucci Michael DDirector | May 27, 2026 | Grant | 62,992 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 510,895 | 1.7 | -7.7% |
| Apr 30, 2026 | 553,239 | 1.0 | -22.8% |
| Apr 15, 2026 | 717,015 | 1.0 | -24.0% |
| Mar 31, 2026 | 943,919 | 3.0 | +55.4% |
| Mar 13, 2026 | 607,264 | 1.0 | -61.1% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Shareholder voteMay 28, 2026
- Results of operationsMar 31, 2026
- Results of operationsMar 3, 2026
- Results of operationsDec 4, 2025
- Director / officer change · Regulation FD disclosureSep 11, 2025
- Results of operationsSep 4, 2025
- Director / officer change · Regulation FD disclosureAug 5, 2025
- Results of operationsJun 3, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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