Sportsman’s Warehouse Holdings (SPWH) reported second-quarter net sales of $295.6 million for the 13 weeks ended August 1, 2026, up 0.6% from a year earlier. The company posted a GAAP net loss of $4.4 million, or $0.11 per diluted share, compared with a $7.1 million loss, or $0.18 per diluted share, a year earlier.
The company reaffirmed its fiscal 2026 outlook, including same-store sales ranging from a 1.0% decline to 2.0% growth and adjusted EBITDA of $30 million to $36 million.
- Gross profit rose to $96.0 million, representing 32.5% of net sales, from 32.0% a year earlier.
- SG&A expenses were $97.1 million, compared with $97.2 million in the prior-year quarter.
- Inventory was $399.0 million at quarter-end, down $44.5 million year over year.
- Net debt totaled $167.0 million, while total liquidity was $105.0 million.
- Hunting and Shooting Sports same-store sales increased 6.7% during the quarter.
$SPWH Hedge Fund Activity
We have seen 37 institutional investors add shares of $SPWH stock to their portfolio, and 36 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 5,771,354 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $7,675,900
- MACKENZIE FINANCIAL CORP added 1,546,582 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,056,954
- TWO SIGMA INVESTMENTS, LP added 870,459 shares (+162.1%) to their portfolio in Q2 2026, for an estimated $1,157,710
- UNION SQUARE PARK CAPITAL MANAGEMENT, LLC added 658,014 shares (+27.7%) to their portfolio in Q2 2026, for an estimated $875,158
- JACOBS LEVY EQUITY MANAGEMENT, INC added 557,788 shares (+inf%) to their portfolio in Q2 2026, for an estimated $741,858
- RAYMOND JAMES FINANCIAL INC removed 472,041 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $665,577
- DIMENSIONAL FUND ADVISORS LP removed 451,754 shares (-62.9%) from their portfolio in Q2 2026, for an estimated $600,832
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
