WEST JORDAN, Utah (AP) _ Sportsman’s Warehouse Holdings Inc. (SPWH) on Thursday reported a loss of $1.1 million in its fiscal first quarter.
On a per-share basis, the West Jordan, Utah-based company said it had a loss of 3 cents. Earnings, adjusted for one-time gains and costs, came to 1 cent per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The outdoor sporting goods specialty retailer posted revenue of $246.8 million in the period.
Sportsman’s Warehouse shares have increased 46% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.76, more than tripling in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPWH at https://www.zacks.com/ap/SPWH
