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In a recent transaction, Richard McBee, a director at Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH), purchased 75,000 shares of the company’s common stock. The timing appears strategic, as the stock has shown remarkable momentum with a 39% surge in the past week, according to InvestingPro data. The shares were acquired at a weighted average price of $2.68 per share, amounting to a total purchase value of $201,000. The shares were bought in multiple transactions at prices ranging between $2.56 and $2.81. Following this acquisition, McBee’s total direct ownership in the company stands at 339,886 shares. With analyst price targets ranging from $3.00 to $4.00, and additional insights available through InvestingPro’s comprehensive research report, this insider purchase aligns with the stock’s current Fair Value assessment.
In other recent news, Sportsman’s Warehouse reported its first-quarter 2025 financial results, revealing a net loss but surpassing revenue expectations. The company achieved net sales of $249.1 million, exceeding the forecasted $240.39 million, despite posting an earnings per share (EPS) loss of $0.47, slightly missing the forecast of $0.46. The company’s revenue beat helped boost investor confidence, leading to a significant stock surge in aftermarket trading. Furthermore, Sportsman’s Warehouse achieved its first positive year-over-year sales comparison in nearly four years, with net sales increasing by 2%.
The company’s gross margin improved slightly, rising by 20 basis points to 30.4%. On an adjusted basis, the net loss was $15.6 million, or $0.41 per share, with an adjusted EBITDA of -$9 million. Looking forward, Sportsman’s Warehouse projects full-year net sales to range from a 1% decrease to a 3.5% increase. The company anticipates adjusted EBITDA between $33 million and $45 million, with capital expenditures expected to be between $20 million and $25 million. The focus remains on inventory precision and strategic initiatives to generate positive free cash flow for debt reduction.
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