SPWH News & Events

A month-long Middle East standoff which disrupted the flow of oil through the Strait of Hormuz and roiled investor sentiment for over a month appears to have finally found a path toward anofframp.  Reports citing the Islamic Republic News Agency that Iranian officials are prepared to discuss the terms of the end to the conflict sent U.S. equities sharply higher, with S&P 500 ending the day up nearly 3% and the Nasdaq up nearly 4%.  Beaten down Tech, Communication Services, and Materials sectors were the best performing areas of the market while Energy - the only sector to finish the month of March in the positive - retreated, with Oil prices falling sharply.In the opening hour of the evening session, S&P e-minis and Nasdaq 100 futures are little changed with consolidation of today's gains in spite of more macro headlines on the wires citing President Trump indicate that the conflict could rage another 2-3 weeks.Afterhours earnings session saw results from some notable names in the Consumer space - Nikewas down sharply despite topping Q3 estimates as the management's guidance for Q4 revenue was well short of consensus, while PVH Corp .and Dave and Bustersrallied after their Q4 results.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -nCinoup 18.6%Dave & Buster's Entertainmentup 4.9%Omerosup 4.6%PVH Corp.up 1.9%DOWN AFTER EARNINGS -RHdown 17.6%NIKEdown 9.2%Sportsman's Warehousedown 6.4%POET Technologiesdown 1.5%TruBridgedown 1.0%ALSO LOWER -ORIC Pharmaceuticalsdown 26.6% after ORIC-944 program update

Reports Q4 revenue $334.86M, consensus $334.88M. Same store sales decreased 1.8% in Q4. "We are pleased with our improved fourth quarter finish and full-year performance, which exceeded our revised guidance following our third quarter of 2025, and reflects the meaningful progress we are making against our strategic initiatives," said Paul Stone, CEO of Sportsman's Warehouse. "In 2025, we returned to positive same store sales growth for the first time since 2020, while also strengthening our balance sheet, improving inventory productivity, and generating positive free cash flow."

Sees FY26 same store sales down 1% to up 2%. Sees FY26 capital expenditures $20M-$25M. "We were encouraged by our performance in 2025, particularly our return to positive comparable sales growth," said Jennifer Fall Jung, CFO of Sportsman's Warehouse. "We strengthened our balance sheet through disciplined inventory management, reducing inventory by 8.5%, while improving its quality and productivity. This, combined with focused expense management, allowed us to generate positive free cash flow, pay down our debt, and enhance overall liquidity. We are approaching the year with a balanced outlook. Our strategic initiatives are firmly in motion and we believe the actions we've taken position us to drive profitable growth, improve returns, and continue strengthening the balance sheet. Following the comprehensive review of our store fleet, we expect to close approximately five locations over the next 12 months. These closures are anticipated to occur after the holiday season, and as such, we do not expect a material impact to this year's results."

Xponential Fitness "announced that John Meloun, Chief Financial Officer, has separated from the Company effective March 9, 2026. Robert Julian has been appointed interim Chief Financial Officer, effective March 16, 2026. Mr. Julian brings more than 30 years of financial leadership experience, having previously served as the Chief Financial Officer of TheRealReal, Inc. (REAL), Callaway Golf (ELY), Executive Vice President and Chief Financial Officer at Sportsman's Warehouse (SPWH), and Executive Vice President and Chief Financial Officer and Treasurer at Deluxe Entertainment Services Group. The Company has engaged a leading search firm to find a permanent Chief Financial Officer. Xponential also reaffirmed its full-year 2026 financial guidance, as previously announced in the fourth quarter and full-year 2025 earnings release issued on February 26, 2026."