Despite surpassing Q3 FY2023 expectations, Sportsman's Wareh...
Despite surpassing Q3 FY2023 expectations, Sportsman's Warehouse predicts a weaker next quarter due to increased promotions eroding gross margins. Their muted Q4 2023 EPS guidance, alongside expectations of a small revenue rebound, raises red flags as trends of falling same-store sales and possible strategic errors might extend past the quarter.
Sportsman's Warehouse (NASDAQ:SPWH) Reports Bullish Q3 But Stock Drops
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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