Sportsman's Warehouse Holdings Inc. said its normalized net income for the fiscal second quarter ended Aug. 2 came to 12 cents per share, compared with the S&P Capital IQ consensus estimate of 10 cents per share.
EPS fell 49.2% year over year from 24 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $5.1 million, a decrease of 35.9% from $8.0 million in the year-earlier period.
The normalized profit margin declined to 3.2% from 5.1% in the year-earlier period.
Total revenue rose year over year to $159.5 million from $155.9 million, and total operating expenses climbed 5.4% from the prior-year period to $147.1 million from $139.7 million.
Reported net income decreased 34.1% from the prior-year period to $5.0 million, or 12 cents per share, from $7.6 million, or 23 cents per share.
