Why Sportsman's Warehouse Holdings, Inc. Stock Jumped Today
Shares of Sportsman's Warehouse Holdings, Inc. (NASDAQ: SPWH) were surging today after the retailer of hunting and fishing gear topped low expectations in its second-quarter report. As of 10:52 a.m. EDT, the stock was up 27.6%.
A better-than-expected profit helped to overcome a plunge in same-stores sales due to a tough comparison with the quarter a year ago as firearms sales spiked following the Orlando shooting last year.
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Source: Fool.com