Insider Buying In a Microcap Retailer – Insider Weekends
Sportsman’s Warehouse Holdings, Inc. (SPWH): $5.17
Market Cap: $193.28M
Enterprise Value: $409M
Key Insights
- The post-pandemic decline in consumer spending has left sporting goods retailer Sportsman’s Warehouse is a difficult position with declining same-store-sales and bloated inventory.
- The company was the target of an acquisition by the parent company of Bass Pro and Cabela’ at a much higher valuation.
- Mario Gabelli had urged the company to appoint a new director with financial engineering background to the board.
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