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- Impairment (new) — Company recorded $17.8 million impairment charge on ten underperforming stores in FY2025; no impairment in prior year.
Sportsman's Warehouse posts $17.8M impairment, plans ~5 store closures amid tariff uncertainty
Filed March 31, 2026 · Period ending January 31, 2026 · Compared to 10-K Apr 2, 2025 · ~1 min read
Key Changes
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Company recorded $17.8M impairment on ten underperforming stores and expects to close approximately $5.0 million five locations after the 2026 holiday season, marking first impairment charges in at least three years.
Notes: Long-lived asset impairment verify on EDGAR → -
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Zero new stores planned for FY2026 as company redirects capital to technology investments and debt repayment; total headcount fell 6% with distribution center staff down 33%.
Business: Store expansion pause verify on EDGAR → -
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Tariff uncertainty creates 'substantial' inventory cost risk, especially in Hunting/Shooting Sports and Optics; company pulled forward inventory purchases in FY2025 to mitigate exposure.
MD&A: Tariff impact verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify