Shares of Sportsman’s Warehouse Holdings Inc.
dropped more than 8% in the extended session Wednesday after the retailer reported better-than-expected fourth-quarter earnings and said that Chief Executive and board member Jon Barker has decided to retire from both roles. Sportsman’s Warehouse earned $11 million, or 29 cents a share, in the quarter, compared with $58.4 million, or $1.31 a share, in the year-ago period. Adjusted for one-time items, the company earned 33 cents a share. Sales fell 9% to $379.
dropped more than 8% in the extended session Wednesday after the retailer reported better-than-expected fourth-quarter earnings and said that Chief Executive and board member Jon Barker has decided to retire from both roles. Sportsman’s Warehouse earned $11 million, or 29 cents a share, in the quarter, compared with $58.4 million, or $1.31 a share, in the year-ago period. Adjusted for one-time items, the company earned 33 cents a share. Sales fell 9% to $379.