CORPORATE FINANCIAL REPORTS 6-13-22

The following are recent financial reports as posted by selected Utah corporations:

Sportsman’s Warehouse

Sportsman’s Warehouse Holdings Inc., based in West Jordan, reported net income of $2 million, or 5 cents per share, for the quarter ended April 30. That compares with $10.5 million, or 23 cents per share, for the same quarter a year earlier.{mprestriction ids="1,3"}

Sales in the most recent quarter totaled $309.5 million, down from $327 million in the year-earlier quarter.

Sportsman’s Warehouse is an outdoor specialty retailer.

“Our first-quarter results were highlighted by strong performances in our hunting and shooting sports, apparel and footwear categories,” Jon Barker, CEO, said in announcing the results.

“The in-stock levels for ammunition continue to improve, driving traffic both online and in our stores. We added three new stores to our fleet during the quarter, and just last week celebrated the grand opening of our new spike camp store in Riverton, Wyoming. This now brings the total number of stores in our fleet to 126 across the U.S.

“We continue to closely monitor the impact of the current macro-economic environment on consumer behavior. Our broad assortment across multiple categories of product provides us with the ability to serve the changing needs of the consumer. With our position as the value-price leader in our industry, and with our growing omni-channel presence, we remain confident in our ability to serve the customer who is seeking the brands and equipment needed to enjoy the outdoors.”  

Domo

Domo, based in American Fork, reported a net loss of $32.9 million, or 99 cents per share, for the fiscal first quarter ended April 30. That compares with a loss of $18.1 million, or 58 cents per share, for the same quarter a year earlier.

Revenue in the most recent quarter totaled $74.5 million, up from $60 million in the year-earlier quarter.

Domo is focused on business intelligence and analytics.

“In today’s environment, business agility remains as important as ever,” John Mellor, CEO, said in announcing the results. “Domo is helping companies of all sizes get leverage from their existing resources to reduce costs, improve efficiencies and drive better business outcomes — all at incredible speed. I’m confident in our ability to execute against our opportunity of transforming business by putting data to work for everyone.”{/mprestriction}