Retail sales generated by Holdsport’s Sportsmans Warehouse and Outdoor Warehouse grew 5% during the last four months of 2016 (September to end December) the company told shareholders in an unaudited and unreviewed release. Comparable store retail sales, however, decreased 0.7% during the period.
Sportsmans Warehouse sales grew 0.5% – but comparable sales dropped 2.3%. Outdoor Warehouse sales, however, grew strongly by 8.4% – 4.3% comparable growth.
The wholesale division (First Ascent, Capestorm, and now also Second Skins and African Nature) performed well during the period and grew sales 46.7%. The external sales increased by 110.8%.
They increased weighted retail trading space by 4.4% compared to the previous corresponding period and price inflation in retail was approximately 8.5%.