Sportsman’s Warehouse Holdings, Inc. (SPWH): A Bull Case Theory

We came across a bullish thesis on Sportsman’s Warehouse Holdings, Inc. (SPWH) on Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on SPWH. Sportsman’s Warehouse Holdings, Inc. (SPWH)'s share was trading at $2.47 as of Dec 18^th. SPWH’s trailing and forward P/E was 4.49 according to Yahoo Finance.

[caption id="attachment_1200936" align="aligncenter" width="1456"] A person fishing in the lake, using the companies fishing equipment to reel in their catch.[/caption]

Sportsman’s Warehouse (SPWH) represents a compelling small-cap value...