Management's Perspective Paul Stone, President and CEO, expressed optimism about the company's transformation strategy, highlighting the effectiveness of their approach in driving profitable long-term growth. CFO Jennifer Fall Jung emphasized the company's deliberate and disciplined approach to inventory management and margin improvement. Future Outlook For fiscal year 2025, the company expects net sales to be in the range of flat to up 3.5% and reaffirmed its adjusted EBITDA guidance of $33 million to $45 million. Capital expenditures are anticipated to be between $20 million and $25 million, primarily for technology investments and store maintenance. The company plans to open one new store in November 2025 in Surprise, Arizona. SEC Filing: SPORTSMAN'S WAREHOUSE HOLDINGS, INC. [ SPWH ] - 8-K - Sep. 04, 2025