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Fly News Breaks for October 2, 2019
SPWH
Oct 2, 2019 | 06:08 EDT
Piper Jaffray analyst Peter Keith raised his price target for Sportsman's Warehouse (SPWH) to $8 from $7 after the company announced it will be acquiring eight Field & Stream stores from Dick's Sporting Goods (DKS), with the transaction expected to close in mid-October. The analyst views the deal as a win for Sportsman's Warehouse, saying it should be accretive to 2020 earnings and that the acquired store economics "appear very favorable." Keith reiterates an Overweight rating on shares of Sportsman's Warehouse.
News For SPWH From the Last 2 Days
SPWH
Apr 17, 2024 | 08:35 EDT
Sportsman's Warehouse Holdings announced that Erica Fortune, Gregory Hickey and Philip Williamson have each notified the Board of Directors of their intention to resign as a member of the Board prior to the commencement of the Company's 2024 Annual Meeting of Stockholders. Upon the effectiveness of these resignations, the Board will reduce its size from nine to six members. Following these anticipated changes, half of the Company's Board will have been added within the past year.
