Sportsman’s Warehouse Announces Craig McNair as Chief Retail Officer
20 January 2024 - 12:30AM
Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or
the “Company”) (Nasdaq: SPWH) announced today that it has named
Craig McNair as Chief Retail Officer to oversee store operations,
effective January 29, 2024. In his position, McNair will be
responsible for the customer experience, in-store programs,
training and talent development, and driving growth.
“Craig has significant experience working in
retail operations to achieve organizational objectives, resulting
in growth and profitability,” states Paul Stone, Sportsman’s
Warehouse President and Chief Executive Officer. “With his deep
retail experience, he will be focused on building our in-store
culture and programs, providing our customers with a differentiated
experience and creating loyalty and trust. I am pleased to welcome
him to the Sportsman’s team and look forward to working with him as
we transform this great company into the leading outdoor specialty
retailer.”
Mr. McNair has a strong background in retail
operations, most recently serving as Chief Retail Officer at
specialty retailer Batteries Plus Bulbs for over four years. He
also has key leadership experience in the outdoor specialty retail
space, having served in key roles for both Academy Sports +
Outdoors and Cabela’s Inc., where he was responsible for large
regions of stores. He also served in store leadership roles with
Sam’s Club from 1988 to 2016, where he spent over 25 years building
and growing his career.
“As a lifelong store operator, I welcome the
opportunity to bring our stores to life with the unique outdoor
products we sell, while providing our customers best-in-class
service,” states McNair. “It’s exciting to transition my career
back to specialty outdoor retail as it directly aligns with my
personal love of the outdoors. I am honored to join the company at
a critical time to help establish and execute the strategy and
return Sportsman’s Warehouse back to growth.”
About Sportsman’s Warehouse Holdings,
Inc.
Sportsman’s Warehouse Holdings, Inc. is an
outdoor specialty retailer focused on meeting the needs of the
seasoned outdoor veteran, the first-time participant, and everyone
in between. We provide outstanding gear and exceptional service to
inspire outdoor memories.
For press releases and certain additional
information about the Company, visit the Investor Relations section
of the Company's website at www.sportsmans.com.
Forward-Looking Statements
This press release includes forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 as contained in Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking statements in this press release include, but are
not limited to, statements regarding the responsibilities of Mr.
McNair as the Chief Retail Officer and the future growth prospects
and market position of the Company. Investors can identify these
statements by the fact that they use words such as “aim,”
“anticipate,” “assume,” “believe,” “can have,” “could,” “due,”
“estimate,” “expect,” “goal,” “intend,” “likely,” “may,”
“objective,” “plan,” “positioned,” “potential,” “predict,”
“should,” “target,” “will,” “would” and similar terms and phrases.
These forward-looking statements are based on current expectations,
estimates, forecasts, and projections about our business and the
industry in which we operate, and our management’s beliefs and
assumptions. We derive many of our forward-looking statements from
our own operating budgets and forecasts, which are based upon many
detailed assumptions. While we believe that our assumptions are
reasonable, we caution that predicting the impact of known factors
is very difficult, and we cannot anticipate all factors that could
affect our actual results. The Company cannot assure investors that
future developments affecting the Company will be those that it has
anticipated. Actual results may differ materially from these
expectations due to many factors including, but not limited to: the
impact of the announcement of Mr. McNair’s appointment on the
Company’s stock and its employees, suppliers and customers; current
and future government regulations relating to the sale of firearms
and ammunition, which may impact the supply and demand for the
Company’s products and ability to conduct its business; the
Company’s retail-based business model, which is impacted by general
economic and market conditions and economic, market and financial
uncertainties that may cause a decline in consumer spending; the
impact of general macroeconomic conditions, such as labor
shortages, inflation, rising interest rates, economic slowdowns,
recessions or market corrections, liquidity concerns at, and
failures of, banks and other financial institutions, and tightening
credit markets on the Company’s operations; the Company’s
concentration of stores in the Western United States and
related weather conditions; competition in the outdoor activities
and specialty retail market and the potential for increased
competition; changes in consumer demands; the Company’s expansion
into new markets and planned growth; and other factors that are set
forth in the Company's filings with the Securities and Exchange
Commission (the “SEC”), including under the caption “Risk
Factors” in the Company’s Form 10-K for the fiscal year
ended January 28, 2023, which was filed with
the SEC on April 13, 2023, and the Company’s other
public filings made with the SEC and available
at www.sec.gov. If one or more of these risks or uncertainties
materialize, or if any of the Company’s assumptions prove
incorrect, the Company’s actual results may vary in material
respects from those projected in these forward-looking statements.
Any forward-looking statement made by the Company in this press
release speaks only as of the date on which the Company makes it.
The Company undertakes no obligation to publicly update any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as may be required by any
applicable securities laws.
Investor Contact:
Riley TimmerVice President, Investor
RelationsSportsman’s Warehouse(801)
304-2816investors@sportsmans.com
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