Who owns sportsmans warehouse
Sports have always been a significant part of our lives, and with the increasing popularity of outdoor activities, the demand for high-quality sporting goods has been on the rise. Sportsman’s Warehouse is a one-stop-shop for all your outdoor needs, and it’s no surprise that it has become a go-to destination for many sports enthusiasts. But, have you ever wondered who owns this retail giant? Who is behind the success of Sportsman’s Warehouse? In this article, we’ll explore the ownership of Sportsman’s Warehouse and delve into why it matters to you as a consumer. So, sit back, relax, and let’s dive into the world of Sportsman’s Warehouse.
Who Owns Sportsman’s Warehouse?
When it comes to outdoor gear and equipment, Sportsman’s Warehouse is a top name that comes to mind. It’s a one-stop-shop for everything from hunting rifles to fishing rods, camping gear, and more. But who exactly owns this popular retail chain?
The Early Days of Sportsman’s Warehouse
Sportsman’s Warehouse was founded in 1986 by Bill Hayes. At the time, Hayes was working for Kmart and noticed a gap in the market for a store that specialized in outdoor gear. He opened the first Sportsman’s Warehouse in Midvale, Utah, and it quickly gained popularity among outdoor enthusiasts.
The Expansion of Sportsman’s Warehouse
Over the years, Sportsman’s Warehouse continued to grow and expand. In 2005, the company went public and began trading on the NASDAQ under the symbol SPWH. By 2016, Sportsman’s Warehouse had over 80 stores across the United States.
The Acquisition by Great American Outdoors Group
In 2020, Sportsman’s Warehouse was acquired by the Great American Outdoors Group. This is the same company that owns Bass Pro Shops and Cabela’s, two other popular outdoor retailers. The acquisition was completed for $18 per share, which amounted to a total of $785 million.
The Great American Outdoors Group
The Great American Outdoors Group is a privately held company that was founded by Johnny Morris. Morris is also the founder of Bass Pro Shops, which he started in 1971. Over the years, Morris has grown the company into a massive outdoor retail empire that includes not only Bass Pro Shops but also Cabela’s and now Sportsman’s Warehouse.
The Benefits of the Acquisition
The acquisition of Sportsman’s Warehouse by the Great American Outdoors Group has been seen as a positive move by many in the industry. With the added resources and expertise of the Great American Outdoors Group, Sportsman’s Warehouse is expected to continue to grow and expand. Additionally, customers can expect to see even more high-quality products and services offered at Sportsman’s Warehouse stores.
The Future of Sportsman’s Warehouse
As of now, Sportsman’s Warehouse is continuing to operate as a separate entity under the Great American Outdoors Group. It’s unclear what the future holds for the company, but many in the industry are optimistic about its continued success. With the backing of one of the largest outdoor retail companies in the world, Sportsman’s Warehouse is well-positioned to continue to be a top name in the outdoor retail space for years to come.
The Bottom Line
Sportsman’s Warehouse is a popular outdoor retail chain that has been around for over 30 years. It was founded by Bill Hayes and was recently acquired by the Great American Outdoors Group for $785 million. The Great American Outdoors Group is a privately held company that also owns Bass Pro Shops and Cabela’s. With the added resources and expertise of the Great American Outdoors Group, Sportsman’s Warehouse is expected to continue to grow and expand. While it’s unclear what the future holds for the company, many in the industry are optimistic about its continued success.
Sportsman’s Warehouse is a beloved outdoor retail chain that offers a wide range of high-quality gear and equipment for outdoor enthusiasts. The company was founded by Bill Hayes in 1986, who saw a gap in the market for a store that specialized in outdoor gear. Since then, Sportsman’s Warehouse has grown to become one of the top names in the industry, with over 80 stores across the United States.
In 2020, Sportsman’s Warehouse was acquired by the Great American Outdoors Group, a privately held company that also owns Bass Pro Shops and Cabela’s. The acquisition was seen as a positive move for Sportsman’s Warehouse, as the company gained access to the added resources and expertise of one of the largest outdoor retail companies in the world.
With the backing of the Great American Outdoors Group, Sportsman’s Warehouse is expected to continue to grow and expand. Customers can expect to see even more high-quality products and services offered at Sportsman’s Warehouse stores in the future, as the company continues to evolve and adapt to the needs of its customers.
Despite the acquisition, Sportsman’s Warehouse continues to operate as a separate entity under the Great American Outdoors Group. As such, the future of the company remains unclear. However, many in the industry are optimistic about its continued success, and believe that Sportsman’s Warehouse will remain a top name in the outdoor retail space for years to come.
In conclusion, Sportsman’s Warehouse is a beloved outdoor retail chain that has been around for over 30 years. The company was founded by Bill Hayes and was recently acquired by the Great American Outdoors Group. With the added resources and expertise of the Great American Outdoors Group, Sportsman’s Warehouse is expected to continue to grow and expand. While the future of the company remains unclear, many in the industry are optimistic about its continued success.
Frequently Asked Questions
Who owns Sportsman’s Warehouse?
Sportsman’s Warehouse is currently owned by a private equity firm called Great American Outdoors Group.
What products can I find at Sportsman’s Warehouse?
Sportsman’s Warehouse offers a wide range of products for outdoor enthusiasts, including hunting and fishing gear, camping equipment, firearms, and ammunition. They also sell clothing and footwear for outdoor activities.
Does Sportsman’s Warehouse offer online shopping?
Yes, Sportsman’s Warehouse has an online store where customers can browse and purchase products. They also offer in-store pickup and free shipping on orders over a certain amount.
Key Takeaways
- Sportsman’s Warehouse is owned by Great American Outdoors Group, a private equity firm.
- They offer a wide range of products for outdoor activities, including hunting and fishing gear, camping equipment, firearms, and ammunition.
- Customers can shop online and take advantage of in-store pickup and free shipping on qualifying orders.
In conclusion, Sportsman’s Warehouse is a popular retailer for outdoor enthusiasts offering a variety of products and convenient online shopping options. As it is now owned by Great American Outdoors Group, it will be interesting to see how the company evolves in the future.