Advan Notable Hits: Sportsman's Warehouse Holdings, Inc. (SPWH)

Notable Hit: (SPWH:NASDAQ) On Wednesday March 29, 2022 Sportsman's Warehouse Holdings, Inc. (SPWH) posted better-than-expected revenues of $416.29mm surpassing the consensus estimate of $406.78mm or by +2.3% and in the same direction as Advan's forecasted sales. The revenue was down -5% YoY and in line with Advan's foot traffic data decrease of -5.5% YoY in the retailer's store locations for Q4 2021. Advan's footfall data has a correlation of 0.92 on a YoY basis with SPWH's top-line revenue over the last 13 quarters.

Advan Hits: SPWH correlation traffic vs revenue

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About Advan

Advan is the leader in the financial and real estate industries, enabling participants to analyze foot traffic data across multiple sectors, including retail, hospitality, consumer services, energy, technology, healthcare, REITS, financials and others. Advan derives its datasets using multi parameter models that analyze cellphone location data crossed with curated geofenced areas.

Top tier institutional investors spanning from quantitative hedge funds to fundamental asset managers have been the main consumers of Advan’s products.