Company Performance: Sportsman's Warehouse's (SPWH) financial results, including revenue, earnings per share (EPS), and same-store sales, significantly impact its stock price. Positive performance typically drives the price up, while negative results can lead to a decline.

Outdoor Recreation Trends: The overall health and popularity of outdoor activities like hunting, fishing, camping, and shooting sports influence demand for Sportsman's Warehouse's products. Growing participation in these activities can boost sales and the stock price.

Consumer Spending: Consumer confidence and disposable income levels directly affect spending on discretionary items like sporting goods. Strong consumer spending generally benefits SPWH, while economic downturns can negatively impact sales and the stock price.

Competition: The competitive landscape, including the presence of other sporting goods retailers (e.g., Bass Pro Shops, Cabela's) and online marketplaces (e.g., Amazon), affects SPWH's market share and pricing power. Increased competition can put pressure on margins and the stock price.

Supply Chain Disruptions: Disruptions to the global supply chain, such as raw material shortages or shipping delays, can impact SPWH's ability to procure products and maintain inventory levels. These disruptions can lead to higher costs and lower sales, negatively affecting the stock price.

Government Regulations: Regulations related to firearms, ammunition, and hunting can impact demand for certain products sold by Sportsman's Warehouse. Changes in these regulations can significantly affect sales and the stock price.

Commodity Prices: The prices of commodities used in the manufacturing of sporting goods, such as steel, aluminum, and plastics, can affect SPWH's cost of goods sold. Rising commodity prices can squeeze margins and potentially lower the stock price.

Interest Rates: Changes in interest rates can affect consumer borrowing costs and spending. Higher interest rates may dampen consumer demand for discretionary items, potentially impacting SPWH's sales and stock price.

Inflation: High inflation erodes consumer purchasing power, potentially leading to reduced spending on discretionary goods. This can negatively impact SPWH's sales and stock price.