Sportsman's Warehouse Holdings Inc
SPWH
Consumer Discretionary
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Sportsman's Warehouse Holdings Inc. is a major outdoor sporting goods retailer whose core business model is built around the sale of equipment designed for hunting and fishing. The company's product assortment includes firearms, ammunition, archery equipment, and fishing gear specifically intended for the killing of animals at scale. This commercial activity directly facilitates and profits from the exploitation of wildlife.
While the provided evidence from Cruelty Free Investors lists the company under "No Animal Exploitation," this assessment appears to conflict with the fundamental nature of the company's primary merchandise. The company's public filings and marketing materials consistently emphasize its identity as a hunting and fishing outfitter, indicating revenue is materially derived from products whose sole purpose is to exploit animals.
Research Sources
1 organization
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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