XML 27 R17.htm IDEA: XBRL DOCUMENT v3.23.1
Commitments and Contingencies
3 Months Ended
Apr. 29, 2023
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies

(11) Commitments and Contingencies

Legal Matters

The Company is involved in various legal matters generally incidental to its business. After discussion with legal counsel, management is not aware of any matters for which the likelihood of a loss is probable and reasonably estimable and which could have a material impact on its consolidated financial condition, liquidity, or results of operations.

 

TMS McCarthy, LP, Etc., Pltf. v. Sportsman’s Warehouse Southwest, Inc. Etc. Et Al., Dfts.- On June 23, 2020 TMS McCarthy, LP (“TMS McCarthy”) filed a complaint in the Superior Court of the State of California for the County of Santa Clara against Sportsman’s Warehouse Southwest, Inc., a wholly owned subsidiary of Sportsman’s

Warehouse Holdings Inc., claiming the Company wrongfully terminated the lease relating to one of its stores. During the 13 weeks ended April 29, 2023, the Company entered into a settlement agreement with TMS McCarthy to settle the lawsuit. As part of the settlement agreement, the Company made a one-time payment to TMS McCarthy during the 13 weeks ended April 29, 2023 in the amount of $2,087. TMS McCarthy agreed to dismiss all claims in the litigation.