With just three weeks left in the year (as of this writing), the S&P 500 is up nearly 27% in 2024. To illustrate how great this gain is, if someone invested $10,000 and gained 27% annually, they'd have over $100,000 in just 10 years. In short, 2024 was a great year to earn merely "average" stock market returns.But, alas, not all stocks are performing as well as the average for the stock market. This includes shoe company Crocs (CROX -1.08%), sporting goods retailer Academy Sports and Outdoors (ASO 1.90%), a ...

Academy Sports & Outdoors (NASDAQ: ASO ) just reported Q3 earnings . This report was particularly interesting because Academy is a stock with a two-fold narrative. On one side, it is a sporting goods and outdoor recreationI focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitability is a ...

I consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of competent, ethical, and long-term thinkers; with a fair valuationAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions ...

Academy Sports and Outdoors, Inc. (ASO) reported third-quarter fiscal 2024 (ended Nov. 2) results, with both top and bottom lines missing the Zacks Consensus Estimate. Both metrics also declined year over year.The sales decline for the fiscal quarter was largely caused by challenges in October, which proved to be a tough month for the company. Unseasonably warm weather persisted throughout the month across its operating regions, negatively impacting seasonal business performance and contributing to an estim ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended November 2, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________. Commission File No. 001-39589 Academy Sports and Outdoors, Inc. (Exact name of registrant as specified in its charter) (State or ...

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Q3 2024 Earnings Conference Call December 10, 2024 10:00 AM ET Company Participants Brad Morris - Director, Strategic Initiatives Steve Lawrence - Chief Executive Officer Carl Ford - Chief Financial Officer Conference Call Participants Emily Ghosh - Goldman Sachs Robby Ohmes - Bank of America Michael Lasser - UBS Anthony Chukumba - Loop Capital Markets Simeon Gutman - Morgan Stanley Anna Glaessgen - B. Riley Operator Good morning, and welcome to Academy Sports ...

Exhibit 99.1 Academy Sports + Outdoors Reports Third Quarter 2024 Results Net Sales Decline (3.9)%; Comparable Sales of (4.9)% 1 GAAP Diluted EPS of $0.92, or $0.98 Adjusted Diluted EPS 1 Year-to-Date GAAP Operating Cash Flow +29%; Year-to-Date Adjusted Free Cash Flow +67% vs LY Authorizes New $700 Million Share Repurchase Program Plans to Open 20 to 25 New Stores in Fiscal 2025 KATY, TEXAS (Globe Newswire — December 10, 2024) – Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") to ...

KATY, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- This press release is being issued to replace in its entirety a press release issued earlier today that contained a typographical error regarding the remaining availability under the preceding share repurchase program. Academy Sports and Outdoors, Inc. (the “Company” or “Academy”) (Nasdaq: ASO) announced today that its Board of Directors approved a new share repurchase program authorizing the Company to repurchase up to $700 million of its outstanding common st ...

KATY, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (the “Company” or “Academy”) (Nasdaq: ASO) announced today that its Board of Directors approved a new share repurchase program authorizing the Company to repurchase up to $700 million of its outstanding common stock. This new share repurchase program replaces the preceding share repurchase program, of which $423 million remained at the time this new program was approved, and is effective as of December 4, 2024, for a period of ...

Academy Sports and Outdoors, Inc. (ASO) has opened five new stores across the United States. This brings the fiscal 2024 new location count to 16, which is within its expected range of 15-17 new store openings.The newly opened store locations include Bradenton and Yulee, FL; Searcy, AR; Meridian, MS and Corsicana, TX. These five openings concluded the company’s fiscal 2024 footprint expansion. During the year, it started expanding from Ohio leading across 10 different states in the country.Every newly opene ...