Academy Sports and Outdoors, Inc. (ASO) reported mixed fourth-quarter fiscal 2023 results, with earnings missing the Zacks Consensus Estimate and net sales surpassing the same. The top and the bottom lines grew on a year-over-year basis.The results reflect sequential as well as year-over-year increases in comparable sales, attributable to normalizing consumer sentiments and the company’s resilient business initiatives. Also, long-term investment plans and brand image position the company well to witness gro ...

Conroe Texas storeCourtesy Academy SportsAcademy Sports + Outdoors just reported full year fiscal 2023 sales and earnings. Many customers were reluctant to spend a lot of money since inflation and economic uncertainty caused a heavy headwind that negatively impacted sales. The company reported sales of $6,159 million compared to last year’s $6, 395 million. That is a -3.7% decrease. Earnings per share also declined, from $7.49 to $6.70, a -10.5 % decrease.During the year, the company opened 14 new stores an ...

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Q4 2023 Earnings Conference Call March 21, 2024 10:00 AM ET Company Participants Matt Hodges - VP, IR Steve Lawrence - CEO Carl Ford - CFO Conference Call Participants Simeon Gutman - Morgan Stanley Kate McShane - Goldman Sachs Greg Melich - Evercore ISI Chris Horvers - JPMorgan Robbie Ohmes - Bank of America Michael Lasser - UBS Anthony Chukumba - Loop Capital Markets John Heinbockel - Guggenheim Securities Will Gaertner - Wells Fargo Operator Good morning, la ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended February 3, 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) Delaware 85-18009 ...

For the quarter ended January 2024, Academy Sports and Outdoors, Inc. (ASO) reported revenue of $1.79 billion, up 2.8% over the same period last year. EPS came in at $2.21, compared to $2.04 in the year-ago quarter.The reported revenue represents a surprise of +0.59% over the Zacks Consensus Estimate of $1.78 billion. With the consensus EPS estimate being $2.34, the EPS surprise was -5.56%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...

Exhibit 99.1 Academy Sports + Outdoors Reports Fourth Quarter and Fiscal 2023 Results Fourth Quarter Comparable Sales Declined (3.6)%: a +440 Basis Point Increase vs.(8.0%) Third Quarter 2023 Fourth Quarter Diluted GAAP EPS of $2.21; Grew 12.2% over Last Year Company Opened Seven New Stores in Fourth Quarter; 14 New Stores in 2023 Quarterly Dividend Increased by 22% KATY, TEXAS (Globe Newswire — March 21, 2024) – Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") today announced it ...

Fourth Quarter Comparable Sales Declined (3.6)%: a +440 Basis Point Increase vs. (8.0%) Third Quarter 2023 Fourth Quarter Diluted GAAP EPS of $2.21; Grew 12.2% over Last Year Company Opened Seven New Stores in Fourth Quarter; 14 New Stores in 2023 Quarterly Dividend Increased by 22% KATY, Texas, March 21, 2024 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (NASDAQ:ASO) ("Academy" or the "Company") today announced its financial results for the fourth quarter and fiscal year ended February 3, 2024. Fo ...

Key PointsWith one specific stock in mind, Goldman Sachs sees an opportunity in the consumer discretionary sector. Academy Sports and Outdoors is head and shoulders above its peer, Dick's Sporting Goods, when it comes to growth.Twice the upside at half the price, analysts see a higher target for the coming months.5 stocks we like better than Wells Fargo & CompanyPrice action is starting to favor some retail stocks, but not all of them are created equal. Academy Sports and Outdoors Inc. NASDAQ: ASO is a disc ...

Academy Sports and Outdoors, Inc. (ASO) is scheduled to report fourth-quarter fiscal 2023 results on Mar 21. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 15.9%.Q4 EstimatesThe Zacks Consensus Estimate for earnings is pegged at $2.31 per share, indicating growth of 13.2% from the $2.04 reported a year ago.The consensus mark for revenues is pegged at $1.78 billion, suggesting a gain of 1.7% from the year-ago reported figure.Factors to NoteAcademy Sports and Outdo ...

KATY, Texas, March 7, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company" or "Academy") (Nasdaq: ASO) announced today that its Board of Directors declared a quarterly cash dividend with respect to the fiscal quarter ended February 3, 2024 of $0.11 per share of the Company's common stock, a 22% increase from the previous quarterly dividend payment. The dividend is payable on April 18, 2024, to stockholders of record as of the close of business on March 26, 2024. About Academy Sports + Outdo ...