Academy(US:ASO)2025-06-30 11:18Financial Performance - Academy Sports + Outdoors delivered the best third quarter financial results in the Company's history[8] - Net sales reached $1.59 billion in Q3 2021[9] - Gross margin was $560.8 million with a rate of 35.2% in Q3 2021[10] - Pro Forma Adjusted Net Income was $164.1 million in Q3 2021[15] - Pro Forma Adjusted Diluted EPS was $1.75 in Q3 2021[15] Sales Growth - Comparable sales increased by 16.5% in Q3 2021, marking the ninth consecutive quarter of positive comparable sales[11] - E-commerce sales grew by 25.9% compared to Q3 FY2020 and 146.6% compared to Q3 FY2019[22, 24] - Sales penetration in e-commerce was 8.0% in Q3 2021, compared to 7.5% in Q3 2020 and 4.5% in Q3 2019[25] Capital Allocation and Guidance - The Company repurchased and retired 5.7 million shares for approximately $250 million during the quarter[18] - Year-to-date, the Company has repurchased 8.9 million shares for approximately $350 million[18] - The Company raises full-year comparable sales forecast from 14% to 17% to 17% to 18%[29]