Welcome to our dedicated page for Academy Sports & Outdoors news (Ticker: ASO), a resource for investors and traders seeking the latest updates and insights on Academy Sports & Outdoors stock.
Academy Sports and Outdoors, Inc. reports developments tied to its U.S. sporting goods and outdoor recreation retail business. Company news commonly covers sales trends, comparable sales, earnings releases, store growth, merchandising strategy, and product categories such as outdoor, apparel, sports and recreation, and footwear.
Updates also include management presentations on long-term strategy, loyalty and credit-card program initiatives such as myAcademy Rewards, dividend actions, and capital-structure activity involving senior secured debt. The company’s disclosures frame Academy as an omnichannel retailer using national brands, private label brands, and localized merchandising to serve a broad consumer base.
Academy Sports and Outdoors (NASDAQ: ASO) has donated $1 million to St. Jude Children's Research Hospital. This initiative marks the third consecutive year of collaboration, featuring uniquely designed holiday t-shirts where a portion of proceeds supports St. Jude. The 2022 program saw a double increase in proceeds compared to the previous year, bringing Academy's total donations to $1.65 million since 2020. Eli Getson, Senior VP at Academy, emphasized the company's commitment to giving back, while St. Jude's CEO highlighted the partnership's creative impact on children's lives. The t-shirts were available exclusively at Academy's 268 stores and online.
Academy Sports and Outdoors (ASO) will host its inaugural Analyst + Investor Event on April 3-4, 2023. The event features a store walk on April 3, followed by a management dinner. On April 4, a presentation of the company's long-range strategy will be conducted at its Katy, Texas headquarters. The presentation will start at 7:30 a.m. Central Time, and a second store tour will be available later for interested attendees. Capacity for in-person attendance is limited and by invitation only. A live webcast of the presentation will be available on the company’s website, with materials posted afterwards.
Academy Sports and Outdoors, Inc. (ASO) reported its fiscal 2022 results, revealing a record GAAP diluted EPS of $7.49 and adjusted diluted EPS of $7.70. However, net sales decreased by 5.6% to $6.40 billion, with comparable sales declining 6.4%. In Q4, GAAP diluted EPS rose to $1.97, a 25.5% increase, while comparable sales dropped 5.1%. The company increased its dividend by 20% and plans to open 13-15 new stores in 2023, anticipating net sales between $6.5 and $6.7 billion. Academy aims for top-line growth amidst economic challenges, with a focus on e-commerce and supply chain improvement.
Academy Sports and Outdoors (ASO) has declared a cash dividend of $0.09 per share for the fiscal quarter ending January 28, 2023, marking a 20% increase from the previous quarter. The dividend will be paid on April 13, 2023, to shareholders recorded by the close of business on March 23, 2023. This decision reflects the company's commitment to returning value to its shareholders amidst its growth strategy, as Academy operates 268 stores across 18 states in the U.S.
Academy Sports and Outdoors, Inc. (ASO) will release its fourth quarter and fiscal 2022 financial results before the market opens on March 16, 2023. A live conference call is scheduled for 10:00 a.m. ET to discuss the results, with access available via phone and webcast. Founded in 1938 in Texas, Academy operates 268 stores across 18 states, focusing on outdoor, apparel, sports & recreation, and footwear products. The retailer aims to provide a localized shopping experience with a broad range of national and private label brands. For further details, visit www.academy.com.
Academy Sports and Outdoors, Inc. (ASO) will open its first store in Lafayette, Indiana, in spring 2023, marking its fourth location in the state. The new store, covering over 60,000 square feet, aims to provide a wide assortment of apparel, footwear, and sporting goods. Academy plans to expand further, targeting 80 to 100 new stores by 2026. This location is also expected to create about 60 new jobs and will offer services like buy online pick-up in store. The company focuses on community engagement through local sports programs and aims to deliver exceptional value and service.
Academy Sports and Outdoors reported a third-quarter diluted EPS of $1.62, decreasing by 5.8% from last year. Net sales fell to $1.49 billion, down 6.2%, with comparable sales declining 7.2%. Despite these declines, e-commerce sales rose 10.5% year-over-year. The company raised its full-year EPS guidance, predicting a diluted EPS between $7.25 and $7.40. During the quarter, Academy opened four new stores, totaling 268 stores overall and projecting 80-100 new openings over the next five years.
Academy Sports and Outdoors, Inc. (ASO) has declared a cash dividend of $0.075 per share for the fiscal quarter ending October 29, 2022. The dividend payment will be made on January 13, 2023, to stockholders who are on record by the close of business on December 20, 2022. This announcement reflects the company's ongoing commitment to return value to its shareholders while maintaining a robust financial position.
Academy Sports and Outdoors, Inc. (ASO) will announce its third quarter fiscal 2022 financial results on December 7, 2022, prior to market opening. The company will host a live conference call at 10:00 a.m. Eastern Time to discuss these results. Interested participants can join by calling 1-877-407-3982 (U.S.) or 1-201-493-6780 (International). A replay will be available for 30 days. Academy, founded in 1938, operates 268 stores across 18 states, focusing on sporting goods and outdoor recreation.
Academy Sports + Outdoors has announced the opening of two new stores in Barboursville, West Virginia, and Pinellas Park, Florida, marking the company's expansion into new markets. The Barboursville location spans over 60,000 square feet, while the Pinellas Park store is 50,000 square feet. Both stores aim to cater to local communities with an extensive range of sports and outdoor merchandise, enhancing Academy's footprint as it targets 80 to 100 new locations in the next five years. Grand opening events will take place from November 18 to 20, 2022, featuring exclusive deals and community activities.