Academy Sports & Outdoors (ASO) Stock News

Academy Sports + Outdoors (Nasdaq: ASO) has appointed Brandy Treadway as Executive Vice President, Chief Legal Officer, and Corporate Secretary. In her new role, Treadway will be responsible for overseeing the company's enterprise Legal, Compliance, and Risk Management functions across corporate operations, distribution centers, and retail initiatives.

Treadway brings significant experience from her previous positions, including serving as Chief Legal Officer at RumbleOn, Inc., corporate partner at Martin Powers & Counsel, and Senior Vice President, General Counsel & Secretary at JCPenney. She will report directly to CEO Steve Lawrence.

Academy Sports + Outdoors (ASO) reported Q1 FY2025 results with net sales declining 0.9% to $1.35B and comparable sales down 3.7%. The company saw positive trends with eCommerce sales growing 10.2% and opened five new stores in Pennsylvania, Maryland, Missouri, and North Carolina. Q1 diluted EPS was $0.68, down from $1.01 year-over-year. The company returned $108M to shareholders through $99.9M in share buybacks and $8.7M in dividends. Due to uncertain economic conditions, Academy revised its FY2025 guidance with comparable sales range of -4% to +1%. The company is actively working to mitigate tariff pressures by reducing China exposure from 9% to 6% of total cost of goods sold by year-end. Academy now operates 303 stores across 21 states and plans to open 20-25 new stores in fiscal 2025.

Academy Sports and Outdoors (NASDAQ: ASO) has announced a quarterly cash dividend of $0.13 per share for the fiscal quarter ended May 3, 2025. The dividend will be paid on July 17, 2025, to shareholders who are registered as of the close of business on June 19, 2025. This announcement demonstrates the company's commitment to returning value to shareholders through regular dividend payments.

Academy Sports + Outdoors (ASO) continues its expansion with three new store openings in Q2 2025, located in Fort Walton Beach, FL, Midlothian, VA, and Morgantown, WV. This expansion follows the company surpassing 300 total stores in Q1 2025. The retailer maintains its plan to open 20-25 new stores in fiscal 2025, having already opened 7 stores in 6 states this year, including first-time locations in Pennsylvania and Maryland. The new stores will create approximately 200 jobs across the three locations and offer a wide range of sporting goods, outdoor equipment, and popular brands. The company opened 14 stores in 2023 and 16 stores in 2024, demonstrating consistent growth. Each new location celebrated its opening with community initiatives, including donation shopping sprees with local Boys & Girls Clubs.

Academy Sports and Outdoors (Nasdaq: ASO) has scheduled its first quarter fiscal 2025 financial results announcement for Tuesday, June 10, 2025, before market opening. The company will host a conference call at 10:00 a.m. Eastern Time to discuss the results.

Interested participants can join via phone using 1-877-407-3982 (U.S.) or 1-201-493-6780 (International) with passcode 13753920. The call, earnings release, and related materials will be available through the company's investor website. A replay will be accessible for approximately 30 days through both phone and webcast options.

Academy Sports + Outdoors (Nasdaq: ASO) has announced a new national partnership with Boys & Girls Clubs of America to enhance sports accessibility in underserved communities across the country. The initiative will support over 5,400 Clubs serving more than 3 million young people annually.

Through this collaboration, Academy will provide 'Intro to Sport' kits containing seasonal sports equipment and coaching instructions. The company will also host shopping sprees at local Boys & Girls Clubs throughout the year, offering back-to-school essentials, holiday gifts, and sports gear.

The partnership launched with shopping sprees during Academy's new store celebrations, featuring NFL linebacker Micah Parsons in Harrisburg and University of Pittsburgh running back Juelz Goff in York, Pennsylvania, each taking 100 children shopping.

Academy Sports + Outdoors (Nasdaq: ASO) has announced a multi-year partnership with Babe Ruth League, becoming their Official Sporting Goods Retailer starting in 2025. The collaboration aims to support youth baseball and softball development across the country.

Through this partnership, Babe Ruth League athletes, coaches, and families will receive exclusive benefits and access to high-quality sporting goods, equipment, and apparel from Academy. The initiative includes equipment support and special promotions to ensure young athletes have necessary resources.

The partnership aligns with Academy's commitment to supporting local communities and increasing youth sports participation. Babe Ruth League currently serves more than one million players nationwide, focusing on skills development, sportsmanship, and fair play.

Academy Sports and Outdoors (Nasdaq: ASO) has announced its participation in the upcoming J.P. Morgan Retail Roundup Conference in New York from April 2-3, 2025. CEO Steve Lawrence and CFO Carl Ford will engage in a fireside chat on April 2, 2025, at 8:00 a.m. Eastern Time.

The event will be accessible through a live webcast, with a 30-day replay available on the company's investor relations website at investors.academy.com. Academy, established in 1938 as a family business in Texas, has expanded to over 300 stores across 21 states, focusing on outdoor, apparel, sports & recreation, and footwear categories through national and private label brands.

Academy Sports + Outdoors (Nasdaq: ASO) has reached a significant milestone by surpassing 300 stores, marking its entry into Pennsylvania and Maryland with new locations in York, Harrisburg, and Hagerstown. The company has also opened a store in Kansas City, Mo., with another planned in Charlotte, N.C.

The retailer plans to open 20-25 new stores in fiscal 2025, expanding its presence to 21 states. This follows the company's successful expansion in 2023 and 2024, during which they opened 14 and 16 new stores respectively. The five new stores are expected to create approximately 300 jobs across their local communities.

Each store offers a comprehensive range of sporting goods, including apparel, footwear, sports equipment, and outdoor gear from leading national brands and private labels such as Magellan Outdoors, Freely, and R.O.W. The company also provides free services like grill and bike assembly, scope mounting, and propane exchange.