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Academy Sports and Outdoors Inc - ASO STOCK NEWS

Welcome to our dedicated news page for Academy Sports and Outdoors (Ticker: ASO), a resource for investors and traders seeking the latest updates and insights on Academy Sports and Outdoors.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Academy Sports and Outdoors's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Academy Sports and Outdoors's position in the market.

Rhea-AI Summary
Academy Sports + Outdoors (ASO) announces the opening of 15-17 new stores in fiscal 2024, starting with locations in Knightdale, North Carolina, and Greenwood, Indiana. The stores offer a wide range of sporting goods, outdoor equipment, apparel, and exclusive private label brands. Customers can enjoy free services like grill and bike assembly, as well as purchase hunting and fishing licenses in-store. Academy aims to provide convenience and value to active families in the communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
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none
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Rhea-AI Summary
Academy Sports and Outdoors, Inc. (ASO) will participate in J.P. Morgan's 10th Annual Retail Round-Up on April 3-4, 2024, in New York. The CEO and CFO will be present for small group meetings and a fireside chat on April 4, 2024, at 11:00am ET. Presentation materials will be accessible on the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
conferences
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Rhea-AI Summary
Academy Sports and Outdoors, Inc. (ASO) reported a 3.6% decline in fourth-quarter comparable sales, with a 440 basis point improvement from the previous quarter. The company achieved a 12.2% growth in diluted GAAP EPS, opened seven new stores in Q4, and increased its quarterly dividend by 22%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.57%
Tags
Rhea-AI Summary
Academy Sports and Outdoors, Inc. (ASO) appoints Monique Picou to the Board of Directors, bringing extensive supply chain and logistics experience from top technology and retail companies. The addition of Picou aims to enhance Academy's supply chain for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
Tags
management
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Rhea-AI Summary
Academy Sports and Outdoors, Inc. (ASO) increases quarterly dividend by 22% to $0.11 per share for the fiscal quarter ended February 3, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
dividends
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Rhea-AI Summary
Academy Sports and Outdoors, Inc. (ASO) to release fourth-quarter and fiscal 2023 financial results on March 21, 2024. Live conference call scheduled to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
Rhea-AI Summary
Academy Sports and Outdoors, Inc. (ASO) appoints Robert Howell as Senior Vice President and Chief Supply Chain Officer. Howell brings 30 years of experience, previously working at Sysco Corporation. He will oversee supply chain operations, distribution centers, and domestic & international logistics, reporting to Sam Johnson, President of Academy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
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none
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Rhea-AI Summary
Academy Sports and Outdoors, Inc. (ASO) appoints Chad Fox as Executive Vice President and Chief Customer Officer. Mr. Fox will oversee omnichannel, marketing, customer insights, and customer care. With 25 years of retail, agency, and consumer packaged goods marketing experience, he aims to strengthen the voice of the customer and improve customer engagement. He previously held leadership roles at Dollar General, Walmart, Tyson Foods, and The Richards Group. Mr. Fox holds a Bachelor of Science and a Master of Business Administration from Texas Tech University and served in the United States Marine Corps Reserve for eight years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
Tags
none
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Rhea-AI Summary
Academy Sports and Outdoors, Inc. (Nasdaq: ASO) reported third-quarter GAAP diluted EPS of $1.31, or $1.38 adjusted diluted EPS. Net sales declined by 6.4%, and comparable sales declined by 8.0%. The company opened five new stores during the third quarter and a total of 14 in 2023. A new $600 million share repurchase program was announced. The company's net income for the third quarter was $100.0 million, a 24.1% decrease from the previous year. Year-to-date net sales declined by 6.1%, and comparable sales declined by 7.6%. The company's long-term debt decreased by 14.6%. Academy also declared a quarterly cash dividend of $0.09 per share of common stock and approved a new $600 million share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
Rhea-AI Summary
Academy Sports + Outdoors (ASO) opened 14 new stores in fiscal 2023, with plans to open 120-140 by 2027. The new stores opened in Tampa Bay, Indianapolis, Austin, West Palm Beach, Christiansburg, Harlingen, and Springfield. Each opening included community donations, grand opening events, and special appearances. Academy offers a wide range of products from top national brands, free services, and exclusive private label brands. Customers can shop in-store, online, or through the mobile app and engage with Academy's social media accounts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
none
Academy Sports and Outdoors Inc

Nasdaq:ASO

ASO Rankings

ASO Stock Data

4.42B
73.11M
2.78%
105.53%
6.31%
Beer, Wine, and Liquor Stores
Retail Trade
Link
United States
Katy

About ASO

about academy sports + outdoors academy sports + outdoors is a $4 billion in sales, premier sports, outdoor and lifestyle retailer with a broad assortment of quality hunting, fishing and camping equipment and gear along with sports and leisure products, footwear, apparel and much more. the texas-based company operates over 200 stores throughout alabama, arkansas, florida, georgia, indiana, kansas, kentucky, louisiana, mississippi, missouri, north carolina, oklahoma, south carolina, tennessee and texas. the academy sports + outdoors philosophy is to deliver an unparalleled shopping experience by providing convenience, offering a broad selection of quality products, delivering exceptional customer service and selling the right stuff at everyday low prices. for more information about academy sports + outdoors visit academy.com, facebook.com/academy, twitter.com/academy, pinterest.com/academy, youtube.com/academy and instagram.com/academy.