Academy Sports + Outdoors Continues to Expand Footprint in Q2 with Three New Locations

Rhea-AI Summary

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.

Positive

• Continued expansion with 3 new store openings in Q2 2025, maintaining growth plan of 20-25 new stores for the year
• Creation of approximately 200 new jobs across the three new locations
• Successful expansion track record with 14 stores in 2023 and 16 stores in 2024
• Geographic diversification with first-time entry into Pennsylvania and Maryland markets in 2025
• Strong community engagement through partnerships with local non-profit organizations

Negative

• None.

Retailer aims to provide fun for all, sustains plan to open 20-25 new stores in fiscal 2025

KATY, Texas, June 3, 2025 /PRNewswire/ -- Academy Sports + Outdoors ("Academy" or the "Company") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce it has opened two new locations in Fort Walton Beach, Fla. and Midlothian, Va.; and will open another new store in Morgantown, W.Va. later this month. The openings come on the heels of the retailer surpassing 300 total stores in Q1 and reinforces its commitment to bringing a broad assortment of quality sporting goods and outdoor gear to more families across the country.

"Just in time for summer, Academy Sports + Outdoors is thrilled to provide customers a destination for the whole family that makes pursuing their sports and outdoors passions easy and affordable," said Eric Friederich, Senior Vice President of Retail Operations at Academy Sports + Outdoors. "As we continue to expand our national footprint, Academy is excited to be the new go-to destination in these communities for customers looking for the top brands at a great value."

2025 Q2 New Store Opening Locations

Fort Walton Beach, Florida

Midlothian, Virginia

Morgantown, West Virginia

As part of Academy's focus on local communities, the Company celebrated each new store by hosting donation shopping sprees with local non-profit organizations including Boys & Girls Clubs of The Emerald Coast and Boys & Girls Clubs of Metro Richmond in Fort Walton Beach and Midlothian, respectively. Each location also celebrated its grand opening with exclusive deals and giveaways, a ribbon cutting ceremony, and fun for the entire family.

"Academy Sports + Outdoors' generous donations have already made a significant impact in our local community by not only providing essential equipment but also breaking down financial barriers that often prevent kids from participating in sports and outdoor activities," said Shervin Rassa, CEO of the Boys & Girls Clubs of the Emerald Coast. "This support directly enhances our Triple Play program, which promotes daily physical activity and an overall healthy lifestyle. We are excited to continue our partnership by helping more young people stay active, build confidence, and enjoy sports and outdoor fun."

Continuing on its journey to becoming the best sports and outdoors retailer in the country, Academy opened a total of 14 new stores across six different states in 2023. The following year, in 2024, Academy's expansion efforts resulted in 16 new stores in 10 different states, including its first locations in Ohio. So far in 2025, Academy has opened 7 new stores in 6 states including its first stores in Pennsylvania and Maryland.

Every Academy store is a fun destination where families can find apparel, footwear, sports, hiking and camping equipment, hunting and fishing gear, outdoor cooking, and more from top national brands at an everyday value. Academy also offers free services such as grill and bike assembly, scope mounting, bore sighting, line winding/spooling, and propane exchange. Hunting and fishing licenses are also available to purchase in stores.

Additionally, Academy offers tremendous value and quality through its exclusive, private label brands such as Magellan Outdoors, Freely, R.O.W., BCG, H2OX, Redfield, and Mosaic, which offer great choices for outdoor apparel and equipment for the entire family, women's and men's apparel, workout attire, fishing equipment, hunting optics and accessories, and outdoor furniture, respectively.

Customers can also shop a great assortment of athletic and casual shoes, sports and outdoors equipment, and clothing from top national brands such as Nike, adidas, L.L.Bean, Carhartt, YETI, Stanley, Marucci, Titleist, Shimano, Brooks, Blackstone, Owala and more, in-store, online, and through the Academy mobile app.

Customers are invited to sign-up for Academy's rewards program, myAcademy, which includes a 10% welcome offer, lower free shipping minimum ($25), insider access to personalized offers, deals and products, faster online and in-app checkout, and an annual birthday reward. See Terms for more details.

Combined, the three new stores are expected to bring nearly 200 total new jobs to their local communities. Individuals interested in careers at Academy can visit careers.academy.com to apply for open positions.

About Academy Sports + Outdoors
Academy is a leading full-line sporting goods and outdoor recreation retailer in the United States. Originally founded in 1938 as a family business in Texas, Academy has grown to more than 300 stores across 21 states and counting. Academy's mission is to provide "Fun for All" and Academy fulfills this mission with a localized merchandising strategy and value proposition that strongly connects with a broad range of consumers. Academy's product assortment focuses on key categories of outdoor, apparel, sports & recreation and footwear through both leading national brands and a portfolio of private label brands. For more information, visit www.academy.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Academy's current expectations and are not guarantees of future performance. Forward-looking statements may incorporate words such as "believe," "expect," "anticipate," "forward," "ahead," "opportunities," "plans," "priorities," "goals," "future," "short/long term," "will," "should," or the negative version of these words or other comparable words.  Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory and other factors, many of which are beyond Academy's control. These and other important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in Academy's filings with the U.S. Securities and Exchange Commission (the "SEC"), including Academy's Annual Report on Form 10-K under the caption "Part 1A.Risk Factors," as may be updated from time to time in our periodic filings with the SEC. Any forward-looking statement in this press release speaks only as of the date of this release. Academy undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Media Contact: Shane Carlisle, Public Relations Manager, shane.carlisle@academy.com 

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SOURCE Academy Sports + Outdoors

FAQ

How many new stores is Academy Sports + Outdoors (ASO) planning to open in 2025?

Academy Sports + Outdoors plans to open 20-25 new stores in fiscal 2025, with 7 stores already opened in 6 states including first-time locations in Pennsylvania and Maryland.

Where are Academy Sports + Outdoors' new Q2 2025 store locations?

The new Q2 2025 store locations are in Fort Walton Beach, Florida; Midlothian, Virginia; and Morgantown, West Virginia.

How many jobs will Academy Sports + Outdoors' new Q2 2025 stores create?

The three new stores are expected to create nearly 200 total new jobs across their local communities.

What is Academy Sports + Outdoors' recent store expansion history?

Academy opened 14 stores across six states in 2023, followed by 16 stores in 10 states in 2024, and has opened 7 stores in 6 states so far in 2025.

What benefits does Academy Sports + Outdoors' myAcademy rewards program offer?

The myAcademy rewards program offers a 10% welcome offer, lower free shipping minimum ($25), insider access to personalized offers, deals and products, faster checkout, and an annual birthday reward.