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.
News about Academy Sports and Outdoors, Inc. (ASO) centers on its role as a full-line sporting goods and outdoor recreation retailer and on the progress of its growth strategy. The company regularly issues updates on financial performance, store expansion, capital allocation, and community initiatives, giving investors and followers insight into how it executes its mission of providing “Fun for All.”
Academy’s earnings releases and related announcements discuss quarterly and year-to-date results, comparable sales trends, e-commerce growth, and guidance updates. These news items often highlight new store openings across its more than 300-store footprint in 21 states, along with commentary from leadership on strategic priorities such as store productivity, digital investments, and value-focused merchandising.
Another recurring theme in Academy’s news is community engagement. The company reports on charitable giving events, donation shopping sprees, and partnerships with organizations including Boys & Girls Clubs of America and other local groups. Seasonal announcements describe holiday campaigns, curated gift assortments, and promotional activity designed to help families enjoy sports and outdoor experiences on a budget.
Corporate governance and capital allocation developments also appear in Academy’s news flow, including board appointments, quarterly cash dividend declarations, and conference call details for financial results. Together, these updates provide a view into how Academy manages its operations, invests in growth, and interacts with customers and communities.
For anyone tracking ASO, this news stream offers context on the company’s retail performance, expansion into new markets, and ongoing efforts to strengthen both its store base and digital presence.
Academy Sports + Outdoors (ASO) reported its Q4 and fiscal 2024 results, showing a -3.0% decline in comparable sales, though marking a 190 basis point improvement from Q3 2024. The company achieved Q4 diluted GAAP EPS of $1.89, exceeding the midpoint of updated guidance.
Key announcements include the launch of Jordan Brand in 145 stores and online starting late April, and an 18% increase in quarterly dividend to $0.13 per share. Academy opened 5 new stores in Q4, totaling 16 new locations in 2024, with plans to open 20-25 new stores in 2025.
The company expects Q1 2025 to be challenging due to store openings and Jordan floor set transition, with improvements anticipated from Q2 onward. Management remains focused on growth strategies including new store openings, omnichannel experience enhancement, and supply chain optimization.
Academy Sports and Outdoors (Nasdaq: ASO) has announced an increase in its quarterly cash dividend. The company's Board of Directors declared a quarterly dividend of $0.13 per share for the fiscal quarter ended February 1, 2025, representing an 18% increase from the previous quarterly payment.
The dividend will be payable on April 17, 2025, to stockholders of record as of the close of business on March 25, 2025.
Academy Sports + Outdoors (Nasdaq: ASO) has announced the appointment of Sumit Anand as Executive Vice President and Chief Information Officer. In his new role, Anand will be responsible for overseeing all enterprise technology operations, including cybersecurity, IT infrastructure and operations, and IT shared services that support the company's corporate, distribution center, and retail initiatives.
Anand brings significant experience from his previous positions, including roles as Chief Information Officer and Head of Strategy at At Home in Dallas, and as Senior Vice President of Business and Technology Transformation at Signet Jewelers. He also held leadership positions at Accenture. Anand, who joined Academy in March 2025, reports directly to CEO Steve Lawrence.
Academy Sports and Outdoors (Nasdaq: ASO) has scheduled its fourth quarter and fiscal 2024 financial results announcement for Thursday, March 20, 2025, before market opening. The company will host a conference call at 10:00 a.m. Eastern Time to discuss the results.
Investors can access the live call by dialing 1-877-407-3982 (U.S.) or 1-201-493-6780 (International) using passcode 13751956. A webcast will be available on investors.academy.com. A replay of the call will be accessible for approximately 30 days via phone (1-844-512-2921 U.S., 1-412-317-6671 International) using the same passcode, and the webcast recording will be archived on the company's investor website.
Academy Sports + Outdoors (ASO) reported third quarter 2024 results with net sales declining 3.9% to $1.34 billion and comparable sales falling 4.9%. The company's net income decreased 34.2% to $65.8 million, with diluted EPS of $0.92. Despite challenges, the Outdoor division saw a 7% sales increase, and the company opened 16 new stores in fiscal 2024.
The company narrowed its fiscal 2024 guidance, projecting net sales between $5.89B and $5.94B. The Board authorized a new $700 million share repurchase program and declared a quarterly dividend of $0.11 per share. Academy plans to open 20-25 new stores in fiscal 2025, representing approximately 7.5% annual unit growth.
Academy Sports and Outdoors (Nasdaq: ASO) has announced two significant shareholder initiatives. The company's Board of Directors has approved a new $700 million share repurchase program, replacing the previous program which had $423 million remaining. The new program will be effective from December 4, 2024, for three years. Additionally, the Board declared a quarterly cash dividend of $0.11 per share for the fiscal quarter ended November 2, 2024, payable on January 15, 2025, to stockholders of record as of December 18, 2024.
Academy Sports and Outdoors (ASO) has announced two significant shareholder initiatives. First, the Board of Directors approved a new $700 million share repurchase program, replacing the previous program which had $423 million remaining. The new program will be effective from December 4, 2024, for three years. Second, the company declared a quarterly cash dividend of $0.11 per share for the fiscal quarter ended November 2, 2024, payable on January 15, 2025, to stockholders of record as of December 18, 2024.
Academy Sports + Outdoors (Nasdaq: ASO) concluded 2024 with five new store openings in Bradenton and Yulee, Florida; Searcy, Arkansas; Meridian, Mississippi; and Corsicana, Texas. The company expanded its footprint with a total of 16 new stores across 10 states in 2024, including its first locations in Ohio. Academy donated over $25,000 to local non-profits in these communities. The stores offer sporting goods, outdoor recreation equipment, apparel, and footwear from national brands and private labels, along with free services like grill assembly and scope mounting.
Academy Sports and Outdoors (Nasdaq: ASO) has announced its upcoming third quarter fiscal 2024 financial results release, scheduled for Tuesday, December 10, 2024, before market opening. The company will host a live conference call at 10:00 a.m. Eastern Time to discuss the results. Investors can join via phone (1-877-407-3982 U.S. or 1-201-493-6780 International) using passcode 13750156, or through the webcast at investors.academy.com. Both the telephonic replay and webcast recording will be available for approximately 30 days after the call.
Academy Sports + Outdoors (Nasdaq: ASO) reported its Q2 2024 financial results, showing a 2.2% decline in net sales to $1,549.0 million and comparable sales of -6.9%. The company's GAAP diluted EPS was $1.95, while adjusted diluted EPS reached $2.03. Despite challenges, Academy saw a 50 basis point expansion in gross margin and a 5% reduction in inventory units per store. The company opened one new store in Q2 and plans to open 15-17 stores in 2024. Academy revised its fiscal 2024 guidance, now expecting net sales between $5,895.0 million and $6,075.0 million, with comparable sales ranging from -6.0% to -3.0%. The company maintains a strong balance sheet and cash flow generation, which it plans to deploy towards its capital allocation strategy.