Academy Sports & Outdoors, Inc. Stock Price, News & Analysis

Academy Sports and Outdoors, Inc. (ASO) has declared a quarterly cash dividend of $0.075 per share for the fiscal quarter ending July 30, 2022. This dividend will be payable on October 13, 2022, to stockholders of record as of the close of business on September 15, 2022. The company continues to demonstrate its commitment to returning value to shareholders amidst a competitive retail landscape.

Academy Sports and Outdoors, Inc. (NASDAQ: ASO) will participate in the 2022 Goldman Sachs Annual Global Retailing Conference on September 8, 2022, at 2:30 p.m. ET. The event will include a fireside chat featuring Ken Hicks, Chairman and CEO, and Michael Mullican, EVP and CFO. Investors can access the live webcast and replay at investors.academy.com for 30 days post-event. Academy is a prominent U.S. sporting goods retailer with 263 stores across 17 states, emphasizing a value-driven approach to a diverse range of outdoor and sports products.

Academy Sports and Outdoors plans to release its second quarter fiscal 2022 financial results on September 7, 2022, before market opening. A live conference call will be held at 10:00 a.m. ET to discuss these results, available by dialing 1-877-407-3982 (U.S.) or 1-201-493-6780 (International), with a passcode of 13732261. The call will also be accessible via webcast on their website. A replay of the call will be available for 30 days.

Academy Sports + Outdoors (Nasdaq: ASO) has opened its 20th store in Georgia, located in Atlanta at 130 Perimeter Center West. This new 50,200 square-foot store is part of Academy's expansion plan, aiming to open 80 to 100 new locations within five years. The grand opening event will feature giveaways and meet-and-greets with local sports figures. This new outlet will offer top brands and exclusive private label products, continuing Academy's commitment to providing accessible sporting goods.

Academy Sports + Outdoors (Nasdaq: ASO) announces the opening of its first store in Richmond, Virginia, on August 19-21, 2022. This 58,075 square-foot location is the third of nine planned openings for the year. Academy aims to expand significantly, with plans for 80 to 100 new stores over the next five years. The store will feature a variety of sports and outdoor merchandise, including popular brands and exclusive private label offerings. Customers can expect grand opening festivities and special deals.

Academy Sports + Outdoors (Nasdaq: ASO) has opened its 13th store in Florida, located in Panama City. This new 55,000 square-foot store will create approximately 60 jobs and is part of the company's plan to open nine new stores this year, with a goal of expanding by 80 to 100 stores over the next five years. The grand opening event will occur from July 29 to July 31, featuring exclusive deals and activities. The store will offer a wide range of sporting goods and outdoor equipment from renowned brands, alongside Academy’s exclusive product lines.

Academy Sports and Outdoors (Nasdaq: ASO) has appointed Theresa E. Palermo to its Board of Directors, expanding the board to nine members. Palermo, a seasoned marketing and eCommerce executive, brings over 20 years of experience from notable companies like Signet Jewelers and Neiman Marcus. Her appointment is expected to enhance Academy's marketing efforts and eCommerce growth as the company enters a significant growth phase. Academy operates 260 stores across 16 states, focusing on providing diverse sporting goods and outdoor recreation products.

Academy Sports and Outdoors has launched its new private label men's activewear brand, Right of Way (R.O.W.), available online and at all 260 stores. The collection includes shorts, joggers, and polos priced between $19.99 and $34.99. Designed for versatility and comfort, it features moisture-wicking fabrics and hidden pockets. This launch is expected to strengthen Academy's position in the activewear market and complement its existing private label brands.

Academy Sports and Outdoors (Nasdaq: ASO) is set to open its first two locations in the Tampa Bay area, specifically in Pinellas Park and Wesley Chapel. The Pinellas Park store will debut in winter 2022, while the Wesley Chapel location is scheduled for 2023, expanding Academy's presence in Florida to 15 stores. The new locations aim to provide a wide range of sports and outdoor products, create about 120 jobs, and enhance community engagement. Customers can also utilize services like buy online pick-up in store and free shipping on orders over $25.