Academy Sports and Outdoor (ASO) Tops Q3 EPS by 55c

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Go back to Academy Sports and Outdoor (ASO) Tops Q3 EPS by 55c

Academy Sports + Outdoors Reports Record-Breaking Third Quarter 2020 Sales and Earnings

December 10, 2020 7:00 AM EST

KATY, Texas, Dec. 10, 2020 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (NASDAQ: ASO) today reported financial results for the third quarter ended October 31, 2020.

Third Quarter Summary for the Period Ending October 31, 2020

Net sales for the third quarter 2020 were $1.35 billion, a 17.8% increase over $1.15 billion in the third quarter 2019.  Comparable sales for the third quarter 2020 increased 16.5% over the third quarter 2019.

Academy reported net income for the third quarter 2020 of $59.6 million, or $0.74 per diluted share, a 109% net income increase over $28.6 million, or $0.38 per diluted share, in the third quarter 2019.  Pro Forma... More