Academy Sports and Outdoor (ASO) Tops Q3 EPS by 55c
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Academy Sports + Outdoors Reports Record-Breaking Third Quarter 2020 Sales and Earnings
December 10, 2020 7:00 AM ESTKATY, Texas, Dec. 10, 2020 /PRNewswire/ --Â 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
