Academy Sports and Outdoor (ASO) Tops Q1 EPS by $1.06

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Go back to Academy Sports and Outdoor (ASO) Tops Q1 EPS by $1.06

Academy Sports + Outdoors Announces Record Sales and Earnings for the First Quarter and Raises 2021 Financial Forecast

June 8, 2021 8:00 AM EDT

Net Sales Increased 39.1%; Comparable Sales Increased 38.9%

Gross Margin Rate Increased 950 basis points to 35.7%

Pre-Tax Income Grew to $225.0 million from a loss of $9.5 million

Company Raises Full Year Diluted EPS Range to $4.15 to $4.50

KATY, Texas, June 08, 2021 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") today announced its financial results for the first quarter ended May 1, 2021. Unless otherwise indicated, comparisons are to the same period in the prior fiscal year.

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