Academy Sports and Outdoor (ASO) Misses Q1 EPS by 37c, Guidance Misses Consensus

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Go back to Academy Sports and Outdoor (ASO) Misses Q1 EPS by 37c, Guidance Misses Consensus

Academy Sports + Outdoors Reports First Quarter 2023 Results

June 6, 2023 8:01 AM EDT

First Quarter GAAP Diluted EPS of $1.19, or $1.30 Adjusted Diluted EPS

Net Sales Decline 5.7%; Comparable Sales Decline 7.3%

Company Opens One New Store During Q1; Plans to Open 13 to 15 in 2023

KATY, Texas, June 06, 2023 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") today announced its financial results for the first quarter ended April 29, 2023.

Executive Chairman, Ken Hicks commented, "Our first quarter results were below our expectations for sales and profit as they... More