Academy Sports and Outdoor (ASO) rallies 13% on beat-and-raise results

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Go back to Academy Sports and Outdoor (ASO) rallies 13% on beat-and-raise results

Academy Sports + Outdoors Reports Second Quarter 2023 Results

August 31, 2023 8:00 AM EDT

Second Quarter GAAP Diluted EPS of $2.01, or $2.09 Adjusted Diluted EPS

Net Sales Decline (6.2)%; Comparable Sales Decline (7.5)%

Gross Margin Rate Improves 30 Basis Points to 35.6%

Returned $114 Million to Shareholders Through Repurchases & Dividends

KATY, Texas, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") today announced its financial results for the second quarter ended July 29, 2023.

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