earnings
confidence high
sentiment positive
materiality 0.80
Academy Sports Q4 comp +13.1%, FY profit record; initiates $0.075 dividend, guides FY22 slightly down
Academy Sports & Outdoors, Inc.
2021-FY EPS reported
$7.12
revenue$6,773,128,000
- Q4 net sales up 13.2% to $1.8B; FY net sales up 19.1% to $6.77B, both records.
- Q4 GAAP EPS $1.57 vs $0.97; adjusted EPS $1.61 vs $1.09. FY GAAP EPS $7.12 vs $3.79.
- Initiated quarterly cash dividend of $0.075 per share, payable April 14, 2022.
- Repurchased 10.6M shares for $411.4M in fiscal 2021; $188.6M remaining on program.
- FY 2022 guidance: comparable sales -4% to -1%; adjusted EPS $6.70-$7.25, down ~8% at midpoint.