secwatch.observer — SEC 8-K summary
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Issuer:     Academy Sports & Outdoors, Inc. (ASO)
CIK:        0001817358
Form:       8-K
Filed at:   2022-06-07T23:59:59+00:00
Accession:  0001817358-22-000117
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Academy Q1 EPS $1.69 adjusted $1.73; sales down 7.1%; new $600M buyback
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- Net sales $1.47B (-7.1% YoY); comparable sales -7.5%; e-commerce grew 18.8%.
- GAAP net income $149.8M ($1.69 diluted EPS); adjusted diluted EPS $1.73.
- Returned $95M to shareholders in Q1 via repurchases ($88.5M) and dividend ($6.5M).
- Board authorized new $600M share repurchase program through June 2025; total available $700M.
- FY2022 guidance revised: net sales $6.43-$6.63B; adjusted diluted EPS $6.55-$7.25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817358/000181735822000117/0001817358-22-000117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817358/000181735822000117/aso-20220607.htm
  HTML page:      https://secwatch.observer/filing/0001817358-22-000117

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer