Academy Sports Q3: EPS $1.62, sales $1.49B (-6.2%), comps -7.2%; raises FY EPS guidance

Academy Sports & Outdoors, Inc.

2022-Q3 EPS reported $5.54 revenue$4,648,570,000

GAAP diluted EPS $1.62; adjusted diluted EPS $1.69; net sales $1.49B, down 6.2% YoY.
Comparable sales declined 7.2%; e-commerce sales grew 10.5% YoY (fifth consecutive quarter).
Opened four new stores in Q3, three more in Q4; total 268 stores; plans 80-100 over five years.
Repurchased 2.2M shares for $100.8M in Q3; $400M remaining under buyback; declared $0.075 dividend.
Raised FY 2022 adjusted EPS guidance to $7.50-$7.65 from $6.75-$7.50; FY net sales guidance narrowed to $6.43-6.49B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Academy Sports & Outdoors, Inc. reported the third quarter ended October 29, 2022 results: revenue $1.49 billion, net income $131.7 million, EPS $1.62. Guidance raised.

Period: the third quarter ended October 29, 2022
Revenue: $1.49 billion
Net income: $131.7 million
EPS: $1.62
Guidance: raised
Result: reported results

Exact text from the filing

in stores and online through consistent operational excellence, strong financial discipline, and executing our store and omnichannel expansion plans." Net sales were $1.49 billion, a decrease of 6.2%, compared to $1.59 billion. Comparable sales declined 7.2%. The decline in sales was primarily due to fewer transactions compared to last year, mainly from a

View on SEC.gov

Browse all earnings releases →

Academy Sports & Outdoors, Inc. filing history →

Source: SEC EDGAR

accession 0001817358-22-000180

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.