---
schema_version: "secwatch.filing_event.v1"
accession: "0001817358-23-000151"
form_type: "8-K"
ticker: "ASO"
cik: "0001817358"
company_name: "Academy Sports & Outdoors, Inc."
filed_at: "2023-06-06T23:59:59+00:00"
generated_at: "2026-06-14T06:46:21.020886+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Academy Sports Q1 GAAP EPS $1.19, revenue down 5.7% amid macro headwinds

## Summary
- GAAP net income $94M ($1.19 diluted EPS); adjusted diluted EPS $1.30.
- Net sales $1.384B, down 5.7% YoY; comparable sales fell 7.3%.
- Income before income tax $118.7M, down 39.2% from $195.3M a year ago.
- Opened one new store in Q1; plans 13-15 new stores in full year 2023.
- CEO cites macro-economic pressures, unfavorable weather and tough hunting comparisons.

## SEC filing metadata
- accession: 0001817358-23-000151
- form_type: 8-K
- ticker: ASO
- cik: 0001817358
- company_name: Academy Sports & Outdoors, Inc.
- filed_at: 2023-06-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817358/000181735823000151/0001817358-23-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817358/000181735823000151/aso-20230606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001817358-23-000151
- JSON: https://secwatch.observer/filing/0001817358-23-000151.json
- Plain text: https://secwatch.observer/filing/0001817358-23-000151.txt

## Key facts
- Earnings Releases
  Academy Sports & Outdoors, Inc. reported financial results for the first quarter ended April 29, 2023.
  - Period: the first quarter ended April 29, 2023
  - Result: reported results
  source text: On June 6, 2023, Academy Sports and Outdoors, Inc. (the “Company”) issued a press release announcing financial results for the quarter ended April 29, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817358/000181735823000151/0001817358-23-000151-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.