secwatch.observer — SEC 8-K summary
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Issuer:     Academy Sports & Outdoors, Inc. (ASO)
CIK:        0001817358
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001817358-23-000151
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817358/000181735823000151/0001817358-23-000151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817358/000181735823000151/aso-20230606.htm
  HTML page:      https://secwatch.observer/filing/0001817358-23-000151

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