---
schema_version: "secwatch.filing_event.v1"
accession: "0001817358-23-000184"
form_type: "8-K"
ticker: "ASO"
cik: "0001817358"
company_name: "Academy Sports & Outdoors, Inc."
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:23:30.959389+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Academy Sports Q2 GAAP EPS $2.01, sales down 6.2%, comps -7.5%, declares $0.09 dividend

## Summary
- GAAP diluted EPS $2.01; adjusted diluted EPS $2.09. Net sales $1,583.1M, down 6.2% YoY.
- Comparable sales declined 7.5%; gross margin rate improved 30 bps to 35.6%.
- Net income $157.1M, down 16.8% YoY; adjusted net income $163.6M, down 15.5%.
- Returned $114M to shareholders via share repurchases and dividends.
- Board approved $0.09/share quarterly dividend, payable Oct 11, 2023 to holders of record Sept 13, 2023.

## SEC filing metadata
- accession: 0001817358-23-000184
- form_type: 8-K
- ticker: ASO
- cik: 0001817358
- company_name: Academy Sports & Outdoors, Inc.
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817358/000181735823000184/0001817358-23-000184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817358/000181735823000184/aso-20230830.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001817358-23-000184
- JSON: https://secwatch.observer/filing/0001817358-23-000184.json
- Plain text: https://secwatch.observer/filing/0001817358-23-000184.txt

## Key facts
- Earnings Releases
  Academy Sports & Outdoors, Inc. reported quarter ended July 29, 2023 results: revenue $ 1,583.1, net income $ 157.1, EPS $ 2.01.
  - Period: quarter ended July 29, 2023
  - Revenue: $ 1,583.1
  - Net income: $ 157.1
  - EPS: $ 2.01
  - Result: reported results
  source text: that resonate with our core customer.” Second Quarter Operating Results ($ in millions, except per share data) 13 Weeks Ended Change July 29, 2023 July 30, 2022 % Net Sales $ 1,583.1 $ 1,686.9 (6.2)% Comparable Sales (7.5) % (6.0) % Income before income tax $ 203.3 $ 247.0 (17.7)% Net Income $ 157.1 $ 188.8 (16.8)% Adjusted net income (1) $ 163.6 $ 193.5
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817358/000181735823000184/0001817358-23-000184-index.htm

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