secwatch.observer — SEC 8-K summary
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Issuer:     Academy Sports & Outdoors, Inc. (ASO)
CIK:        0001817358
Form:       8-K
Filed at:   2023-11-30T23:59:59+00:00
Accession:  0001817358-23-000226
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Academy Sports Q3 net sales down 6.4%, comparable sales -8.0%; declares $0.09 dividend, $600M buyback
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- Net sales $1,397.8M, -6.4% YoY; comparable sales -8.0% (vs -7.2% prior year).
- GAAP diluted EPS $1.31; adjusted diluted EPS $1.38. Net income $100M, -24.1%.
- Board declared $0.09/share dividend payable Jan 10, 2024; record Dec 13, 2023.
- Authorized new $600M share repurchase program through Nov 29, 2026.
- CEO cites weakening consumer sentiment and warm weather for demand softness.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817358/000181735823000226/0001817358-23-000226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817358/000181735823000226/aso-20231129.htm
  HTML page:      https://secwatch.observer/filing/0001817358-23-000226

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