secwatch.observer — SEC 8-K summary
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Issuer:     Academy Sports & Outdoors, Inc. (ASO)
CIK:        0001817358
Form:       8-K
Filed at:   2024-06-11T23:59:59+00:00
Accession:  0001817358-24-000119
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Academy Sports Q1 net sales down 1.4%; adj. EPS $1.08 vs $1.30 YoY
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- Net sales $1.364B (-1.4% YoY); comparable sales -5.7% on shifted 53-week basis.
- GAAP diluted EPS $1.01; adjusted diluted EPS $1.08, down from $1.30 a year ago.
- Net income $76.5M (-18.6% YoY); returned $132M to shareholders via buybacks and dividends.
- Opened two new stores in Q1; CEO notes customers remain pressured by economic environment.
- Board declared $0.11/share quarterly dividend, payable July 18, 2024 to holders of record June 20.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817358/000181735824000119/0001817358-24-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817358/000181735824000119/aso-20240611.htm
  HTML page:      https://secwatch.observer/filing/0001817358-24-000119

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