earnings
confidence high
sentiment negative
materiality 0.65
Academy Sports Q2 net sales down 2.2%; diluted EPS $1.95; declares $0.11 dividend
Academy Sports & Outdoors, Inc.
2024-Q2 EPS reported
$2.93
revenue$2,913,200,000
- Net sales of $1,549.0M, down 2.2% YoY; comparable sales declined 6.9%.
- GAAP diluted EPS of $1.95; adjusted diluted EPS of $2.03.
- Net income of $142.6M, down 9.2%; adjusted net income of $148.6M.
- Gross margin expanded 50 bps; inventory units per store down 5%.
- Declared $0.11/share cash dividend payable Oct 17, 2024, record Sep 19.