secwatch.observer — SEC 8-K summary
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Issuer:     Academy Sports & Outdoors, Inc. (ASO)
CIK:        0001817358
Form:       8-K
Filed at:   2024-12-10T23:59:59+00:00
Accession:  0001817358-24-000194
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Academy Sports Q3 net sales down 3.9% to $1.34B; GAAP EPS $0.92, adjusted $0.98; narrows FY guidance
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- Net sales $1,343M (-3.9% YoY); comparable sales -4.9% vs -8.0% prior year Q3.
- GAAP diluted EPS $0.92; adjusted diluted EPS $0.98, both down ~29% YoY.
- New $700M share repurchase program authorized; quarterly dividend $0.11/share declared.
- Plans to open 20-25 new stores in fiscal 2025 (~7.5% unit growth at midpoint).
- Narrows FY2024 guidance: net sales $5,895M-$5,940M, adjusted EPS $5.80-$6.10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817358/000181735824000194/0001817358-24-000194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817358/000181735824000194/aso-20241210.htm
  HTML page:      https://secwatch.observer/filing/0001817358-24-000194

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