earnings
confidence high
sentiment positive
materiality 0.75
Academy Sports Q1 sales up 6.7% to $1.44B, comps +2.9%, raises full-year guidance
Academy Sports & Outdoors, Inc.
- Net sales $1,442M (+6.7% YoY); comparable sales +2.9% vs -3.7% prior year.
- GAAP diluted EPS $0.80 (+17.6%); adjusted EPS $0.93 (+22.4%).
- eCommerce sales +17.4%; new stores comp positive high single digits.
- Company raised low-end of full-year guidance based on Q1 performance.
- Opened two new stores in Ohio and Oklahoma during the quarter.