Academy Sports + Outdoors To Open 9 Additional New Stores Opening In Fall 2024
Portfolio Pulse from Benzinga Newsdesk
Academy Sports + Outdoors (ASO) plans to open 9 new stores in fall 2024, expanding its presence across eight states. This is part of their strategy to open 15-17 new stores in fiscal year 2024.
September 03, 2024 | 12:11 pm
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Academy Sports + Outdoors is expanding its retail footprint by opening 9 new stores in fall 2024, contributing to its goal of 15-17 new stores in fiscal year 2024.
The announcement of opening 9 new stores indicates a strategic expansion, likely boosting ASO's market presence and potential revenue. This aligns with their fiscal year growth targets, suggesting positive short-term impact on stock price.
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