Academy Sports + Outdoors Reports Fourth Quarter and Fiscal 2024 Results
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Academy Sports + Outdoors reported a 3% decline in fourth-quarter comparable sales, but an improvement from the previous quarter. The company exceeded its EPS guidance with $1.89 and announced the launch of the Jordan Brand in 145 stores and online. Additionally, Academy increased its quarterly dividend by 18%.
March 20, 2025 | 12:15 pm
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Academy Sports + Outdoors reported a 3% decline in Q4 comparable sales, but improved from Q3. EPS of $1.89 exceeded guidance. The company will launch the Jordan Brand in 145 stores and online, and increased its quarterly dividend by 18%.
Despite a decline in sales, the improvement from Q3 and exceeding EPS guidance are positive indicators. The launch of the Jordan Brand and dividend increase are likely to boost investor confidence and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100