Academy Sports + Outdoors Reports Fourth Quarter and Fiscal 2024 Results
Portfolio Pulse from
Academy Sports + Outdoors reported a 3% decline in fourth-quarter comparable sales, but a 190 basis point improvement from the previous quarter. The company achieved a diluted GAAP EPS of $1.89, surpassing guidance. Academy also announced the launch of the Jordan Brand in 145 stores and online, and increased its quarterly dividend by 18%.
March 20, 2025 | 12:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Academy Sports + Outdoors reported a 3% decline in Q4 comparable sales, but improved EPS to $1.89, exceeding guidance. The company is launching the Jordan Brand in 145 stores and online, and increasing its dividend by 18%.
Despite a decline in sales, the improvement in EPS and the launch of a popular brand like Jordan could positively impact ASO's stock. The dividend increase also signals financial strength, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100