Academy Sports Beats Profit, Misses Revenue
Update: 2025-12-10
Description
Academy Sports and Outdoors reported Q3 earnings, slightly missing revenue but beating profit expectations. Sales increased by 3% YoY to $1.38 billion, with adjusted profit per share at $1.14, 7.5% higher than predicted. The companys strong performance was driven by new store openings, higher-income customers, and online sales boost. Academy Sports plans to invest in shopping experience, expand product offerings, and grow its loyalty program, aiming to open 20-25 new stores next year.
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