09:03 AM EDT, 03/27/2025 (MT Newswires) -- Academy Sports and Outdoors ( ASO ) said Thursday it plans to open 20 to 25 new stores in fiscal year 2025, up from 16 opened in 2024 and 14 in 2023.

The company said it has surpassed 300 total stores after four openings so far this year in Pennsylvania, Maryland, and Missouri.

It plans to open a new location in North Carolina in April, the company said.

Shares of the company were down 3% in recent premarket activity.