financetom
Business
financetom
/
Business
/
Academy Sports & Outdoors Fiscal Q4 Adjusted Earnings, Net Sales Rise; Issues Fiscal 2024 Outlook; Shares Fall
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Academy Sports & Outdoors Fiscal Q4 Adjusted Earnings, Net Sales Rise; Issues Fiscal 2024 Outlook; Shares Fall
Mar 21, 2024 6:02 AM

08:39 AM EDT, 03/21/2024 (MT Newswires) -- Academy Sports & Outdoors (ASO) reported fiscal Q4 adjusted earnings Thursday of $2.21 per diluted share, up from $2.04 a year earlier.

Analysts polled by Capital IQ expected $2.31.

Net sales for the quarter ended Feb. 3 were $1.79 billion, up from $1.75 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.80 billion.

For fiscal 2024, the company said it expects diluted EPS of $5.90 to $6.90. Analysts polled by Capital IQ expect $7.31. Net sales for the fiscal year are expected in the range of $6.07 billion to $6.35 billion. Analysts surveyed by Capital IQ expect $6.38 billion.

Shares of the company were down 11% in recent Thursday premarket activity.

Price: 63, Change: -8.25, Percent Change: -11.58

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
KKR-backed NIQ files for US IPO
KKR-backed NIQ files for US IPO
Jun 27, 2025
(Reuters) -NIQ Global, a consumer insights company backed by investment giant KKR, filed for an initial public offering in the United States on Friday. The company joins a number of startups looking to list their shares in the coming months as the IPO market gradually recovers from a dry spell. A spate of strong debuts by recently listed firms such...
BRIEF-Bowen Acquisition Says Merger Agreement Deadline With Shenzhen Qianzhi Biotechnology Extended To December 14, 2025 - SEC Filing
BRIEF-Bowen Acquisition Says Merger Agreement Deadline With Shenzhen Qianzhi Biotechnology Extended To December 14, 2025 - SEC Filing
Jun 27, 2025
June 27 (Reuters) - Bowen Acquisition Corp ( BOWN ): * BOWEN ACQUISITION ( BOWN ) - MERGER AGREEMENT DEADLINE WITH SHENZHEN QIANZHI BIOTECHNOLOGY EXTENDED TO DECEMBER 14, 2025 - SEC FILING Source text: Further company coverage: ...
BRIEF-Cantor Equity Partners III Announces Closing Of $276 Million Initial Public Offering
BRIEF-Cantor Equity Partners III Announces Closing Of $276 Million Initial Public Offering
Jun 27, 2025
June 27 (Reuters) - Cantor Equity Partners III Inc ( CAEP ) : * CANTOR EQUITY PARTNERS III, INC. ( CAEP ) ANNOUNCES CLOSING OF $276 MILLION INITIAL PUBLIC OFFERING Source text: Further company coverage: ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved