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