Academy Sports and Outdoors, Inc. reported second-quarter earnings came in just ahead of analyst expectations. Same-store sales declined 7.5 percent in the quarter but improved throughout the quarter. Academy reiterated its sales guidance while raising its EPS outlook due to share repurchases.
Adjusted EPS of $2.09 in the second quarter compared with Wall Street’s consensus estimate of $2.03. Sales were in line with Wall Street’s consensus estimate of $1.58 billion.
For full details about second quarter results for Academy Sports + Outdoors, including a jump in ASO share price, increased EPS guidance and category results and trends, go here:
