Fourth quarter net sales were up 2.8 percent to $1.79 billion while comparable store sales declined 3.6 percent for the period.
Fourth quarter and fiscal year 2023 included 14 and 53 weeks respectively, compared to 13-week and 52-week periods in fourth quarter and fiscal 2022. Comparable store sales presumably compare 13-week and 52-week periods year-over-year.
For more SGB Media coverage of the Academy Q4 and fiscal Year results, including management discussion of category performance, go here:
EXEC: Academy Execs Break Down Q4 Hits and Misses, 2024 Outlook