Outdoor Research

Academy Sports’ Q3 Comps Slide 7.2 Percent

Academy Sports’ Q3 Comps Slide 7.2 Percent

Academy Sports and Outdoors, Inc. reported earnings on an adjusted basis declined slightly in the third quarter ended October 29 against difficult year-ago comparisons but topped Wall Street expectations. Same-store sales were down 7.2 percent with overall sales coming in below analyst targets. Sales were up 30.5 percent versus the pre-pandemic 2019 third quarter. (Read More)

PrairieFire Acquires Front Sight

PrairieFire completed its acquisition of Front Sight from Chapter 11 bankruptcy proceedings. The U.S. Bankruptcy Court approved the plan to purchase the business on November 29, 2022, and the sale closed on December 2, 2022. (Read More)

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