Business
Academy Sports + Outdoors Reports Third Quarter Fiscal 2025 Results; Updates Guidance
Third Quarter Sales Increase 3.0%; Comparable Sales Decrease (0.9)% eCommerce Sales Increase 22.2%; New Stores Comping High Single Digits Third Quarter
About this update from Academy Sports And Outdoors, Inc.
[{"type":"text","content":"Third Quarter Sales Increase 3.0%; Comparable Sales Decrease (0.9)% eCommerce Sales Increase 22.2%; New Stores Comping High Single Digits Third Quarter Diluted GAAP EPS of $1.05, +14% to last year Opened Eleven New Stores Across Ten States Narrows Sales & Gross Margin Guidance KATY, Texas, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (Nasdaq: ASO) (\"Academy\" or the \"Company\") today announced its financial results for the third quarter ended November 1, 2025. \"We continue to see an acceleration in our underlying growth strategies, despite the uncertain economic backdrop the consumer is facing,\" said Steve Lawrence, Chief Executive Officer. “The start to holiday aligned with our expectations, capped off by a record Black Friday event. The momentum we are seeing in early holiday results reinforces that our position as the value leader in our space is resonating with consumers, and is driving market share gains.” Third Quarter Operating Results ($ in millions, except per share data)Thirteen Weeks EndedChangeNovember 1, 2025November 2, 2024%Net sales$1,383.7$1,343.33.0%Comparable sales(0.9)%(4.9)% Income before income tax$94.0$88.76.0%Net income$71.6$65.88.8%Adjusted net income (1)$77.3$70.59.6%Earnings per common share, diluted$1.05$0.9214.1%Adjusted earnings per common share, diluted (1)$1.14$0.9816.3% (1) Adjusted net income and Adjusted earnings per common share, diluted are non-GAAP measures. See \"Non-GAAP Measures\" and \"Reconciliations of GAAP to Non-GAAP Financial Measures\" below for reconciliations of non-GAAP financial measures to their most directly comparable GAAP financial measures. Year-to-Date Operating Results ($ in millions, except per share data)Thirty-Nine Weeks EndedChangeNovember 1, 2025November 2, 2024%Net sales$4,334.9$4,256.51.8%Comparable sales(1.4)%(5.9)% Income before income tax$321.9$372.9(13.7)%Net Income$243.1$284.8(14.6)%Adjusted net income (1)$260.2$300.7(13.5)%Earnings per common share, diluted$3.57$3.86(7.5)%Adjusted earnings per common share, diluted (1)$3.82$4.08(6.4)% (1) Adjusted net income and Adjusted earnings per common share, diluted are non-GAAP measures. See \"Non-GAAP Measures\" and \"Reconciliations of GAAP to Non-GAAP Financial Measures\" below for reconciliations of non-GAAP financial measures to their most directly comparable GAAP financial measures. As ...