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Academy Sports delivered Q1 results with slightly lower revenue and profit amid economic pressures. Despite a 3.7% decline in comparable sales, the company saw eCommerce growth and opened five new stores, expanding into two new states.
Academy Sports + Outdoors posted Q4 2024 revenue of $1.68 billion, a 6.6% decrease year-over-year. GAAP diluted EPS came in at $1.89, while adjusted diluted EPS was $1.96. Net income was $133.63 million and operating income reached $154.70 million. The company opened five new stores and reported a 3.0% decline in comparable sales for the quarter.