** Shares of sporting goods retailer Academy Sports and Outdoors ASO.O up 2% at $48.50 premarket
** ASO reports a smaller-than-expected drop in same store sales for Q4, according to data compiled by LSEG
** Co also beats Q4 adjusted profit estimates, and reports sales in line with expectations
** However, annual sales and adjusted profit forecasts are largely below estimates
** ASO fell 17.3% YTD, as of last close
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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