Academy Sports and Outdoors' Fiscal Q3 Adjusted Earnings, Sales Fall; 2024 Guidance Updated

MT Newswires Live

Dec 10, 2024

Academy Sports and Outdoors (ASO) reported fiscal Q3 adjusted earnings Tuesday of $0.98 per diluted share, down from $1.38 a year earlier.

Analysts polled by FactSet expected $1.28.

Net sales for the quarter ended Nov. 2 were $1.34 billion, down from $1.40 billion a year earlier.

Analysts surveyed by FactSet expected $1.39 billion.

The company said it now expects fiscal 2024 adjusted EPS of $5.80 to $6.10, compared with its prior guidance of between $5.75 and $6.50. Analysts polled by FactSet expect $6.23.

Net sales for the fiscal year are now projected to be between $5.90 billion and $5.94 billion, compared with an earlier forecast of $5.90 billion to $6.08 billion. Analysts surveyed by FactSet expect $6.03 billion.

Shares of the company were down 4.2% in recent Tuesday premarket activity.

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Analysts polled by FactSet expect $6.23.</p><p>Net sales for the fiscal year are now projected to be between $5.90 billion and $5.94 billion, compared with an earlier forecast of $5.90 billion to $6.08 billion. Analysts surveyed by FactSet expect $6.03 billion.</p><p>Shares of the company were down 4.2% in recent Tuesday premarket activity.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ASO","symbol_name":"Academy Sports & Outdoors, Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2490180590","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490180590","pubTimestamp":1733837051,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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