Academy Sports activities + Outdoor Pronounces Quarterly Money Dividend

KATY, Texas, Sept. 1, 2022 /PRNewswire/ — Academy Sports activities and Outdoor, Inc. (the “Firm” or “Academy”) (Nasdaq: ASO) introduced at the moment that its Board of Administrators declared a money dividend with respect to the fiscal quarter ended July 30, 2022 of $0.075 per share of the Firm’s widespread inventory. The dividend is payable on October 13, 2022, to stockholders of file as of the shut of enterprise on September 15, 2022. 

About Academy Sports activities + Outdoor
Academy is a number one full-line sporting items and out of doors recreation retailer in the USA. Initially based in 1938 as a household enterprise in Texas, Academy has grown to 263 shops throughout 17 states. Academy’s mission is to supply “Enjoyable for All” and Academy fulfills this mission with a localized merchandising technique and worth proposition that strongly connects with a broad vary of customers. Academy’s product assortment focuses on key classes of outside, attire, sports activities & recreation and footwear via each main nationwide manufacturers and a portfolio of personal label manufacturers. For extra info, go to www.academy.com.

Ahead-Wanting Statements
This press launch comprises forward-looking statements inside the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended. These forward-looking statements are primarily based on Academy’s present expectations and usually are not ensures of future efficiency. You may establish these forward-looking statements by means of phrases corresponding to “outlook,” “steering,” “believes,” “expects,” “potential,” “continues,” “might,” “will,” “ought to,” “may,” “seeks,” “initiatives,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the detrimental model of those phrases or different comparable phrases. The forward-looking statements embody, amongst different issues, statements relating to the cost of the dividend, together with the timing and quantity thereof, share repurchases, the Firm’s expectations relating to its future efficiency, and the Firm’s future monetary situation to help future dividend development and are topic to varied dangers, uncertainties, assumptions, or adjustments in circumstances which can be troublesome to foretell or quantify. Precise outcomes might differ materially from these expectations as a consequence of adjustments in international, regional, or native financial, enterprise, aggressive, market, regulatory and different elements, together with ongoing inflation and continued will increase in rates of interest, lots of that are past Academy’s management. Vital elements that would trigger precise outcomes to vary materially from these within the forward-looking statements are set forth in Academy’s filings with the U.S. Securities and Trade Fee (the “SEC”), together with the Firm’s Annual Report on Type 10-Ok, underneath the caption “Threat Components,” as could also be up to date every so often in our periodic filings with the SEC. Any forward-looking assertion on this press launch speaks solely as of the date of this launch. Academy undertakes no obligation to publicly replace or evaluate any forward-looking assertion, whether or not on account of new info, future developments or in any other case, besides as could also be required by any relevant securities legal guidelines.

Media inquiries:
Elise Hasbrook, Vice President Communications
281.253.8200
[email protected]

Investor inquiries:
Matt Hodges, Vice President Investor Relations
281.646.5362
[email protected]

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SOURCE Academy Sports activities + Outdoor