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Sports Outdoors

(ASO) – Academy Sports And Outdoors Gaps Up On ‘Record-Breaking’ Revenue

Academy Sports and Outdoors Inc. (NASDAQ: ASO) shares traded higher Tuesday after the company released stellar earnings results. 

For the months of February through April, the company posted an adjusted income of $182.5 million, or adjusted earnings of $1.89, versus the prior year’s adjusted income of $400,000, or adjusted earnings of 1 cent per share.

CEO Ken Hicks said that both the quarter’s sales and profits were “record-breaking.”

Academy Sports and Outdoors gained 4.95% in Tuesday’s session, closing at $39.65. 

Academy Sports And Outdoors Daily Chart Analysis

  • Shares have been steadily climbing the past few months in an upwards
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