Academy Sports And Outdoors Guides FY25 Adj. EPS Below Estimates; Boosts Dividend 18% - Update

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, sporting goods retailer Academy Sports and Outdoors, Inc. (ASO) initiated its earnings, adjusted earnings, net sales and comparable sales guidance for the full-year 2025.

Looking ahead to fiscal 2025, the company now projects earnings in a range of $5.40 to $5.85 per share and adjusted earnings in a range of $5.75 to $6.20 per share on net sales between $6.090 billion and $6.265 billion, with comparable sales between a decline of 2.0 and growth of 1.0 percent.

On average, analysts polled expect the company to report earnings of $6.46 per share on net revenues of $6.24 billion for the year. Analysts' estimates typically exclude special items.

Further, the company said it expects the first quarter to be the most challenging from a sales and earnings per share prospective as it plans to open five stores and transition to the new Jordan floor set.

The company further expect their internal initiatives to start to positively impact results beginning in the second quarter. Additionally, it expect the back half of the year to be stronger than the first half as their internal initiatives take hold.

The Company said it plans on opening 20 to 25 new stores in 2025.

Academy also announced its Board of Directors declared an 18 percent higher quarterly cash dividend with respect to the quarter ended February 1, 2025, of $0.13 per share of common stock payable on April 17, 2025, to stockholders of record as of the close of business on March 25, 2025.

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