Academy Sports and Outdoors Inc

NASDAQ:ASO   1:19:00 PM EDT
35.08
+1.78 (+5.34%)
Other Pre-Announcement

Academy Sports + Outdoors Reports Record-Breaking Third Quarter 2020 Sales And Earnings

Published: 12/10/2020 12:21 GMT
Academy Sports and Outdoors Inc (ASO) - Academy Sports + Outdoors Reports Record-breaking Third Quarter 2020 Sales and Earnings.
Q3 Adjusted Pro Forma Earnings per Share $0.91.
Q3 Sales $1.35 Billion Versus Refinitiv Ibes Estimate of $1.26 Billion.
Q3 Earnings per Share Estimate $0.36 -- Refinitiv Ibes Data (analyst estimates).
Q3 Earnings per Share $0.74.comparable Sales for Q3 2020 Increased 16.5% Over Q3 2019.
Net Sales for Q3 2020 Were $1.35 Billion, a 17.8% Increase Over $1.15 Billion in Q3 2019.
Academy Sports & Outdoors - Company's Gross Margin Rate for Q3 2020 Was 32.7% of Net Sales, a 110 Basis Point Increase Over 31.6% in Q3 of 2019.