Academy Sports earnings beat expectations, guidance raised

Published: Sept. 9, 2021 astatine 8:24 a.m. ET

Academy Sports & Outdoors Inc. banal roseate 1.4% aft the retailer reported second-quarter net that Chief Executive Ken Hicks called the "best" successful the company's past and raised its full-year guidance. Net income totaled $190.5 million, oregon $1.99, compared with $167.7 million, oregon $2.25 per share, past year. Adjusted EPS of $2.34 bushed the FactSet statement for $1.42. Sales totaled $1.792 billion, up from $1.606 cardinal past twelvemonth and besides up of the FactSet statement for $1.658 billion. Comparable income grew 11.4%, good up of the FactSet statement for 6.2% growth. Academy Sports has approved a caller three-year,...