Item 8.01 Other Events.



On December 15, 2022, Academy, Ltd., a Texas limited partnership ("Academy
Ltd.") and indirect subsidiary of Academy Sports and Outdoors, Inc. (the
"Company"), utilized cash on hand to voluntarily prepay $100 million of
outstanding borrowings under Academy, Ltd.'s senior secured term loan governed
by the Second Amended and Restated Credit Agreement, dated November 6, 2020,
among Academy, Ltd., as borrower, Credit Suisse AG, Cayman Islands Branch, as
the administrative agent and collateral agent, the several lenders party thereto
and the several other parties named therein, as amended (the "Term Loan").
Academy, Ltd. did not incur any prepayment penalties in connection with this
prepayment. As a result of this prepayment, the remaining outstanding principal
balance under the Term Loan is $195.5 million and, based on projected variable
interest rates, the Company expects to realize an interest savings of
approximately $36 million over the remaining duration of the Term Loan,
including $8.5 million in fiscal 2023. This prepayment was made as part of the
Company's comprehensive capital allocation plan, which also includes capital
expenditures, quarterly cash dividends and share repurchases.

Forward-Looking Statements



This current report on Form 8-K contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. These forward-looking
statements are based on the Company's current expectations and are not
guarantees of future performance. Forward-looking statements can generally be
identify by the use of words such as "outlook," "guidance," "believes,"
"expects," "potential," "continues," "may," "will," "should," "could," "seeks,"
"projects," "predicts," "intends," "plans," "estimates," "anticipates" or the
negative version of these words or other comparable words. The forward-looking
statements include, among other things, statements regarding expectations of the
Company's future performance, financial condition, and capital deployment,
including intent, ability, payment, extent, and timing of capital expenditures,
debt repayment, dividends, share repurchases, and execution on the capital
allocation plan, each of which is subject to various risks, assumptions, or
changes in circumstances that are difficult to predict or quantify. The future
declaration, timing, amount, and payment of dividends will be subject to the
discretion and approval of the Company's Board of Directors (the "Board"),
taking into account such considerations as the Board may deem relevant at the
time, including, among others, the Company's results, financial condition and
capital allocation plans. Actual results may differ materially from these
expectations due to changes in global, regional, or local economic, business,
competitive, market, regulatory and other factors, including ongoing inflation
and continued increases in interest rates, many of which are beyond the
Company's control. Important factors that could cause actual results to differ
materially from those in the forward-looking statements are set forth in the
Company's filings with the U.S. Securities and Exchange Commission (the "SEC"),
including the Company's Annual Report on Form 10-K, under the caption "Risk
Factors," as may be updated from time to time in our periodic filings with the
SEC. Any forward-looking statement contained herein speaks only as of the date
of this filing. The Company undertakes no obligation to publicly update or
review any forward-looking statements, whether as a result of new information,
future developments or otherwise, except as may be required by law.

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Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.


         Exhibit No.                            Description of Exhibit
                                                Cover Page Interactive Date

File (embedded within the Inline XBRL


                    104                         document).

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