Academy Sports and Outdoors, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 31, 2021
September 09, 2021 at 08:00 am EDT
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Academy Sports and Outdoors, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended July 31, 2021. For the quarter, the company reported net sales of $1,791,530,000 compared to $1,606,420,000 a year ago. Operating income was $254,558,000 compared to $183,788,000 a year ago. Net income was $190,510,000 compared to $167,676,000 a year ago. Basic earnings per common share was $2.06 compared to $2.31 a year ago. Diluted earnings per common share was $1.99 compared to $2.25 a year ago.
For the six months, the company reported net sales of $3,371,863,000 compared to $2,742,721,000 a year ago. Operating income was $493,632,000 compared to $197,810,000 a year ago. Net income was $368,306,000 compared to $157,656,000 a year ago. Basic earnings per common share was $3.99 compared to $2.18 a year ago. Diluted earnings per common share was $3.82 compared to $2.12 a year ago.
Academy Sports and Outdoors, Inc. is a full-line sporting goods and outdoor recreation retailer in the United States. The Company's product assortment is focused on key categories of outdoor, apparel, sports and recreation, and footwear through both national brands and a portfolio of 19 private label brands. It has preferred access to national brands, such as Nike, Under Armour, adidas, Winchester, Columbia Sportswear, Brooks, Skechers, Yeti and Carhartt. Its private label brand portfolio consists of Academy Sports + Outdoors, Magellan Outdoors, BCG, O'rageous, Game Winner, Outdoor Gourmet, Freely and R.O.W. Its primary product types include coolers and drinkware, camping accessories and camping equipment; fitness equipment, fitness accessories and nutrition supplies; outdoor apparel, seasonal apparel, denim, work apparel, graphic t-shirts and accessories; casual shoes, slippers, seasonal footwear, socks; boys and girls footwear, and work and western boots, shoes and hunting footwear.
ACADEMY SPORTS AND OUTDOORS, INC. 
