KATY,
Texas, March 7, 2025 /PRNewswire/ -- Academy
Sports and Outdoors, Inc. (the "Company" or "Academy") (Nasdaq:
ASO) announced today that on March 6,
2025, its Board of Directors declared a quarterly cash
dividend with respect to the fiscal quarter ended February 1, 2025 of $0.13 per share of the Company's common stock, an
approximately 18% increase from the previous quarterly cash
dividend payment. This quarterly cash dividend is payable on
April 17, 2025, to stockholders of
record as of the close of business on March
25, 2025.
About Academy Sports + Outdoors
Academy is a leading
full-line sporting goods and outdoor recreation retailer in
the United States. Originally
founded in 1938 as a family business in Texas, Academy has grown to more than
300 stores across 21 states. Academy's mission is to provide
"Fun for All" and Academy fulfills this mission with a localized
merchandising strategy and value proposition that strongly
connects with a broad range of consumers. Academy's product
assortment focuses on key categories of outdoor, apparel, sports
& recreation and footwear through both leading national brands
and a portfolio of private label brands. For more information,
visit www.academy.com.
Forward Looking Statements
This press release 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. The
forward-looking statements include, among other things, statements
regarding the payment of the dividend, including the timing and
amount thereof and the Company's future financial condition to
support future dividend, and are subject to various risks,
uncertainties, assumptions, or changes in circumstances that are
difficult to predict or quantify. Actual results may differ
materially from these expectations due to factors that are set
forth in Academy's filings with the U.S. Securities and Exchange
Commission. Any forward-looking statement in this press release
speaks only as of the date of this release. The Company undertakes
no obligation to publicly update or review any forward-looking
statement, except as may be required by any applicable securities
laws.
Media inquiries:
Meredith
Klein, Vice President of Communications
346.823.6615
meredith.klein@academy.com
Investor inquiries:
Dan
Aldridge, Vice President of Investor Relations
832.739.4102
Dan.aldridge@academy.com
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SOURCE Academy Sports + Outdoors
