ASO - Academy Sports and Outdoors EPS beats by $0.64 beats on revenue; updates full year guidance

Academy Sports and Outdoors (NASDAQ:ASO): Q3 Non-GAAP EPS of $1.75 beats by $0.64; GAAP EPS of $1.72 beats by $0.70. Revenue of $1.59B (+17.8% Y/Y) beats by $100M. Press Release Comparable sales were 17.9% on top of 16.5% last year, making it the 9th consecutive quarter of positive comparable sales. Company raises Full Year Diluted GAAP EPS Range to $6.75 to $6.85 from $5.45 to $5.80; Non-GAAP earnings per share-diluted to be between $7.21 to $7.31 vs. consensus of $6.43; net sales to be between $6,675M - $6,740M vs. consensus of $6.60B; comparable sales to be between 17.0%-18.0% vs. 16.1% in FY2020.

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Academy Sports and Outdoors EPS beats by $0.64, beats on revenue; updates full year guidance