ASO - Academy Sports and Outdoors Non-GAAP EPS of $1.73 beats by $0.32 revenue of $1.47B beats by $20M

Academy Sports and Outdoors press release (NASDAQ:ASO): Q1 Non-GAAP EPS of $1.73 beats by $0.32. Revenue of $1.47B (-7.0% Y/Y) beats by $20M. Academy is revising its initial guidance for fiscal 2022 for the following metrics: Total net sales of $6.43 to $6.63 billion vs consensus of $6.66B and comparable sales of -6.0% to -3.0%; GAAP Income before taxes of $725 to $805 million; GAAP net income of $550 to $615 million; GAAP diluted EPS of $6.30 to $7.00 from $6.55 to $7.10 based on 88.0 million diluted weighted average shares outstanding; Adjusted diluted EPS of $6.55 to $7.25 from $6.70 to $7.25 vs consensus of $6.93.

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Academy Sports and Outdoors Non-GAAP EPS of $1.73 beats by $0.32, revenue of $1.47B beats by $20M