KATY,
Texas, March 7, 2024 /PRNewswire/ -- Academy
Sports and Outdoors, Inc. (the "Company" or "Academy") (Nasdaq:
ASO) announced today that its Board of Directors declared a
quarterly cash dividend with respect to the fiscal quarter ended
February 3, 2024 of $0.11 per share of the Company's common stock, a
22% increase from the previous quarterly dividend payment. The
dividend is payable on April 18,
2024, to stockholders of record as of the close of business
on March 26, 2024.
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 282 stores across
18 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 Academy'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, the Company's expectations regarding its future
performance, and the Company's future financial condition to
support future dividend growth 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. Academy undertakes no
obligation to publicly update or review any forward-looking
statement, except as may be required by any applicable securities
laws.
Media inquiries:
Elise Hasbrook, Vice President
Communications
281.253.8200
elise.hasbrook@academy.com
Investor inquiries:
Matt Hodges, Vice President Investor
Relations
281.646.5362
matt.hodges@academy.com
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SOURCE Academy Sports + Outdoors