Academy Sports & Outdoors - Robust Consumer Demand and Cost-Cutting Measures Propel Growth Despite Challenging Environment!
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Business Driver: Academy Sports and Outdoors (ASO) is one of the leading retailers in the outdoor clothing and equipment sector, camping, hunting and fishing supplies, and sportswear, with more than 300 locations across 21 US states. Recently, it has been impacted by continued subdued consumer demand, particularly in its home market. The company's management is now looking to counteract this with cost-cutting and efficiency-boosting measures. By expanding its distribution partnership with sportswear manufacturer Nike, the company aims to further...
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