Academy Sports & Outdoors - Robust Consumer Demand and Cost-Cutting Measures Drive Momentum Despite Challenging Environment!
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Business Drivers: Academy Sports and Outdoors (ASO) is one of the most well-known retailers in the field of outdoor clothing and equipment, camping, hunting and fishing supplies, and sports apparel, with over 300 locations across 21 US states. Recently, the company has struggled with persistently subdued consumer demand, particularly in its home market, although it has successfully countered this with cost-cutting measures. On December 9, the company surprised with an EPS increase from $0.98 to $1.14, while the analyst consensus had been at $1.06....
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