Stocks in Action USA: Academy Sports, Signet Jewelers, and Meta.
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Academy Sports (ASO) – The sporting goods retailer withstands consumer pressure, increases profit, and raises annual forecast! Academy Sports and Outdoors impresses in the second quarter despite a persistently challenging consumer environment with surprisingly strong profits and subsequently raises its annual forecast. Net income rose to $137.9 million or $2.17 per share, while adjusted earnings of $2.31 per share significantly exceeded analyst expectations of $2.07. Revenue increased by 3% to $1.65 billion, meeting market expectations, while...
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