Academy Sports + Outdoors Declares Cash Dividend for Shareholders
Academy Sports + Outdoors Declares Cash Dividend
Academy Sports and Outdoors, Inc. (the "Company" or "Academy") (NASDAQ: ASO) has made an important announcement regarding its commitment to returning value to shareholders. The Board of Directors has approved a quarterly cash dividend of $0.11 per share, applicable to the fiscal quarter just concluded. This decision reflects Academy's ongoing commitment to providing shareholder returns while maintaining a healthy financial position.
Details of the Dividend Payment
This dividend will be paid on the specified date in the coming month to shareholders who are on record as of the designated cutoff date. Announcing the rate and timing emphasizes the company's robust financial health and confidence in its business operations. Shareholders can look forward to receiving this cash dividend as a reward for their investment in Academy.
About Academy Sports + Outdoors
Academy Sports and Outdoors stands out as a prominent sporting goods and outdoor recreation retailer in the United States. Having launched as a family-owned business in the late 1930s, Academy has expanded its reach to include 285 locations across numerous states. The Company's mission is centered on delivering "Fun for All," which it achieves through a strategy tailored to local markets, making sure to resonate with a varied consumer base.
Product Assortment and Strategy
The product selection at Academy includes key categories such as outdoor gear, apparel, sports equipment, and footwear. Through partnerships with leading national brands and an attractive array of private label offerings, Academy ensures a diverse selection that appeals to everyone from casual shoppers to serious sports enthusiasts.
Commitment to Customers
Academy takes great pride in its commitment to customer satisfaction, offering high-quality merchandise at competitive prices. With a strategic approach that emphasizes local engagement and value, Academy creates a shopping experience designed to cater to the needs and preferences of its consumers, ultimately fostering loyalty and repeat business.
FAQs
What is the cash dividend amount declared by Academy?
Academy Sports + Outdoors announced a cash dividend of $0.11 per share.
When will the dividend be payable?
The dividend is scheduled to be paid in the upcoming month.
What is the mission of Academy Sports + Outdoors?
Academy's mission is to provide "Fun for All" by offering a localized shopping experience and a diverse product assortment.
How many stores does Academy have?
Academy currently operates 285 stores across various states in the United States.
What types of products does Academy offer?
Academy offers a wide range of products, including outdoor gear, apparel, sports equipment, and footwear.
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