Academy Sports + Outdoors Announces Quarterly Cash Dividend
Katy, Texas - Academy Sports and Outdoors, Inc. (the "Company" or "Academy") (Nasdaq: ASO) has recently announced an important update concerning its financial planning. On December 4, the Board of Directors declared a quarterly cash dividend of $0.13 per share of the Company's common stock, following the fiscal quarter that ended on November 1.
Dividend Details
This dividend is set to be paid to the stockholders of record as of December 18, with a payment date scheduled for January 15 of the following year. This decision underscores Academy's steady growth and commitment to providing value to its shareholders, keeping in line with their sustainable business practices.
About Academy Sports + Outdoors
Academy Sports + Outdoors is recognized as a foremost full-line sporting goods and outdoor recreation retailer across the nation. Established in 1938 in Texas as a family-run business, Academy has significantly expanded its reach and currently operates more than 300 stores throughout 21 states.
Mission and Values
The mission of Academy is simple yet profound: "Fun for All." This goal is effectively met through a localized merchandising strategy that seeks to resonate with a diverse consumer base. Their array of products spans essential categories such as outdoor gear, apparel, sports and recreation items, and footwear, featuring both esteemed national brands and its own private label brands.
Business Growth Strategy
With a focused strategy on sustaining growth, Academy continues to enhance its customer experience, investing in store expansions and technological advancements to streamline operations. The Company aims to connect with customers through engaging promotions, tailored merchandise, and by fostering a strong community presence.
Financial Outlook
Looking ahead, Academy is poised for positive financial growth, underpinned by its reputable position in the market and a commitment to effective management. The declared dividend serves not only as a financial incentive but also reflects the Company's ongoing health and capacity for growth.
Contact Information for Inquiries
For consumer inquiries, Academy welcomes communication through its main contact points. Meredith Klein serves as the Vice President of Communications, reachable at 346.823.6615. Moreover, for investor-related questions, Dan Aldridge, the Vice President of Investor Relations, can be contacted at 832.739.4102. Academy remains committed to transparency and engagement with its stakeholders.
Frequently Asked Questions
What is the amount of the declared dividend by Academy?
Academy has declared a quarterly cash dividend of $0.13 per share of its common stock.
When is the dividend payment date?
The dividend is scheduled to be paid on January 15 of the upcoming year to stockholders of record as of December 18.
What is Academy's mission?
Academy's mission is to provide "Fun for All" through a diverse merchandising strategy that appeals to a wide range of consumers.
How long has Academy Sports + Outdoors been in operation?
Academy was founded in 1938 as a family business and has since grown to operate over 300 stores nationwide.
What are the main product categories offered by Academy?
Academy specializes in outdoor gear, apparel, sports and recreation, and footwear, featuring both national and private label brands.
