Academy Sports + Outdoors ( ASO) shares advanced in intraday trading Tuesday after the sporting goods and recreational products retailer beat second-quarter adjusted profit expectations, even though it posted a sales drop and cut its guidance amid difficult economic conditions.

We recommend a strong buy for Academy Sports and Outdoors (ASO) for long-term investors due to growth potential and undervaluation. Read more here.

Subsequent to the end of the second quarter, on September 5, 2024, Academy’s Board of Directors declared a quarterly cash dividend of 11 cents per share of common stock. The dividend is payable on October 17, 2024, to stockholders of record as of the close of business on September 19, 2024.

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

A new Academy Sports + Outdoors store in Kingsport will hold a soft opening starting Monday, and the store gave News Channel 11 an early look inside. The new store in the Kingsport Pavilion Shopping Center at 2626 East Stone Drive fills the space left by the former Dick’s Sporting Goods.

Beckley welcomed the grand opening of Academy Sports and Outdoors on September 13, 2024. The sporting goods and outdoor recreation realtor celebrated is second location in West Virginia. The over 65,000 square foot store carries footwear,