Every material Form 8-K Academy Sports + Outdoors filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Academy Sports and Outdoors reported third-quarter fiscal 2025 net sales of $1.38 billion, up 3.0%, with comparable sales down 0.9% and diluted GAAP earnings per share of $1.05, up 14.1%. The company narrowed its full-year guidance: the sales range is now -2.0% to flat (previously -3.0% to +1.0%), and GAAP EPS is now $5.35 to $5.85 (previously $5.30 to $6.00), so the top of both ranges came down while the bottom of the sales and gross margin ranges moved up.
Q3 net sales $1.38 billion, up 3.0%; comparable sales down 0.9%
Q3 diluted GAAP EPS $1.05 vs. $0.92 a year earlier; year-to-date diluted EPS $3.57, down 7.5%
Fiscal 2025 sales guidance narrowed to -2.0% to flat; GAAP EPS guidance $5.35 to $5.85
Gross margin guidance low end raised to 34.3% from 34.0%; quarterly dividend of $0.13 declared December 4, 2025
Academy Sports and Outdoors expanded its board from ten to twelve directors and appointed Michael Dastugue, Shannon Hennessy, and Clay Johnson as independent Class II directors, effective December 1, 2025. Mr. Dastugue also joined the Audit Committee, and the company says the new directors add expertise in finance, digital transformation, and artificial intelligence.
Board size increased from ten to twelve directors effective December 1, 2025
Michael Dastugue, 61, former CFO of Walmart US and Hanesbrands, also joins the Audit Committee
Shannon Hennessy, 47, is CEO of Habit Burger & Grill; Clay Johnson, 55, was Chief Digital and Technology Officer at Yum! Brands
New directors' initial terms expire at the 2028 Annual Meeting of Stockholders
Independent Class I director Chris Turner notified the Academy Sports and Outdoors board on September 14, 2025 that he is resigning as a director, effective September 16, 2025. The company states his resignation was not due to any dispute or disagreement with the company or the board over its operations, policies or practices.
Chris Turner, an independent Class I director, notified the board of his resignation on September 14, 2025.
Resignation is effective September 16, 2025.
The filing states there was no dispute or disagreement with the company or board on operations, policies or practices.
Academy Sports and Outdoors reported second-quarter fiscal 2025 net sales of $1.6 billion, up 3.3%, with comparable sales up 0.2% after a 6.9% decline a year earlier. Diluted GAAP earnings per share fell 5.1% to $1.85, and the company raised the low end of its full-year GAAP EPS range to $5.30 to $6.00 while keeping the high end at $6.00 and narrowing its sales guidance to a decline of 3.0% to a gain of 1.0%.
Q2 net sales $1,599.8 million, up 3.3%; comparable sales up 0.2% versus a 6.9% decline a year earlier
Q2 diluted GAAP EPS $1.85 versus $1.95; net income $125.4 million, down 12.1%
FY2025 GAAP EPS guidance low end raised from $5.10 to $5.30; high end $6.00 (previously $5.90)
Sales guidance low end narrowed from -4.0% to -3.0%; range now -3.0% to +1.0%
Academy Sports and Outdoors reported first-quarter fiscal 2025 net sales of $1.35 billion, down 0.9%, with comparable sales down 3.7%. Diluted GAAP earnings per share fell to $0.68 from $1.01, and the company widened its full-year comparable sales guidance and changed its EPS range, lowering the low end while raising the high end.
Net income was $46.1 million versus $76.5 million a year earlier; diluted EPS was $0.68 versus $1.01.
Fiscal 2025 comparable sales guidance widened to -4% to +1%, from -2% to +1%.
Fiscal 2025 GAAP diluted EPS guidance is $5.10 to $5.90, versus the prior $5.40 to $5.85.
The company declared a quarterly dividend of $0.13 per share, payable July 17, 2025.
Scott Boatwright, an independent Class III director of Academy Sports and Outdoors, resigned from the board effective immediately, with notice given on May 5, 2025. The board reduced its size from eleven to ten directors, and the filing states the resignation was not due to any dispute with the company or board over operations, policies or practices.
Director Scott Boatwright resigned effective immediately; notice given May 5, 2025
Board size reduced from eleven to ten directors, effective immediately
Filing states the resignation did not result from any disagreement over company operations, policies or practices
Academy Sports and Outdoors reported fourth-quarter fiscal 2024 net sales of $1.68 billion, down 6.6%, and diluted GAAP EPS of $1.89, down 14.5% from $2.21 a year earlier. For the full year, net sales fell 3.7% to $5.93 billion and diluted EPS fell 14.5% to $5.73, and the company gave initial fiscal 2025 guidance for GAAP diluted EPS of $5.40 to $5.85, with the midpoint below the 2024 result.
Q4 comparable sales declined 3.0%, a 190 basis point improvement from the third quarter
Fiscal 2025 guidance: net sales of $6.09 billion to $6.265 billion and GAAP diluted EPS of $5.40 to $5.85
Quarterly dividend raised 18% to $0.13 per share, payable April 17, 2025 to holders of record on March 25, 2025
Company expects the first quarter of 2025 to be the most challenging period for sales and EPS
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Academy Sports + Outdoors filing is on SEC EDGAR ↗. 8-K briefs of other companies →