Facing a customer base battered by rising gas prices and inflation, Academy Sports senior executives mapped out their plan to grow sales and profits in a fireside chat at the Goldman Sachs Global Consumer and Retail Conference. ASO reported second-quarter results last week, noting a marked slowing in momentum after a tax-refund-bolstered Q1. Shoppers, especially those at the lower end of the income spectrum, are prioritizing basic needs and only shopping on occasions for promotional deals. That’s contributing to a customer mix shifting toward better-off demographics with household income above $100,000, ... Log in to view full article.