Greater product depth and strengthened vendor relationships are helping Academy Sports navigate current macro headwinds, and double-digit store openings are on track for this year, ASO told the Goldman Sachs Global Retailing Conference. Of last year’s nine new stores, six have still not hit the 12-month mark but are already contributing positive cash flow. No slowdown is expected in the march to 120-140 new stores by FY ’27 as outlined at Academy’s Investor Day. All of the new openings are being funded with existing cash flow.

Academy had expanded the depth of ... Log in to view full article.