Your email has been successfully added to our mailing list.

×
0 -0.000656426414598948 -0.00188175572185028 -0.00328213207299462 -0.00800840225810692 -0.00555774364360426 -0.00652050238501601 -0.00897116099951867
Stock impact report

Why Academy Sports & Outdoors is going against the grain with store openings [Yahoo! Finance]

Academy Sports and Outdoors, Inc. (ASO) 
Company Research Source: Yahoo! Finance
Academy Sports and Outdoors has big competitors — Dick's Sporting Goods made more than double what Academy did last year — but its solution for growth is going small. Academy CEO Steve Lawrence said on an analyst call earlier this month that the sporting goods retailer plans to open 125 stores over the next five years (an increase of almost 40%), but it's not prioritizing locations close to major cities. Rather, the retailer is pursuing an “outside-in” strategy that focuses on opening stores primarily in exurbs and satellite markets before attempting to move inward. Approximately 40% of those stores will open in legacy markets, 40% will open in states Academy has operated in for at least five years and 20% will open in new markets. The strategy puts Academy closer to where its customers actually are, according to Lawrence. It also pushes the retailer out of the densely populated areas where Dick's often opens stores. Three examples of this new store strategy — in Searcy, Arizon Show less Read more
Impact Snapshot
Event Time:
ASO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ASO alerts
Opt-in for
ASO alerts

from News Quantified
Opt-in for
ASO alerts

from News Quantified