Here's Why Investors Should Retain Academy Sports Stock Now
Academy(ASO) ZACKS·2024-10-15 20:21
Academy Sports and Outdoors, Inc. (ASO) is likely to benefit from expansion efforts, digital efforts and loyalty programs. Also, the focus on footwear and outdoor divisions bodes well. However, declining consumer demand and operational challenges pose concerns.Factors Driving ASO StockAcademy Sports focuses on expanding its footprint to drive growth. The company’s new store growth remains a primary sales driver, with its 2022 and 2023 vintages posting positive comps despite a challenging retail environment. ...