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Academy Sports on Q1 Inventory: ‘We Are Not Where We Want to Be’

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Academy Sports + Outdoors saw year-over-year net sales jump 39.1 percent to a first-quarter record $1.58 billion, with those sales also growing 46.8 percent on a two-year basis. With $177.8 million in quarterly profits, the retailer is feeling optimistic about its 2021 comparable sales and earnings outlook. In a Nutshell: For the 2021 fiscal year,…

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