Academy Sports & Outdoors reports record growth in first year-end fiscal report since IPO

Katy-based Academy Sports & Outdoors Inc. (Nasdaq: ASO) reported across-the-board increases in its first fiscal year earnings report since it went public in 2020.

Net sales and income, along with gross profit, for the fiscal year ended Jan. 30 were all record totals for the company, Academy announced March 30. Net income, in particular, increased 157.2% to $308.8 million. Net sales were up 17.8% to $5.69 billion, buoyed by a 138.3% increase in e-commerce sales and a pandemic-fueled consumer desire…