Academy Sports & Outdoors reports record quarterForbes 12/13/2021
Academy Sports & Outdoors posted a same-store sales increase of 17.9 percent in the third quarter. The company raised its sales and earnings forecasts for the year based on its recent results. The company, which operates 259 stores, expects to open between eight and 10 new locations in 2022. The retailer also plans to expand its private label presence to help boost margins.