Investing.com - Academy Sports reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Academy Sports announced earnings per share of $2.3 on revenue of $1.69B. Analysts polled by Investing.com EPS of $2.07 on revenue of $1.71B.
Academy Sports 's are down 4% and is trading at $44.57 , still down 17.91% from its 52 week high of $51.08 set on Monday, November 22, 2021.
Academy Sports shares gained 6.30% to trade at $44.57 in pre-market trade the report.
Academy Sports follows other major Consumer Discretionary sector earnings this month
Academy Sports's report follows an earnings beat by Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on Wednesday, August 17, 2022 with second quarter EPS of $4.67 on revenue of $27.48B, for EPS of $4.58 on revenue of $28.12B.
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