Academy Sports & Outdoors Raises Quarterly Dividend 15% to $0.15 Per Share
Academy Sports & Outdoors, Inc. (NASDAQ: ASO), a sporting goods and outdoor recreation retailer, declared a quarterly cash dividend of $0.15 per share, marking a 15% increase from its previous $0.13 quarterly payout. This represents the company's fourth consecutive year of dividend growth.
Academy Sports & Outdoors, Inc. (NASDAQ: ASO), a sporting goods and outdoor recreation retailer, declared a quarterly cash dividend of $0.15 per share, marking a 15% increase from its previous $0.13 quarterly payout. This represents the company's fourth consecutive year of dividend growth. Read more dividend announcements.
The company's board of directors approved the dividend on March 5, 2026. Shareholders of record as of March 20, 2026 will receive payment on April 10, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $0.15 per share |
| Previous Amount | $0.13 per share |
| Increase | 15% |
| Record Date | March 20, 2026 |
| Payment Date | April 10, 2026 |
| Frequency | Quarterly |
Financial Performance Context
The dividend increase comes as Academy reported fourth quarter sales of $1.72 billion, up 2.5% from the prior year period. Full year fiscal 2025 sales reached $6.05 billion, representing 2.0% growth over fiscal 2024.
Fourth quarter diluted earnings per share came in at $1.98, up 4.8% year-over-year. For the full fiscal year ended January 31, 2026, the company reported diluted earnings per share of $5.54.
Academy paid out $34.7 million in total dividends during fiscal 2025, compared to $31.5 million in the prior year, a 10.2% increase. The company also repurchased $200.8 million of its shares during the year.
Store Expansion and Outlook
The Katy, Texas-based retailer opened 24 new stores in fiscal 2025, bringing its total store count to 322 locations with approximately 21.9 million gross square feet. The company plans to open an additional 20 to 25 stores during fiscal 2026.
Academy provided fiscal 2026 guidance projecting annual sales growth of 2% to 5%. Cash and cash equivalents stood at $330.3 million as of January 31, 2026, up 14.3% from the prior year.