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Academy Sports and Outdoors Priced, Nasdaq: ASO

Value-oriented sports and outdoor equipment retailer in the southern US.

Industry: Consumer Discretionary

Latest Trade: $41.48 +0.62 (+1.5%)

First Day Return: -0.1%

Return from IPO: +214.3%

Industry: Consumer Discretionary

Academy Sports + Outdoors is one of the leading full-line sporting goods and outdoor recreation retailers in the United States. We estimate that we served 30 million unique customers and completed approximately 80 million transactions in 2019 across our seamless omnichannel platform and highly productive stores, resulting in net sales of $4.8 billion and making us the largest value-oriented sporting goods and outdoor recreation retailer in the country. We have continually increased our market share by expanding our leadership in fast-growing merchandise categories and offering a broad, value-oriented assortment with deep and localized customer connections. Originally founded in 1938 as a family business in Texas, we have grown to 259 stores across 16 contiguous states, primarily in the southern United States. Our mission is to provide "Fun for All" and fulfill this mission with a localized merchandising strategy and value proposition that deeply connect with a broad range of consumers. Our product assortment focuses on key categories of outdoor, apparel, footwear and sports & recreation through both leading national brands and a portfolio of 17 owned brands, which go well beyond traditional sporting goods and apparel offerings.
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IPO News for Academy Sports and Outdoors
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IPO Data
IPO File Date 09/09/2020
Offer Price $13.00
Price Range $15.00 - $17.00
Offer Shares (mm) 15.6
Deal Size ($mm) $203
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/01/2020
Offer Price $13.00
Price Range $15.00 - $17.00
Offer Shares (mm) 15.6
Deal Size ($mm) $203
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Katy, TX
Founded 1938
Employees 21,000
Website www.academy.com