India, June 10 -- Academy Sports and Outdoors, Inc. (ASO) revealed earnings for first quarter that decreased from last year and missed the Street estimates.
The company's bottom line came in at $46.08 million, or $0.68 per share. This compares with $76.47 million, or $1.01 per share, last year.
Excluding items, Academy Sports and Outdoors, Inc. reported adjusted earnings of $51.60 million or $0.76 per share for the period.
Analysts on average had expected the company to earn $0.89 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.0% to $1.351 billion from $1.364 billion last year.
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