Academy Sports activities + Open air Broadcasts Quarterly Money Dividend | Information

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KATY, Texas, June 2, 2022 /PRNewswire/ — Academy Sports and Outdoors, Inc. (the “Company” or “Academy”) (Nasdaq: ASO) announced today that its Board of Directors has declared a quarterly cash dividend for the current fiscal quarter April 30, 2022from $0.075 per share of the company’s share capital. The dividend is payable on July 14, 2022to shareholders of record at close of business on June 16th2022.

About Academy Sports + Outdoors

Academy is a leading full-line retailer of sporting goods and outdoor recreation in The United States. Originally established in 1938 as a family business Texas, Academy has grown to 260 stores in 16 states. Academy’s mission is to provide “Fun for All,” and Academy delivers on that mission with a localized merchandising strategy and value proposition that creates a strong connection with a broad spectrum of consumers. Academy’s product range focuses on the key categories Outdoor, Apparel, Footwear and Sports & Leisure, through both leading national brands and a portfolio of private labels. Visit academy.com for more information.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Academy’s current expectations and are not guarantees of future performance. You can identify these forward-looking statements by using words such as “outlook”, “guidance”, “believes”, “expects”, “potential”, “continue”, “may”, “will”, “should”, “could” , “aims”, “predicts”, “predicts”, “intends”, “plans”, “estimates”, “anticipates” or the negative version of these words or other similar words. Forward-looking statements include, among other things, statements regarding the payment of dividends, including the timing and amount thereof, the Company’s expectations regarding its future performance and the Company’s future financial condition to support future dividend growth, and are subject to various risks, uncertainties, Assumptions or changes in circumstances that are difficult to predict or quantify. Actual results could differ materially from these expectations due to changes in global, regional or local economic, business, competitive, market, regulatory and other factors, many of which are beyond the Academy’s control. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set out in the Academy’s filings with the US Securities and Exchange Commission (the “SEC”), including the Company’s annual report on form 10-K, below the heading “Risk Factors” as may be updated from time to time in our periodic filings with the SEC. All forward-looking statements in this press release speak only as of the date of this press release. Academy undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable securities laws.

Media Inquiries:

Elisa Hasbrook

Vice President Communications

281.253.8200

[email protected]

Investor Inquiries:

Matt Hodges

Vice President Investor Relations

281.646.5362

[email protected]

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SOURCE Academy Sport + Outdoor