Academy Sports + Outdoors reported earnings earlier this week, and while they saw price sensitivity and macro headwinds like other retailers, they actually had success in outdoor cooking. That’s different than what we heard from The Home Depot and Lowe’s.
Taking Market Share
While other retailers have struggled so far this year with grill sales, Academy Sport said that was a bright spot on their Q1 earnings call. While bikes and fitness equipment was a laggard due to tough comps, outdoor cooking helped buoy the Sports and Recreation segment.