Academy Sports + Outdoors is Coming for the Midwest

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The sporting goods and outdoor cooking retailer Academy Sports + Outdoors has been on a tear with new store openings. They added 9 new stores in 2022, and are targeting an additional 13 to 15 in 2023. While they have traditionally focused on the southern part of the country, their openings are creeping north, a trajectory they plan to continue.

Geographic Growth Plan

Academy Sports Growth Map
Academy Sports Growth Map

Academy presented their growth plan at an investor day this week. It included opening 70-80 stores in markets adjacent to their current footprint. The new stores will extend north through Michigan and west past Denver.

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