Academy Sports Rides Outdoor Momentum into 2021
As its Southern markets relax pandemic restrictions, Academy Sports said it expects pandemic-boosted outdoor sales trends to remain strong, in a presentation to investors at the JP Morgan Retail Round-Up. Customers are continuing to invest in habits picked up last year, notably fishing, home gyms and bicycling. ASO cited 18-year-olds picking up fishing rods for girlfriends and bicyclists purchasing seats and air pumps as signs customers are in it for the long haul, along with deer stand sales and other indicators of long-term strength in hunting categories. Licensed apparel, the most challenged category through 2020, is bouncing back along with ... Log in to view full article.