Academy Sports Gets More Love from Moody’s
The ratings agency has repeatedly praised ASO’s conservative financial management and diligent debt repayment since shortly after its IPO, and has now upgraded its corporate family rating and debt ratings to Ba2 from Ba3. The outlook remains stable. Moody’s expects Academy's revenue and earnings decline somewhat over the next 12-18 months due to lower consumer disposable income and falling demand ... Log in to view full article.
