Moody’s Gives Academy Sports Stable Outlook
The ratings agency affirmed ASO’s corporate family rating and senior secured first lien term loan at Ba2, but changed its outlook to stable from positive. The change reflects the challenging environment as consumers pull back on discretionary spending due to tariff uncertainty, high costs, and interest rates. Despite improvements in merchandising and omnichannel, as well as store expansion fueling growth, ... Log in to view full article.
