The calendar date referenced for each IPO is the expected pricing date. With the IPO, Academy expects to grant the underwriters — including Credit Suisse, J.P. Morgan, KKR Capital Markets and BofA Securities — a 30-day option from the date of the prospectus to purchase up to an additional 2.34 million shares to cover any over-allotments. Academy Sports and Outdoors (ASO) aims to raise $250 million in an IPO of its common stock, according to an S-1 registration statement. WordPress.com VIP. “Through the years, we have concentrated on serving our customers and communities, in both good and bad times,” chairman, president and CEO Ken Hicks wrote in a filing yesterday with the Securities and Exchange Commission. The company issued 15,600,000 shares at a price of $15.00-$17.00 per share. Academy Sports had aimed to sell 15.6 million shares at a target price range of $15-$17 per share. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. MEDIA-KKR's Academy Sports confidentially files for IPO - Bloomberg News. Please fill out this field with valid email address. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. Academy Sports did not respond to a request for comment. Academy Sports had aimed to sell 15.6 million shares at a target price range of $15-$17 per share. The Katy, TX-based company plans to … Academy Sports and Outdoors, Inc., in its first earnings report since going public, reported earnings rose 188 percent on an adjusted basis in the third quarter ended October 31 as revenues jumped 17.8 percent. Powered by Academy Sports and Outdoors, a value-oriented sports and outdoor equipment retailer in the southern US, raised $203 million by offering 15.6 million shares at $13, well below the range of … The summary historical consolidated financial data of Academy Sports and Outdoors, Inc. has not been presented, as Academy Sports and Outdoors, Inc. is a newly incorporated entity, has had no business transactions or activities to date other than in connection with its formation and this offering and had no assets or liabilities during the periods presented in this section. Academy Sports and Outdoors has filed to raise $250 million in an IPO. Academy, Ltd., doing business as Academy Sports + Outdoors, retails sports related products. Academy Sports and Outdoors, a Katy, Texas-based discount sporting goods chain with about 260 stores, mainly in the southern states, has filed preliminary paperwork with the Securities and Exchange Commission for an initial public offering. They are already generating positive cash flows and feel the valuation will grow massively. It plans to sell 15.625 million shares of its common stock, which will be listed on the NASDAQ Global Select Market under the ticker symbol “ASO.” Academy Sports + Outdoors is one of the leading full-line sporting goods and outdoor recreation retailers in the United States. ET by Barron's Academy Sports shares fall after trading debut © 2020 Fairchild Publishing, LLC, a subsidiary of Penske Business Media, LLC.FN and Footwear News are registered trademarks of Fairchild Publishing, LLC. Academy Sports’ COVID-driven IPO Retail | Sep 25, 2020 In anticipation of Academy Sports & Outdoors’ upcoming IPO, we analyzed the retailer’s market share, channel performance, the impact of its geographic profile, and shopper cohorts including recipients of the federally granted stimulus check. Academy Sports Outdoors is registered under the ticker NASDAQ:ASO . Originally founded in 1938 as a family business in Texas, we have grown to 259 stores across 16 contiguous states, primarily in the southern United States. Academy Sports and Outdoors Inc, owned by U.S. private equity firm KKR & Co, on Wednesday filed for an initial public offering in the United States, making it… Academy Sports had aimed to sell 15.6 million shares at a target price range of $15-$17 per share. Academy Sports Stock Falls Below $13 IPO Price in First Day of Trading Oct. 2, 2020 at 1:27 p.m. Read full article. The summary historical consolidated financial data of Academy Sports and Outdoors, Inc. has not been presented, as Academy Sports and Outdoors, Inc. is a newly incorporated entity, has had no business transactions or activities to date other than in connection with its formation and this offering and had no assets or liabilities during the periods presented in this section. Athletic retailer Academy Sports is another hot IPO stock to watch. KATY, Texas, Sept. 24, 2020 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy") today announced the launch of its initial public … The lackluster IPO comes despite a surge in demand from U.S. customers looking for more at-home leisure activities during the … The Top Bankruptcies Across Fashion and Footwear in 2020, Academy Sports + Outdoors Stock Surges Double Digits Following Blowout Quarterly Earnings and Sales, Academy Sports + Outdoors Reveals Its Cyber Week Deals -- and There Are Plenty of Discounts on Shoes, Academy Sports + Outdoors Begins Trading, IPO Priced Below Expected Range, From ‘Star Wars’ to ‘Frozen,’ the Best Disney Face Masks for Adults to Buy Now, 11 Best-Selling Foot Peel Masks to Keep Your Feet Super Soft, 14 Nail Polish Color Trends You’re About to See Everywhere This Summer, The Best Dior Sneakers and Charms You Can Shop Now, Dior B23 Sneaker in Gradient Blue Dior Oblique Canvas $990, All the Brands and Retailers Helping to Get Out the Vote in November, The Best Shoe Organizers to Store Your Favorite Footwear, Here Are the Most In-Demand Jobs This Holiday Season, The Heart and Sole of the Footwear Industry. The lead underwriters of the IPO are Credit Suisse, J.P. Morgan, KKR and BofA Securities. In the filing, Academy estimated that it served 30 million customers and brought in sales of $4.8 billion for the 2019 fiscal year. This description is not intended to be a recommendation to buy stock from this company. Academy Sports did not respond to a request for comment. It also captures the … Valuation stands at 1.1B. This description is adapted from prospectus. KKR-Backed Academy Sports Falls 7% in Nasdaq Debut By Reuters , Wire Service Content Oct. 2, 2020 By Reuters , Wire Service Content Oct. 2, 2020, at 11:48 a.m. For IPO Boutique's "scale of 1 to 5" BUY rating on Academy Sports and Outdoors, Inc., and our comprehensive analysis, click "Buy Market Research ". The offering comes at a challenging time for the retail industry, which has been besieged with widespread bankruptcies and permanent store closures as a result of the coronavirus pandemic. 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