Academy Sports Outdoors Inc (ASO)
Gross profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,011,460 | 2,110,210 | 2,110,210 | 2,212,500 | 2,212,500 |
| Revenue | US$ in thousands | 5,933,450 | 6,112,570 | 6,159,290 | 6,395,070 | 6,347,110 |
| Gross profit margin | 33.90% | 34.52% | 34.26% | 34.60% | 34.86% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,011,460K ÷ $5,933,450K
= 33.90%
The gross profit margin of Academy Sports Outdoors Inc has shown a slight decline over the years based on the data provided. As of January 28, 2023, the gross profit margin stood at 34.86%, which decreased to 34.60% by January 31, 2023. Subsequently, it further declined to 34.26% by January 31, 2024, before experiencing a slight rebound to 34.52% by February 3, 2024. However, the trend reversed again, with the gross profit margin dropping to 33.90% by January 31, 2025.
This data suggests that Academy Sports Outdoors Inc may be experiencing challenges in managing its costs of goods sold relative to its revenue. A decreasing gross profit margin over time may indicate pricing pressures, higher production costs, or inefficient inventory management. It could be beneficial for the company to closely monitor and analyze its cost structure to identify areas for improvement and mitigate further declines in its gross profit margin.
Peer comparison
Jan 31, 2025