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Academy Sees Growth in Higher Income Consumers, the Impacts of Fuel Prices

Academy Sports + Outdoors reported earning this week and saw some continuation of consumer themes, and some new ones. Their Q1 that they reported went through May 2nd, so it captures a little more of Spring than companies following a calendar year.

They continue to see growth from more higher income consumers shopping with them. That contrasts with lower income consumers that continue to see pressure and are spending less.

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