Academy Sports and Outdoors, Inc. (NASDAQ:ASO) reported first-quarter results on Tuesday. The company reported quarterly adjusted earnings per share of 76 cents, missing the analyst consensus estimate of 90 cents. Net sales of $1.35 billion missed the Street view of $1.37 billion. First-quarter sales for the company experienced a slight decline of 0.9%, with comparable sales falling by 3.7%. Also Read: Academy Sports’ Growth Potential Uncertain Amid Macroeconomic Challenges: Analyst Explains Why