Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Q4 2022 Results Conference Call March 16, 2023 10:00 AM ET
Company Participants
Matt Hodges - VP, IR
Ken Hicks - Chairman, President & CEO
Michael Mullican - EVP, CFO
Steve Lawrence - EVP, Chief Merchandising Officer
Conference Call Participants
Brian Nagel - Oppenheimer
Daniel Imbro - Stephens
Greg Melich - Evercore ISI
Kate Fitzsimons - Wells Fargo
Nathan Friedman - Wedbush Securities
Alex Perry - Bank of America
Megan Alexander - JP Morgan
Operator
Good morning, ladies and gentlemen and welcome to Academy Sports and Outdoor's Fourth Quarter and Fiscal Year-End 2022 Results Conference Call. At this time, this call is being recorded. [Operator Instructions]
I will now turn the call over to Matt Hodges, Vice President of Investor Relations for Academy Sports and Autos. Matt, please go ahead.
Matt Hodges
Good morning, everyone. Thank you for joining the Academy Sports & Outdoors Fourth Quarter and Fiscal 2022 Financial Results call. Participating on the call are Ken Hicks, Chairman, President and CEO; Michael Mullican, Executive Vice President and CFO, and and Steve Lawrence, Executive Vice President and Chief Merchandising Officer.
As a reminder, statements in today's earnings release and the comments made by management during this call may be considered forward-looking statements. These statements are subject to risks and uncertainties that could cause our actual results to differ materially from our expectations and projections. These risks and uncertainties include, but are not limited to, the factors identified in the earnings release and in our SEC filings.
The company undertakes no obligation to revise any forward-looking statements. Today's remarks also refer to certain non-GAAP financial measures. Reconciliations to the most comparable GAAP measures are included in today's earnings release, which is available at investors.academy.com.
Unless otherwise noted, comparisons are in 2021, the 2019 comparisons also provided where appropriate, to benchmark performance given the impact of the pandemic in 2020 and 2021.
I will now turn the call over to our CEO, Ken Hicks.
Ken Hicks
Thank you, Matt. Good morning, and thank you all for joining us today. As we wrap up and reflect upon fiscal 2022, we closed out a year that was both rewarding and challenging. During the fourth quarter and the full year, we faced pressure from the uncertain macroeconomic environment and comp periods of our strongest financial results.
Our team effectively executed against our strategic plan. And as a result, we delivered solid earnings generated and returned a significant amount of free cash flow, grew market share and created value for our stakeholders despite not meeting our sales expectations.