Academy Sports and Outdoors Inc Corporate Analyst Meeting Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Atul Maheswari - UBS Investment Bank, Research Division - Analyst : Atul Maheswari from UBS on behalf of Michael Lasser. As you grow more stores, you're going to increasingly be overlapping with your largest competitor. Do you believe that could raise the competitive intensity and maybe raise promotions? And could that have margin implication? And then related to that question, how are the margins for your stores that do not overlap your largest competitor versus those that do?

Question: John Edward Heinbockel - Guggenheim Securities, LLC, Research Division - Analyst : John Heinbockel of Guggenheim. So 2 things. Can you talk about the opportunity with the 30 million or existing customers that you have, right, to data mine and capture wallet share because that would seem like that could represent maybe the bulk of the existing store opportunity. And then secondly, it sounds like maybe in the last year of the plan, you're up around, I don't know, 40 openings or something like that. Assuming real estate is not an issue. Maybe talk about gating factor in terms of people and the ability to get to the 40 million and then beyond that in the out years.