Bankruptcy on the horizon for Academy Sports & Outdoors? Who agrees with me?
The overall credit profile is getting worse by the day but we are still highly liquid, no debt matures any time soon (at least not in next three years) - so it may take a while before things become difficult. Overall, I think Bankruptcy will happen at some point, but we may have to wait 24 to 36 months before things get really bad.
2022 is when the loan is due. Overseas suppliers are already trying to get their payment terms adjusted to be more in their favor, for risk of non or incomplete payment.
R.I.P.
It's a when.... not an If.... only a matter of time bankruptcy happens... only question is it chapter 7 or 11....
Winter is coming.
We will see what happens - the entire industry has problems
I think it's unlikely that we'll go BK...