Academy Sports and Outdoors

Academy Sports & Outdoors, Inc. owns and operates sporting goods and outdoor recreation retail stores. It offers hunting, fishing, and camping equipment and gear, sports and leisure products, footwear, and apparel. The company organizes its merchandise in four divisions: Outdoors, Sports and Recreation, Apparel and Footwear. The company was founded in 1938 by Max Gochman and is headquartered in Katy, TX.

Earnings data Q4 2020

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ASO faces Q1 sales decline but anticipates growth opportunities ahead

ASO's Q1 performance was challenged by declining net sales and adjusted net income. However, the company is focused on leveraging customer preferences and new initiatives for sales improvement in the second half. Despite short-term challenges, management remains committed to the long-term growth strategy and expressed confidence in the team and the company's future.

ASO reports $1.58B in Q2 sales, cautious on marketplace health

ASO's Q2 performance was in line with guidance, with strength in certain product categories and cautious considerations for marketplace health. The company is focused on managing expenses, investing in new initiatives, and maintaining a comfortable margin guide. Back-to-school sales and new partnerships present growth opportunities amidst challenges in the marketplace.

ASO reports Q3 sales decline, focuses on brand strength

ASO's Q3 performance reflects a decrease in sales and challenges in certain divisions, but it also demonstrates strengths in customer engagement and cash flow generation. The company faces challenges in new store openings and supply chain tailwinds, but sees opportunities in brand focus, EBITDA improvement, and customer value delivery.

Academy Sports and Outdoors reports solid earnings amidst growth plans

Academy Sports and Outdoors navigated a challenging macroeconomic environment in 2022 with solid earnings and market share growth. The company's focus on expense management and profitability drove adjusted net income growth despite softer sales.
Despite facing challenges with softer sales and inventory growth, Academy's strengths lie in managing expenses, enhancing inventory productivity, and sustaining gross margin. Opportunities for growth include expanding store base, improving omnichannel capabilities, and strengthening the supply chain.
Looking ahead, Academy is well-positioned to capitalize on growth opportunities through strategic initiatives and a focus on operational efficiency. The company's confidence in future performance and commitment to driving shareholder value underscore its resilience and potential for success.

Academy Sports reports Q1 sales decline but sees gains in market share and plans for growth

Academy Sports and Outdoors faced challenges in sales decline and decreased net income, but saw gains in market share and stable shrink expectations.
Management remains cautious due to macroeconomic pressures but is taking actions to drive business, control expenses, and support growth initiatives.
Opportunities lie in introducing new brands, targeted marketing, and enhancing omni-channel functionality to improve sales in the second half of the year.
Balanced inventory levels, strong cash flow, and focus on value and newness position the company for potential growth and stock buybacks.

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Academy Sports and Outdoors' aggressive expansion plan and omnichannel development could drive significant growth, potentially making the company  undervalued by 31%. The company's long-term strategy includes opening 160-180 new stores by 2027, enhancing omnichannel capabilities, and optimizing existing store productivity. Despite recent sales challenges, Academy's strong fundamentals and financial position support the feasibility of its growth plan, targeting $10 billion in revenue.

Academy Sports And Outdoors: Aggressive Expansion Strategy As A Revenue Driver

ASO's focus on store expansion and My Academy Rewards program bodes well. However, declining consumer demand and operational challenges pose concerns.

Here's Why Investors Should Retain Academy Sports Stock Now

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Academy Sports and Outdoors plans to open 160-180 new stores in five years, growing sales annually by 66%. Despite recent sales declines, ASO's improved inventory management and gross margin expansion indicate a strong business model. Management's commentary supports continued expansion.

Academy Sports and Outdoors: Strong Buy While Sentiment Remains Low

Academy Sports' second-quarter fiscal 2024 results reflect soft demand trends due to macroeconomic uncertainties.

ASO Q2 Earnings Meet Estimates, Sales Miss, '24 Guidance Down

Academy Sports and Outdoors, Inc. (NASDAQ:ASO ) Q2 2024 Earnings Call Transcript September 10, 2024 10:00 AM ET Company Participants Matt Hodges - VP of IR Steve Lawrence - CEO Carl Ford - CFO Conference Call Participants Brian Nagel - Oppenheimer Anthony Chukumba - Loop Capital Markets Seth Basham - Wedbush Securities Simeon Gutman - Morgan Stanley Justin Kleber - Baird Cristina Fernandez - Telsey Advisory Group Christopher Horvers - JPMorgan Henry Carr - UBS Robby Ohmes - Robby Ohmes John Kernan - Cowen Operator Good morning, ladies and gentlemen, and welcome to the Academy Sports and Outdoors Second Quarter Fiscal 2024 Results Conference Call. At this time, this call is being recorded and all participants are in listen-only mode.

Academy Sports and Outdoors, Inc. (ASO) Q2 2024 Earnings Call Transcript

Academy Sports and Outdoors faces challenges with declining earnings, underperforming new stores, and a downward revision of sales targets, leading to a neutral rating. Despite a 5-year expansion plan, Academy's comparable sales are down for the third consecutive year, contrasting with Dick's Sporting Goods' growth. ASO's Q2 results showed a 2.2% YoY decline in net sales and a 9.2% decrease in net income, with higher SG&A expenses impacting profitability.

Academy Sports And Outdoors Q2 Earnings: Why I Am About To Sell (Rating Downgrade)

Academy Sports + Outdoors (ASO) shares advanced in intraday trading Tuesday after the sporting goods and recreational products retailer beat second-quarter adjusted profit expectations, even though it posted a sales drop and cut its guidance amid difficult economic conditions.

Sales Fall at Academy Sports + Outdoors as It Faces 'Tough' Environment

Academy Sports and Outdoors, Inc. is rated a buy due to its ongoing expansion, inventory management, and improving margins despite mixed Q2 results. Suggested trade is outlined similar to the author's investing service. The company plans to open 100 new stores in five years, enhancing long-term growth prospects despite current macroeconomic pressures and short-term sales declines.

Academy Sports And Outdoors: Challenging Q2 But A Trade Emerges

Academy Sports and Outdoors, Inc. (ASO) came out with quarterly earnings of $2.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.09 per share a year ago.

Academy Sports and Outdoors, Inc. (ASO) Q2 Earnings Match Estimates

Net Sales Decline (2.2)% ; Comparable Sales of (6.9)% GAAP Diluted EPS of $1.95 , or $2.03 Adjusted Diluted EPS Year-to-Date Adjusted Free Cash Flow +60%; Utilized to Return $107 Million to Shareholders in Q2 Fiscal 2024 Guidance Revised; Reaffirming Gross Margin Rate Guidance KATY, Texas, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") today announced its financial results for the second quarter ended August 3, 2024.

Academy Sports + Outdoors Reports Second Quarter 2024 Results

Academy Sports and Outdoors, Inc. ASO is set to report earnings results for its second quarter, before the opening bell on Tuesday.

How To Earn $500 A Month From Academy Sports And Outdoors Stock Ahead Of Q2 Earnings Report

Academy Sports and Outdoors, Inc. ASO will release earnings results for its second quarter, before the opening bell on Tuesday, Sept. 10.

Top Wall Street Forecasters Revamp Academy Sports and Outdoors Price Expectations Ahead Of Q2 Earnings

KATY, Texas , Sept. 5, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company" or "Academy") (Nasdaq: ASO) announced today that its Board of Directors approved the declaration of a quarterly cash dividend with respect to the fiscal quarter ended August 3, 2024 of $0.11 per share of the Company's common stock.

Academy Sports + Outdoors Announces Quarterly Cash Dividend

Academy Sports' emphasis on strategic expansion bodes well. The company plans to open nine new stores this fall to enhance its market presence.

ASO to Expand Footprint With Nine New Stores in Fall 2024

The nine new locations will strengthen Academy's existing footprint across eight states KATY, Texas , Sept. 3, 2024 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") ( Nasdaq: ASO ), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce it will open 9 new stores in fall of 2024 in Beckley, West Virginia ; Kingsport, Tennessee ; Bloomington, Indiana ; Selma, North Carolina ; Ft.

Academy Sports + Outdoors Continues Growth with Nine Additional New Stores Opening in Fall 2024

KATY, Texas , Aug. 27, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy" or the "Company") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, plans to release its second quarter fiscal 2024 financial results before the market opens on Tuesday, September 10, 2024. Academy will host a live conference call that day at 10:00 a.m.

Academy Sports + Outdoors Announces Second Quarter Fiscal 2024 Results Conference Call

Academy Sports (ASO) second-quarter 2024 performance is likely to have been hurt by a challenging macroeconomic environment that is impacting its customer base.

Academy Sports (ASO) Before Q2 Earnings: To Buy or Not to Buy?

Academy Sports and Outdoors (ASO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Academy Sports and Outdoors, Inc. (ASO) Q2 Earnings Expected to Decline

Academy Sports and Outdoors offers long-term value creation in the sporting goods retail sector through strategic positioning and growth opportunities. Strategic store expansion and omnichannel capabilities with improved economics, balancing new and existing markets. Supply chain optimization for margin expansion and cash flow generation.

Academy Sports and Outdoors: A Value Play In Sporting Goods Retail

Academy Sports (ASO) stock is grappling with high inflation rates, curbed discretionary spending and margin pressures.

Academy Sports (ASO) Falls 15% YTD: What's Next for Investors?

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