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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Earnings data Q4 2022

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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 went public in October 2020, raising $203 million in a U.S. IPO. The firm sells outdoor and sports apparel and related items in the U.S. ASO has grown impressively but faces inflation and labor market pressures.

Academy Sports Grows But Inflation And Labor Shortage Worries Persist

The average of price targets set by Wall Street analysts indicates a potential upside of 29.2% in Academy Sports and Outdoors, Inc. (ASO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Academy Sports and Outdoors, Inc. (ASO) Have the Potential to Rally 29% as Wall Street Analysts Expect?

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Academy Sports and Outdoors, Inc. (ASO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Academy Sports and Outdoors, Inc. (ASO): Will It Gain?

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Academy Sports and Outdoors (ASO) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

Surging Earnings Estimates Signal Good News for Academy Sports and Outdoors (ASO)

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Academy Sports and Outdoors (ASO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Academy Sports and Outdoors (ASO) Stock Might be a Great Pick

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Has Academy Sports and Outdoors, Inc. (ASO) Outpaced Other Consumer Discretionary Stocks This Year?

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KATY, Texas, Dec. 17, 2021 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy" or the "Company") (Nasdaq: ASO) announced today, effective immediately, the appointment of Chris Turner to its Board of Directors (the "Board") and Audit Committee. With this change, Academy's Board now comprises ten directors.

Academy Sports + Outdoors Announces Appointment of Chris Turner to Board of Directors

Academy Sports & Outdoors reported a sales increase of 18.1% to a record of $1.59 Billion in the third quarter of fiscal 2021.

Academy Sports & Outdoors Reports Strong Third Quarter 2021

The shares of Academy Sports and Outdoors Inc (NASDAQ: ASO) have received a $56 price target from UBS. These are the details.

Academy Sports And Outdoors Stock (ASO): $56 Price Target From UBS

Academy Sports and Outdoors, Inc. (ASO) CEO Ken Hicks on Q3 2021 Results - Earnings Call - Transcript

Academy Sports and Outdoors, Inc. (ASO) delivered earnings and revenue surprises of 50.86% and 6.02%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Academy Sports and Outdoors, Inc. (ASO) Q3 Earnings and Revenues Beat Estimates

Academy Sports And Outdoors Inc (NASDAQ: ASO) reported third-quarter FY21 sales growth of 18.1% year-on-year, to $1.59 billion, beating the analyst consensus of $1.49 billion. Comparable sales increased 17.9% versus last year.

Academy Sports And Outdoors Q3 Earnings Top Estimates

Academy Sports (NASDAQ:ASO) reported its Q3 earnings results on Friday, December 10, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

Academy Sports: Q3 Earnings Insights

Net Sales Increased 18.1%; 39.1% Growth over Two Years

Academy Sports + Outdoors Reports Record Third Quarter 2021 Results and Raises FY 2021 Guidance

Academy Sports (NASDAQ:ASO) is set to give its latest quarterly earnings report on Friday, 2021-12-10. Here's what investors need to know before the announcement.

Academy Sports's Earnings Outlook

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Academy Sports and Outdoors (ASO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Academy Sports and Outdoors (ASO) This Earnings Season?

Academy Sports and Outdoors' (ASO) fiscal third-quarter top line is likely to have benefitted from higher demand in the licensed apparel business and sporting goods as well as solid e-commerce sales.

What's in Store for Academy Sports and Outdoors' (ASO) Q3 Earnings?

News for Academy Sports and Outdoors Stock (ASO)