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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Celsius Holdings

NICE Ltd

Academy Sports will open more than 100 new stores in the coming years while management simultaneously tries to improve profit margins. Celsius stock dropped after one analyst raised concerns about its market share in the U.S., but the energy drink company has a multiyear growth opportunity overseas.

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Academy's shares are down 70 percentage points year-to-date compared to DICK's Sporting Goods. Q1 2024 earnings showed net sales and comp sales decline, with concerns over new store performance. Despite underperformance, Academy's valuation remains attractive with potential for growth and recovery.

Academy Sports And Outdoors: Why Earnings Challenged My Bull Case

Academy Sports (ASO) first-quarter fiscal 2024 results hurt by the current economic environment.

Academy Sports (ASO) Q1 Earnings & Revenues Lag Estimates

Academy Sports And Outdoors Inc ASO reported worse-than-expected first-quarter FY24 earnings on Tuesday.

These Analysts Slash Their Forecasts On Academy Sports And Outdoors After Weak Q1 Earnings

Academy Sports & Outdoor (Academy) sales in first quarter failed to meet expectations. Net sales decreased (1.4) % to $1,364.2.

Academy Sports & Outdoors Misses Results In First Quarter 2024

Academy Sports and Outdoors reported Q1 results showing continued weakness as macroeconomic pressures on the consumer persist. The FY2024 guidance was reaffirmed, and with Q1 results only missing estimates slightly, I believe that the report was solid overall. The company targets aggressive retail location openings. With a demand recovery combined with long-term revenue growth, the stock has great upside even with more conservative estimates than is targeted.

Academy Sports and Outdoors Q1: Investors Are Impatient On The Wait For Growth Return

While the top- and bottom-line numbers for Academy Sports and Outdoors (ASO) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Academy Sports and Outdoors (ASO) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Academy Sports and Outdoors, Inc. (NASDAQ:ASO ) Q1 2024 Earnings Conference Call June 11, 2024 10:00 AM ET Company Participants Matt Hodges - VP, IR Steve Lawrence - CEO Carl Ford - CFO Conference Call Participants Seth Basham - Wedbush Securities Justin Cleaver - Baird Michael Lasser - UBS Simeon Gutman - Morgan Stanley Chris Horvers - JPMorgan Kate McShane - Goldman Sachs Robbie Ohmes - Bank of America Greg Melich - Evercore ISI Anthony Chukumba - Loop Capital Markets John Kernan - TD Cowen John Heinbockel - Guggenheim Securities Operator Good morning, ladies and gentlemen, and welcome to the Academy Sports and Outdoors First 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) Q1 2024 Earnings Call Transcript

Academy Sports and Outdoors, Inc. stock is down after a mixed earnings report, but is considered a trader's stock with potential for growth. The company plans to expand its store base by 30% in the next few years, despite weak Q1 performance and consumer pressures. While the short-term outlook is murky, long-term prospects for Academy Sports and Outdoors, Inc. are positive, with a healthy balance sheet and growth potential.

Academy Sports and Outdoors: A Complete Reset Presents An Opportunity

Shares of Academy Sports + Outdoors (ASO) fell Tuesday after the sporting goods and outdoor recreation gear retailer posted worse-than-expected quarterly results as it said its shoppers faced tough times financially.

Academy Sports + Outdoors Results Hit as Economic Pressure Affects Shoppers

Academy Sports and Outdoors, Inc. (ASO) came out with quarterly earnings of $1.08 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.30 per share a year ago.

Academy Sports and Outdoors, Inc. (ASO) Q1 Earnings and Revenues Lag Estimates

Academy Sports (ASO) announces an exclusive partnership with DoorDash, a leading local commerce platform.

Academy Sports (ASO) Partners With DoorDash for On-Demand Delivery

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Net Sales Decline (1.4)% ; Comparable Sales Decline (5.7)% GAAP Diluted EPS of $1.01 , or $1.08 Adjusted Diluted EPS Opened Two New Stores During the First Quarter Returned $132 Million to Shareholders Through Share Repurchases and Dividends KATY, Texas, June 11, 2024 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") today announced its financial results for the first quarter ended May 4, 2024. Steve Lawrence, Chief Executive Officer, commented, "As expected, our first quarter results reflect that our customers remain under pressure in the current economic environment.

Academy Sports + Outdoors Reports First Quarter 2024 Results

DoorDash

New partnership offers consumers convenient, on-demand access to apparel, footwear, sporting goods and outdoor recreation equipment, and more KATY, Texas , June 10, 2024 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") ( Nasdaq: ASO ) today announced a new exclusive partnership with DoorDash (Nasdaq: DASH), the local commerce platform, to offer on-demand delivery from Academy's 285 stores across 19 states during the upcoming Back-to-School season. Academy products can be ordered directly through the DoorDash app, helping consumers easily pursue their sports and outdoors passions by shopping for items they need delivered on the same day, in under an hour on average.

Academy Sports + Outdoors Announces New Exclusive Partnership with DoorDash for On-Demand Delivery of Sports and Outdoor Fun

KATY, Texas , June 6, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy") (Nasdaq: ASO) today announced that Scott Boatwright has been appointed to its Board of Directors (the "Board"), effective immediately. With this change, Academy's Board now comprises 11 directors.

Academy Sports + Outdoors Appoints Scott Boatwright to its Board of Directors

Academy Sports and Outdoors' (ASO) first-quarter fiscal 2024 results are likely to reflect dismal comparable sales performance.

Academy Sports and Outdoors (ASO) to Report Q1 Earnings: What to Expect?

Beyond analysts' top -and-bottom-line estimates for Academy Sports and Outdoors (ASO), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended April 2024.

Seeking Clues to Academy Sports and Outdoors (ASO) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

KATY, Texas , June 3, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company") (Nasdaq: ASO) today announced its participation in the following upcoming investor conference: Oppenheimer 24th Annual Consumer Growth Conference Date: June 12, 2024 Location: VirtualFormat: Small group meetings and fireside chatFireside chat: Wednesday, June 12, 2024 at 10:30 a.m. Eastern Time Participants: Steve Lawrence, CEO and Carl Ford, CFO A live and replay webcast (for 30 days) of the fireside chat, will be made available on the Company's investor relations website at investors.academy.com.

Academy Sports + Outdoors Announces Participation in Upcoming Investor Conference

KATY, Texas , May 28, 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 first quarter fiscal 2024 financial results before the market opens on Tuesday, June 11, 2024. Academy will host a live conference call that day at 10:00 a.m.

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

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Academy Sports and Outdoors (ASO) opens its first store in Ohio, expanding reach and promising robust growth.

Academy Sports (ASO) Expands to Ohio, Boosts Growth Prospects

The state's first location will be in Zanesville, OH KATY, Texas , May 21, 2024 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce the opening of its first store in Ohio. Located in Zanesville at 3925 Gorsky Dr., the approximately 54,000-square-foot store brings a wide assortment of sports and outdoors merchandise to the area.

Academy Sports + Outdoors Opens First Store in Ohio, Expanding Footprint to 19 States

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News for Academy Sports and Outdoors Stock (ASO)