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' business is slowing down just like the other players in its space. Unlike the other players, however, margins are holding up well and management is maintaining most of its full-year guidance.

Here's Why Academy Sports Stock Jumped Higher on Thursday

Academy Sports and Outdoors, Inc. (ASO) came out with quarterly earnings of $2.09 per share, beating the Zacks Consensus Estimate of $2 per share. This compares to earnings of $2.30 per share a year ago.

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

Academy Sports and Outdoors Inc has lifted its fiscal 2023 earnings guidance despite seeing net sales decline during the second quarter. The firm reported 2Q earnings per share of $2.09, ahead of the analyst estimates of around $2.02.

Academy Sports and Outdoors lifts FY2023 earnings guidance after mixed 2Q earnings

Second Quarter GAAP Diluted EPS of $2.01 , or $2.09 Adjusted Diluted EPS

Academy Sports + Outdoors Reports Second Quarter 2023 Results

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Customers can shop a broader assortment of Fanatics' team and player products at Academy beginning this fall KATY, Texas , Aug. 30, 2023 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer whose mission is to provide "Fun for All", and Fanatics, a global digital sports platform and leading provider of licensed sports merchandise, today announced an expanded partnership focused on enhancing the assortment of officially licensed merchandise available to Academy customers both in-store and online. As a result of the partnership, Academy shoppers will have access to a wider breadth of fan shop products that are new to Academy.

Academy Sports + Outdoors Partners with Fanatics to Expand Selection of Licensed Sports Products

Customers can now shop L.L.Bean products at Academy Sports + Outdoors and academy.com KATY, Texas , Aug. 30, 2023 /PRNewswire/ -- Just in time for fall, L.L.Bean and Academy Sports + Outdoors ("Academy") (Nasdaq: ASO) have partnered together to offer customers a selection of L.L.Bean products in-store and online. Curated around the shared joy of the outdoors, Academy will carry a wide assortment of L.L.Bean's renowned, high-quality products, including polos, backpacks, men's and women's apparel, and the iconic Bean Boots.

Academy Sports + Outdoors Partners with L.L.Bean to Offer the Iconic American Brand In-Stores and Online

Both Dick's Sporting Goods and Foot Locker missed earnings expectations in the most recent quarter. Academy Sports and Outdoors reports earnings on Aug. 31.

Why Academy Sports and Outdoors Stock Fell 10.8% This Week

Academy Sports (ASO) second-quarter fiscal 2023 results are likely to reflect inflation and supply-chain disruptions.

Academy Sports (ASO) to Report Q2 Earnings: What to Expect?

KATY, Texas , Aug. 24, 2023 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company") (Nasdaq: ASO) today announced its participation in the following upcoming investor conferences: 2023 Goldman Sachs Annual Global Retailing Conference Format: Fireside chat and small group meetings on September 12-13, 2023 Fireside Chat Presentation: Tuesday, September 12, 2023, at 8:55 a.m. Eastern Time Participants: Steve Lawrence, CEO; Michael Mullican, President; and Carl Ford, CFO 2023 Wells Fargo 6th Annual Consumer Conference Format: Fireside chat and small group meetings on September 20-21, 2023 Fireside Chat Presentation: Wednesday, September 20, 2023, at 3:40 p.m.

Academy Sports + Outdoors Announces Participation in Upcoming Investor Conferences

Academy Sports (ASO) focuses on the establishment of new stores to drive growth. The company has announced the opening of its first store in the Indianapolis area.

Academy Sports (ASO) Expands in Indiana With New Store Opening

The new Westfield/Carmel store marks Academy's fifth location in Indiana KATY, Texas , Aug. 22, 2023 /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 the Indianapolis area. Located at 1960 East Greyhound Pass in Westfield, the approximately 75,000-square-foot store brings a wide assortment of sports and outdoors merchandise to the area.

Academy Sports + Outdoors Opens First Indianapolis-area Store

KATY, Texas , Aug. 17, 2023 /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 2023 financial results before the market opens on Thursday, August 31, 2023. Academy will host a live conference call that day at 10:00 a.m.

Academy Sports + Outdoors Announces Second Quarter Fiscal 2023 Results Conference Call

The area's first Academy store will become the go-to destination for apparel, footwear, hunting, fishing, outdoor cooking, camping, and team sports equipment KATY, Texas , July 25, 2023 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer whose mission is to provide "Fun for All", will open its first location in Fredericksburg, Va. in the fall of 2023.

Academy Sports + Outdoors continues new store expansion with first location in Fredericksburg, Virginia

ASO 1Q23 performance was disappointing, with adjusted EPS and revenue below consensus estimates, leading to lowered FY23 projections. I maintain a buy rating for ASO, expecting the company to adapt to changing consumer preferences and provide more value to customers. Stock price movement is likely to track how successful is management in executing initiatives.

Academy Sports and Outdoors: Staying Positive On Management's Ability To Execute Its Strategy

Academy Sports (ASO) announces the opening of two new stores in Central Texas.

Academy Sports (ASO) Expands Domestic Footprint With New Stores

The new stores will grow Academy's footprint to 109 stores across Texas KATY, Texas , July 18, 2023 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer whose mission is to provide "Fun for All", will open two locations in Central Texas this fall in Brenham and Kyle, Texas. The Brenham store will stand at over 63,000 square feet, and the Kyle store will be approximately 56,000 square feet.

Academy Sports + Outdoors grows Central Texas store presence with new locations in Brenham and Kyle, Texas

Carl Ford has been appointed EVP and Chief Financial Officer of Academy Sports + Outdoors (ASO).

Academy Sports + Outdoors Has A New CFO.

KATY, Texas , July 11, 2023 /PRNewswire/ -- Academy Sports + Outdoors, Inc. ("Academy" or the "Company") (Nasdaq: ASO) today announced that Carl Ford has been promoted to Executive Vice President and Chief Financial Officer effective July 12, 2023, succeeding Michael Mullican, who recently transitioned to President.  In his new role, Mr.

Academy Sports + Outdoors Announces Promotion of Carl Ford to Executive Vice President and Chief Financial Officer

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Academy Sports (ASO) focuses on the establishment of new stores to drive growth. The company unveils a new store in Peoria, IL.

Academy Sports (ASO) Boosts Presence With New Store Opening

The new store marks Academy's second location in Illinois KATY, Texas , July 5, 2023 /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 the Peoria area. Located at 7611 North Grand Prairie Dr., the over 60,000-square-foot store brings a wide assortment of sports and outdoors merchandise to the area.

Academy Sports + Outdoors Opens New Store in Peoria, Ill.

Academy Sports and Outdoors is well-positioned for future growth through store expansion and omnichannel delivery experiences. The company plans to open 13-15 new stores in 2023 and 120-140 new stores by 2027, boosting its top-line and bottom-line growth. Despite a 25% share price drop since April, ASO's cheap valuation and strong fundamentals make it a compelling buy opportunity.

Academy Sports and Outdoors: Long-Term Compounder Supported By Strong Fundamentals

The reorganization is complete at Academy Sports & Outdoors.

Academy Sports & Outdoors Promotes Matt McCabe To EVP And CMM

KATY, Texas , June 22, 2023 /PRNewswire/ -- Academy Sports + Outdoors, Inc. ("Academy" or the "Company") (Nasdaq: ASO) today announced that Matt McCabe has been promoted to Executive Vice President and Chief Merchandising Officer effective June 25, 2023, succeeding Steve Lawrence, who recently transitioned to Chief Executive Officer. Mr. McCabe will report directly to Mr.

News for Academy Sports and Outdoors Stock (ASO)