Academy Sports and Outdoors (NASDAQ:ASO) Issues Quarterly Earnings Results

Academy Sports and Outdoors (NASDAQ:ASO) announced its quarterly earnings results on Tuesday. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02, FiscalAI reports. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. Academy Sports and Outdoors had a return on equity of 17.88% and a net margin of 6.22%.The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the firm earned $0.76 EPS. Academy Sports and Outdoors updated its FY 2026 guidance to 6.400-6.800 EPS.

Here are the key takeaways from Academy Sports and Outdoors’ conference call:

• Academy returned to comp growth in Q1, with net sales of $1.44 billion, up 6.7% and comparable sales up 2.9%. Management said results were broad-based across divisions and came in toward the high end of their prior range.
• E-commerce remained a standout, rising more than 17% and gaining 100 basis points of penetration. The company expects online momentum to continue as it expands endless aisle, same-day delivery, and AI-powered search.
• Management raised full-year sales guidance to 3%–5% growth and flat to up 2% comps, citing strong Q1 execution and the contribution from strategic initiatives. They also lifted the midpoint of net income guidance and expect EPS growth of over 10% versus fiscal 2025.
• Gross margin was pressured by tariffs, with Q1 margin down 71 basis points year over year. The company said tariff pressure should be heaviest in Q1 and then ease through the rest of 2026, helping margins improve in the back half.
• New growth initiatives are gaining traction, including the relaunch of My Academy Rewards, new store openings, and expansion of brands like Jordan, Ariat, and suppressors in shooting sports. Management said these initiatives, along with strong value positioning, are expected to support results despite a pressured consumer.

Academy Sports and Outdoors Stock Down 2.5%

Academy Sports and Outdoors stock opened at $50.37 on Wednesday. The stock has a market capitalization of $3.25 billion, a PE ratio of 9.06, a price-to-earnings-growth ratio of 0.80 and a beta of 1.04. Academy Sports and Outdoors has a 12 month low of $41.29 and a 12 month high of $62.44. The business has a 50 day simple moving average of $54.33 and a 200-day simple moving average of $54.65. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.89 and a quick ratio of 0.44.

Academy Sports and Outdoors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Thursday, June 18th will be given a $0.15 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.2%. Academy Sports and Outdoors’s payout ratio is 10.79%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. The Goldman Sachs Group restated a “buy” rating on shares of Academy Sports and Outdoors in a research note on Wednesday. Stephens started coverage on Academy Sports and Outdoors in a research report on Wednesday, May 13th. They set an “overweight” rating and a $78.00 price target for the company. Telsey Advisory Group reiterated an “outperform” rating and set a $65.00 price target on shares of Academy Sports and Outdoors in a research report on Tuesday, March 17th. UBS Group reduced their price target on Academy Sports and Outdoors from $60.00 to $56.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. Finally, B. Riley Financial reiterated a “buy” rating on shares of Academy Sports and Outdoors in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $59.87.

Academy Sports and Outdoors News Summary

Here are the key news stories impacting Academy Sports and Outdoors this week:

• Positive Sentiment: Academy Sports reported Q1 adjusted EPS of $0.93, topping estimates, while revenue rose 6.7% year over year to $1.44 billion and comparable sales increased 2.9%. Article
• Positive Sentiment: The company raised FY2026 guidance, projecting EPS of $6.40-$6.80 and revenue of $6.2 billion-$6.4 billion, signaling management confidence in continued sales momentum. Article
• Positive Sentiment: Operational trends were strong, with e-commerce sales up 17.4% and new-store performance described as “high single digits,” which supports the bull case for continued growth. Article
• Neutral Sentiment: Several earnings call recaps and analyst notes reinforced the upbeat interpretation of the quarter, emphasizing sales acceleration and possible further upside. Article
• Negative Sentiment: Management cautioned that shoppers may remain financially pressured through 2026, which suggests demand could still be uneven even after the strong quarter. Article

Insider Activity at Academy Sports and Outdoors

In other news, Director Jeffrey C. Tweedy sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $60.00, for a total value of $240,000.00. Following the completion of the sale, the director directly owned 7,835 shares in the company, valued at $470,100. The trade was a 33.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.62% of the stock is owned by company insiders.

Institutional Trading of Academy Sports and Outdoors

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Smartleaf Asset Management LLC increased its position in shares of Academy Sports and Outdoors by 12.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock valued at $86,000 after buying an additional 188 shares in the last quarter. CIBC Asset Management Inc increased its position in shares of Academy Sports and Outdoors by 3.5% in the fourth quarter. CIBC Asset Management Inc now owns 6,721 shares of the company’s stock valued at $336,000 after buying an additional 228 shares in the last quarter. Maryland State Retirement & Pension System increased its position in shares of Academy Sports and Outdoors by 2.5% in the fourth quarter. Maryland State Retirement & Pension System now owns 9,792 shares of the company’s stock valued at $489,000 after buying an additional 235 shares in the last quarter. Quadrant Capital Group LLC increased its position in shares of Academy Sports and Outdoors by 4.5% in the fourth quarter. Quadrant Capital Group LLC now owns 5,610 shares of the company’s stock valued at $280,000 after buying an additional 241 shares in the last quarter. Finally, Lazard Asset Management LLC increased its position in shares of Academy Sports and Outdoors by 12.4% in the second quarter. Lazard Asset Management LLC now owns 3,270 shares of the company’s stock valued at $146,000 after buying an additional 360 shares in the last quarter.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors is a leading specialty retailer of sporting goods and outdoor gear, operating more than 260 stores across the United States. Headquartered in Katy, Texas, the company offers a broad assortment of merchandise spanning athletic footwear and apparel, team sports equipment, camping and outdoor recreation products, hunting and fishing supplies, and fitness accessories. In addition to its brick-and-mortar footprint, Academy serves customers through its e-commerce platform, offering online ordering, in-store pickup, and home delivery options.

The company’s product portfolio includes seasonal and year-round categories designed to meet the needs of both casual enthusiasts and serious athletes.