Academy Sports and Outdoors (NASDAQ:ASO) Issues FY 2026 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 6.500-6.900 for the period, compared to the consensus EPS estimate of 6.310. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Wall Street Analysts Forecast Growth

ASO has been the topic of several recent research reports. BMO Capital Markets began coverage on shares of Academy Sports and Outdoors in a report on Tuesday. They set a “market perform” rating and a $42.00 price objective on the stock. JPMorgan Chase & Co. cut their price objective on Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. UBS Group reissued a “neutral” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, September 2nd. The Goldman Sachs Group reduced their price target on shares of Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating on the stock in a research report on Wednesday, June 10th. Finally, Wells Fargo & Company upgraded shares of Academy Sports and Outdoors from a “negative” rating to a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $57.50.

Academy Sports and Outdoors Trading Up 14.4%

Shares of NASDAQ:ASO opened at $51.15 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.68 and a quick ratio of 0.36. Academy Sports and Outdoors has a 1 year low of $41.29 and a 1 year high of $62.44. The company has a market cap of $3.17 billion, a P/E ratio of 9.01, a PEG ratio of 0.65 and a beta of 1.02. The stock’s fifty day moving average price is $46.83 and its 200-day moving average price is $51.65.

Academy Sports and Outdoors (NASDAQ:ASO) last released its quarterly earnings data on Wednesday, September 9th. The company reported $2.31 EPS for the quarter, topping the consensus estimate of $2.07 by $0.24. Academy Sports and Outdoors had a return on equity of 17.85% and a net margin of 6.24%.The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same period last year, the company earned $1.94 EPS. Academy Sports and Outdoors’s revenue for the quarter was up 3.0% on a year-over-year basis. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. Sell-side analysts expect that Academy Sports and Outdoors will post 6.01 earnings per share for the current year.

Academy Sports and Outdoors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 16th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, September 16th. 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 currently 10.56%.

Trending Headlines about Academy Sports and Outdoors

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

• Positive Sentiment: Q2 earnings beat expectations: Adjusted EPS was $2.31, up 19.1% year over year and above analysts’ roughly $2.07-$2.10 estimate. GAAP EPS rose 17.3% to $2.17. Revenue increased 3.0% to $1.65 billion, in line with expectations. Academy Sports + Outdoors Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Profit outlook raised: Management increased its fiscal 2026 adjusted EPS guidance, with reports citing a range of approximately $6.05-$6.45, while maintaining sales guidance of about $6.23-$6.36 billion. The improved outlook was supported by expense control and operating execution. Academy sports forecasts sales and raises EPS view
• Positive Sentiment: Digital and store expansion trends were favorable: E-commerce sales grew 12.8%, and newly opened stores generated comparable sales growth in the mid-single digits. Academy opened three stores during the quarter in Pennsylvania and Tennessee. Academy raises annual profit forecast
• Neutral Sentiment: Core demand was mixed: Overall comparable sales declined 0.4%, partially offsetting total sales growth from new stores and e-commerce. Investors will likely monitor whether digital momentum can overcome softer established-store traffic.
• Negative Sentiment: Tariff benefit is temporary: Q2 adjusted EPS included a net $0.06 benefit from tariff refunds, including reinvestments. Management expects those refunds to fade, creating a potential headwind to future earnings comparisons. Tariff refunds fade

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its position in Academy Sports and Outdoors by 8.5% in the 1st quarter. Royal Bank of Canada now owns 59,775 shares of the company’s stock worth $2,726,000 after purchasing an additional 4,665 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Academy Sports and Outdoors by 3.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,472 shares of the company’s stock valued at $1,846,000 after buying an additional 1,257 shares during the period. United Services Automobile Association purchased a new position in shares of Academy Sports and Outdoors in the 1st quarter worth $223,000. Strs Ohio purchased a new position in shares of Academy Sports and Outdoors in the 1st quarter worth $128,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Academy Sports and Outdoors by 89.9% in the second quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock worth $62,000 after acquiring an additional 657 shares during the period.

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.