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Truist Securities analyst Joseph Civello reiterated the Hold rating on Academy Sports and Outdoors, Inc. ASO, raising the price forecast from $45 to $47.The Hold rating reflects a conflict between the company’s successful business transformation and the persistent macroeconomic pressures on its key middle-income demographic.While the analyst praised the operational improvements since 2019, he remained cautious that the challenging economic climate will continue to suppress consumer demand longer than broadl ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended May 3, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________. Commission File No. 001-39589 Academy Sports and Outdoors, Inc. Washington, D.C. 20549 FORM 10-Q (Exact name of registrant as specified in its charter) (State or othe ...

Q1 2025 Investor Update June 2025 Safe Harbor/Forward Looking Statements This presentation by Academy Sports and Outdoors, Inc. (the "Company") contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Academy's current expectations and are not guarantees of future performance. Forward-looking statements may incorporate words such as "believ ...

Academy Sports and Outdoors, Inc. (ASO) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.48%. A quarter ago, it was expected that this company would post earnings of $1.82 per share when it actually produced earnings of $1.96, delivering a surprise of 7.69%.Over the last four quart ...

Academy Sports & Outdoors (ASO) Q1 2026 Earnings Call June 10, 2025 10:00 AM ET Company Participants Dan Aldridge - VP - Investor RelationsSteven Lawrence - CEO & DirectorEarl Carlton Ford IV - EVP & CFOJonathan Matuszewski - Senior Vice PresidentPedro Gil - Equity ResearchEmily Ghosh - Equity Research AssociateGreg Melich - Senior Managing Director Conference Call Participants Jolie Wasserman - Equity Research AnalystKelly Crago - AnalystRobert Ohmes - AnalystJohn Heinbockel - Senior MD & Equity Research A ...

Academy Sports & Outdoors (ASO) Q1 2026 Earnings Call June 10, 2025 10:00 AM ET Speaker0 Good morning, and welcome to the Academy Sports and Outdoors First Quarter Fiscal twenty twenty five Results Conference Call. This call is being recorded and all participants are in a listen only mode. Following the prepared remarks, there will be a brief question and answer session. Questions will be limited to analysts and investors. Please limit yourself to one question and one follow-up. I'll now turn the call over ...

Financial Performance - First quarter net sales decreased by 0.9% to $1,351.4 million, while comparable sales declined by 3.7%[2] - First quarter diluted GAAP EPS was $0.68, down 32.7% from $1.01 in the same period last year[2] - Adjusted net income for the first quarter was $51.6 million, a decrease of 36.8% compared to $81.6 million last year[2] - Net sales for the thirteen weeks ended May 3, 2025, were $1,351,409, a slight decrease of 0.6% compared to $1,364,220 for the same period in 2024[26] - Net income for the thirteen weeks ended May 3, 2025, was $46,084, a decrease of 39.7% from $76,465 in the same period in 2024[26] - Adjusted Net Income for the thirteen weeks ended May 3, 2025, was $51,597,000, a decrease of 36.8% from $81,620,000 for the same period in 2024[35] - Adjusted Earnings Per Common Share, Diluted, for the thirteen weeks ended May 3, 2025, was $0.76, down from $1.08 in the prior year, representing a decline of 29.6%[35] Guidance and Projections - The company revised its fiscal 2025 guidance for net sales to a range of $5,970 million to $6,265 million, reflecting a potential decline in comparable sales of -4% to +1%[12] - The company expects adjusted earnings per share for fiscal 2025 to range from $5.45 to $6.25, compared to the previous guidance of $5.75 to $6.20[13] - The company provided guidance for the fiscal year ending January 31, 2026, projecting Adjusted Net Income between $375,000,000 and $435,000,000[37] - The projected Adjusted Earnings Per Common Share, Diluted, for the fiscal year ending January 31, 2026, is expected to range from $5.45 to $6.25[37] Store Operations - The company opened five new stores, increasing total locations to 303 across 21 states[6] - The company plans to open 20 to 25 new stores in fiscal 2025[6] Inventory and Assets - Merchandise inventories increased by 15.0% to $1,560.0 million compared to the previous year[3] - Total assets increased to $5,180,423 as of May 3, 2025, compared to $4,873,879 as of May 4, 2024[28] Cash Flow and Liabilities - Net cash provided by operating activities for the thirteen weeks ended May 3, 2025, was $157,472,000, a decrease of 21.1% compared to $199,677,000 for the same period in 2024[39] - Adjusted Free Cash Flow for the thirteen weeks ended May 3, 2025, was $106,484,000, down 36.3% from $167,322,000 in the prior year[39] - Current liabilities rose to $1,262,895 as of May 3, 2025, compared to $1,122,076 as of May 4, 2024[28] Shareholder Actions - Share repurchases in the first quarter totaled $99.9 million, a decrease of 19.1% from $123.5 million in the previous year[5] - The company repurchased $99,031 in common stock during the thirteen weeks ended May 3, 2025[30] Cost Management - The company has reduced its cost exposure to China to approximately 9% of total cost of goods sold, with a target of 6% by the end of fiscal 2025[8] - The company plans to reduce direct import cost exposure to China as part of its strategic initiatives[23] Other Financial Metrics - Gross margin increased to 34.0% for the thirteen weeks ended May 3, 2025, compared to 33.4% for the same period in 2024[26] - Operating income decreased to $69,265, representing 5.1% of net sales, down from $102,383 or 7.5% of net sales in the prior year[26] - Adjusted EBITDA for the thirteen weeks ended May 3, 2025, was $109,764, down from $142,578 in the same period in 2024[33] - Cash and cash equivalents decreased to $285,104 as of May 3, 2025, from $378,145 as of May 4, 2024[30] - Equity compensation for the thirteen weeks ended May 3, 2025, amounted to $7,542,000, compared to $6,138,000 in the same period of 2024, reflecting an increase of 23.0%[35] - The weighted average common shares outstanding for the thirteen weeks ended May 3, 2025, were 68,170,000 diluted shares, down from 75,798,000 in the prior year[35] - The tax effects of adjustments for the thirteen weeks ended May 3, 2025, were $(2,029,000), compared to $(1,432,000) for the same period in 2024[36]

Wall Street analysts expect Academy Sports and Outdoors, Inc. (ASO) to post quarterly earnings of $0.91 per share in its upcoming report, which indicates a year-over-year decline of 15.7%. Revenues are expected to be $1.37 billion, up 0.4% from the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's ea ...

Retailer aims to provide fun for all, sustains plan to open 20-25 new stores in fiscal 2025KATY, Texas, June 3, 2025 /PRNewswire/ -- Academy Sports + Outdoors ("Academy" or the "Company") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce it has opened two new locations in Fort Walton Beach, Fla. and Midlothian, Va.; and will open another new store in Morgantown, W.Va. later this month. The openings come on the heels of the retailer surpassing 300 total ...