Academy(ASO)

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Academy(ASO) - 2025 Q1 - Quarterly Report
2024-06-11 20:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended May 4, 2024 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. (Exact name of registrant as specified in its charter) (State or othe ...
Academy(ASO) - 2024 Q1 - Earnings Call Transcript
2024-06-11 19:33
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 ...
Academy Sports and Outdoors: A Complete Reset Presents An Opportunity
Seeking Alpha· 2024-06-11 16:18
kaanates/iStock via Getty Images Academy Sports and Outdoors, Inc. (NASDAQ:ASO) is down after its just-reported Q1 earnings. The report was mixed, all things considered. That said, this is a trader's stock. Just today we were asked about it in our investing group, and we reviewed the situation again. Our last buy call came in the 40s in November 2023. We believe the stock has retraced sufficiently to consider buying again. Below, we are setting up a new trade for new money once again. The company contin ...
Academy Sports + Outdoors Results Hit as Economic Pressure Affects Shoppers
Investopedia· 2024-06-11 15:30
Key TakeawaysAcademy Sports + Outdoors missed first-quarter profit and sales estimates, which it blamed on economic pressures on its shoppers.The sporting goods and outdoor gear retailer's comparable store sales dropped 5.4% year-over-year.Shares fell more than 6% in intraday trading Tuesday to their 2024 lows. 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 t ...
Academy Sports and Outdoors, Inc. (ASO) Q1 Earnings and Revenues Lag Estimates
ZACKS· 2024-06-11 14:20
分组1 - Academy Sports and Outdoors, Inc. reported quarterly earnings of $1.08 per share, missing the Zacks Consensus Estimate of $1.23 per share, and down from $1.30 per share a year ago, representing an earnings surprise of -12.20% [1] - The company posted revenues of $1.36 billion for the quarter ended April 2024, missing the Zacks Consensus Estimate by 0.76%, and down from $1.38 billion year-over-year [1] - Over the last four quarters, the company has surpassed consensus EPS estimates only once and has topped consensus revenue estimates two times [1] 分组2 - Academy Sports and Outdoors shares have declined approximately 19.1% since the beginning of the year, contrasting with the S&P 500's gain of 12.4% [2] - The current consensus EPS estimate for the upcoming quarter is $2.13 on revenues of $1.61 billion, and for the current fiscal year, it is $6.94 on revenues of $6.26 billion [4] - The Leisure and Recreation Products industry, to which Academy Sports and Outdoors belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, indicating potential challenges for stock performance [5]
Academy Sports (ASO) Partners With DoorDash for On-Demand Delivery
ZACKS· 2024-06-11 13:35
Academy Sports and Outdoors, Inc. (ASO) announced an exclusive partnership with DoorDash (DASH) , a leading local commerce platform. This collaboration is set to revolutionize the shopping experience for Academy Sports’ customers by offering on-demand delivery from its 285 stores across 19 states. This initiative is expected to cater to the increasing demand for convenient and fast access to products, particularly in the Back-to-School season.Enhancing Customer ExperienceBy collaborating with DoorDash, Acad ...
Academy(ASO) - 2025 Q1 - Quarterly Results
2024-06-11 12:32
Exhibit 99.1 Academy Sports + Outdoors Reports First Quarter 2024 Results 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 (Globe Newswire — June 11, 2024) – Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") today announced its financial results for the first quarter ended May 4, 2 ...
Academy Sports + Outdoors Announces New Exclusive Partnership with DoorDash for On-Demand Delivery of Sports and Outdoor Fun
Prnewswire· 2024-06-10 12:06
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 DoorD ...
Academy Sports + Outdoors Announces Quarterly Cash Dividend
Prnewswire· 2024-06-06 22:03
Company Overview - Academy Sports and Outdoors, Inc. is a leading full-line sporting goods and outdoor recreation retailer in the United States, with 285 stores across 19 states [2] - The company was founded in 1938 as a family business in Texas and aims to provide "Fun for All" through a localized merchandising strategy [2] - Academy's product assortment includes key categories such as outdoor, apparel, sports & recreation, and footwear, featuring both national brands and private label brands [2] Financial Highlights - The Board of Directors approved a quarterly cash dividend of $0.11 per share for the fiscal quarter ended May 4, 2024 [1] - The dividend is scheduled to be payable on July 18, 2024, to stockholders of record as of June 20, 2024 [1]
Academy Sports + Outdoors Appoints Scott Boatwright to its Board of Directors
Prnewswire· 2024-06-06 22:00
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."We are pleased to welcome Scott to Academy's Board of Directors," said Ken Hicks, Chairman of the Board of Academy. "Scott's deep and relevant experience in driving productivity, operational excellence, and scalability in compl ...