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 ...

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 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 ...

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 ...

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 ...

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]

Core Insights - Academy Sports and Outdoors, Inc. has appointed Scott Boatwright to its Board of Directors, increasing the total number of directors to 11 [1] - Scott Boatwright brings nearly 30 years of experience in operations, strategic planning, and customer service, which will support Academy's growth strategy [1] Company Overview - Academy Sports and Outdoors is a leading full-line sporting goods and outdoor recreation retailer in the United States, with 285 stores across 19 states [2] - The company's mission is to provide "Fun for All" through a localized merchandising strategy that appeals to a broad range of consumers [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]

Academy Sports and Outdoors, Inc. (ASO) is scheduled to report first-quarter fiscal 2024 results on Jun 11. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 5.6%.Q1 Estimates   The Zacks Consensus Estimate for earnings is pegged at $1.24 per share, indicating a decline of 4.6% from $1.30 a year ago.The consensus mark for revenues is pegged at $1.37 billion, suggesting a decrease of 0.7% from the year-ago figure.Factors to NoteAcademy Sports and Outdoors’ fiscal fir ...

Core Insights - Academy Sports and Outdoors, Inc. (ASO) is expected to report quarterly earnings of $1.24 per share, a decline of 4.6% year-over-year, with revenues forecasted at $1.37 billion, reflecting a decrease of 0.7% compared to the same period last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts have collectively reevaluated their initial estimates [1] - Analysts' revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock [1] Revenue Estimates - Analysts estimate 'Net Sales- Merchandise Division Sales- Outdoors' to be $409.17 million, indicating a year-over-year increase of 5.2% [2] - 'Net Sales- Merchandise Division Sales- Sports and recreation' is forecasted to reach $323.21 million, reflecting a decrease of 5.9% from the prior-year quarter [2] - 'Net Sales- Other Sales' is predicted to be $24.04 million, showing a substantial increase of 154.2% from the year-ago quarter [2] Additional Sales Metrics - 'Net Sales- Merchandise Division Sales- Footwear' is expected to be $284.74 million, a decline of 3.9% from the prior-year quarter [3] - The consensus estimate for 'Net Sales- Total Merchandise Sales' stands at $1.38 billion, indicating a slight increase of 0.3% year-over-year [3] - 'Net Sales- Merchandise Division Sales- Apparel' is projected to reach $360.91 million, reflecting a year-over-year increase of 4.5% [3] - Analysts expect 'Stores - EOP' to total 285, an increase from 269 reported in the same quarter last year [3] Stock Performance - Over the past month, shares of Academy Sports and Outdoors have returned -0.7%, while the Zacks S&P 500 composite has increased by 4.6% [3] - ASO currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [3]

KATY, Texas, June 3, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company") (Nasdaq: ASO) today announced its participation in the following upcoming investor conference:Oppenheimer 24th Annual Consumer Growth ConferenceDate: June 12, 2024Location: VirtualFormat: Small group meetings and fireside chatFireside chat: Wednesday, June 12, 2024 at 10:30 a.m. Eastern TimeParticipants: Steve Lawrence, CEO and Carl Ford, CFOA live and replay webcast (for 30 days) of the fireside chat, will be made a ...