On Friday, JPMorgan analyst Christopher Horvers reiterated the Neutral rating on Academy Sports and Outdoors, Inc. ASO, raising the price forecast to $54 from $52.Yesterday, the firm reported fourth-quarter adjusted earnings per share of $1.96, beating the street view of $1.83. Quarterly sales of $1.676 billion (down 6.6% year over year) missed the analyst consensus estimate of $1.677 billion by a hairline.The analyst notes that Academy Sports has made progress in improving new store site selection for the ...

Core Insights - Academy Sports and Outdoors, Inc. (ASO) reported a revenue of $1.68 billion for the quarter ended January 2025, reflecting a year-over-year decline of 6.6% and an EPS of $1.96 compared to $2.21 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $1.67 billion by 0.60%, while the EPS surpassed the consensus estimate of $1.82 by 7.69% [1] Financial Performance Metrics - Comparable Sales Growth was -3%, better than the average estimate of -4.6% from seven analysts [4] - Total Merchandise Sales were reported at $1.66 billion, slightly below the average estimate of $1.68 billion, marking a year-over-year decline of 6.8% [4] - Net Sales in the Merchandise Division for Outdoors reached $541.74 million, exceeding the estimate of $443.89 million, representing a year-over-year increase of 16.4% [4] - Net Sales for Sports and Recreation were $328.07 million, significantly lower than the average estimate of $411.54 million, indicating a year-over-year decline of 27.5% [4] - Net Sales for Footwear were $297.58 million, slightly below the estimate of $301.07 million, reflecting a year-over-year decrease of 7.8% [4] - Net Sales for Apparel were reported at $497.45 million, under the average estimate of $525.95 million, showing a year-over-year decline of 8.8% [4] - Other Sales amounted to $12.09 million, surpassing the average estimate of -$11.35 million, with a year-over-year change of 26.7% [4] Stock Performance - Shares of Academy Sports and Outdoors have returned -7.6% over the past month, compared to a -7.5% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Q4 2024 Earnings Conference Call March 20, 2025 10:00 AM ET Company Participants Dan Aldridge - Vice President, Investor Relations Steve Lawrence - Chief Executive Officer Carl Ford - Chief Financial Officer Conference Call Participants Anthony Chukumba - Loop Capital Christopher Horvers - JPMorgan Brian Nagel - Oppenheimer Kate McShane - Goldman Sachs Greg Melich - Evercore Michael Lasser - UBS Simeon Gutman - Morgan Stanley Operator Good morning, and welcome ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended February 1, 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. (Exact name of registrant as specified in its charter) (State or other j ...

Academy Sports & Outdoors (ASO) Q4 2025 Earnings Call March 20, 2025 10:00 AM ET Company Participants Dan Aldridge - VP - Investor RelationsSteven Lawrence - CEO & DirectorEarl Carlton Ford - EVP & CFOAnthony Chukumba - Managing DirectorGreg Melich - Senior Managing Director Conference Call Participants Christopher Horvers - Senior AnalystBrian Nagel - MD & Senior Analyst - Consumer Growth & eCommerceKate McShane - AnalystMichael Lasser - Equity Research Analyst - Hardlines, Broadlines & Food RetailSimeon G ...

Academy Sports and Outdoors, Inc. (ASO) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $2.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this company would post earnings of $1.28 per share when it actually produced earnings of $0.98, delivering a surprise of -23.44%.Over the last four quart ...

Academy Sports & Outdoors (ASO) Q4 2025 Earnings Call March 20, 2025 10:00 AM ET Company Participants Dan Aldridge - VP - Investor RelationsSteven Lawrence - CEO & DirectorEarl Carlton Ford - EVP & CFOAnthony Chukumba - Managing DirectorGreg Melich - Senior Managing Director Conference Call Participants Christopher Horvers - Senior AnalystBrian Nagel - MD & Senior Analyst - Consumer Growth & eCommerceKate McShane - AnalystMichael Lasser - Equity Research Analyst - Hardlines, Broadlines & Food RetailSimeon G ...

Financial Performance - Fourth quarter comparable sales declined by 3.0%, showing a 190 basis point improvement compared to the third quarter of 2024[1] - Fourth quarter diluted GAAP EPS was $1.89, above the midpoint of updated guidance provided[1] - Net sales for the fourth quarter were $1,676.9 million, a decrease of 6.6% from $1,794.8 million in the same quarter last year[2] - Fiscal 2024 net sales totaled $5,933.4 million, down 3.7% from $6,159.3 million in fiscal 2023[3] - Net sales for the fiscal quarter ended February 1, 2025, were $1,676,920, a decrease of 6.6% compared to $1,794,828 for the same period in 2024[28] - For the fiscal year ended February 1, 2025, net sales were $5,933,450, down 3.7% from $6,159,291 in 2024[30] - Net income for the fiscal quarter was $133,631, a decrease of 20.6% from $168,167 in the same quarter last year[28] - Net income for the fiscal year ended February 1, 2025, was $418.447 million, a decrease of 19.4% from $519.190 million for the fiscal year ended February 3, 2024[34] - Adjusted EBITDA for the fiscal year ended February 1, 2025, was $720.246 million, down 15.0% from $846.045 million for the fiscal year ended February 3, 2024[36] - Adjusted Net Income for the fiscal year ended February 1, 2025, was $439.487 million, compared to $539.471 million for the fiscal year ended February 3, 2024, reflecting a decrease of 18.5%[40] - Adjusted Earnings Per Common Share, Diluted, for the fiscal year ended February 1, 2025, was $6.02, down from $6.96 for the fiscal year ended February 3, 2024[40] Future Outlook - The company plans to open 20-25 new stores in 2025, following the opening of 16 new stores in 2024[8] - For fiscal 2025, the company expects net sales between $6,090 million and $6,265 million, representing a 4.2% increase compared to fiscal 2024[16] - The company anticipates a gross margin rate improvement to between 34.0% and 34.5% in fiscal 2025, up from 33.9% in fiscal 2024[16] - Adjusted net income for fiscal 2025 is projected to be between $400 million and $435 million, a decrease of 4.9% compared to fiscal 2024[16] - The company anticipates future growth through the opening of new stores and expansion into new markets, although actual results may vary due to various risks and uncertainties[25] - The company expects Adjusted Net Income for the fiscal year ending January 31, 2026, to be in the range of $400.0 million to $435.0 million[42] Dividend and Shareholder Returns - The quarterly dividend was increased by 18% per share, now at $0.13, payable on April 17, 2025[7] - The company repurchased $364.912 million of common stock for retirement during the fiscal year ended February 1, 2025, compared to $202.796 million in the previous fiscal year[34] Operational Metrics - Gross margin for the fiscal quarter was 32.2%, down from 33.3% in the previous year[28] - Operating income for the fiscal quarter was $154,696, representing 9.2% of sales, compared to $203,965 or 11.4% of sales in the prior year[28] - The company reported a gross margin of 33.9% for the fiscal year, compared to 34.3% in the previous year[30] - Operating income for the fiscal year was $538,639, which is 9.1% of sales, down from 11.0% in the prior year[30] Cash Flow and Capital Expenditures - Net cash provided by operating activities for the fiscal year ended February 1, 2025, was $528.082 million, slightly lower than $535.779 million for the fiscal year ended February 3, 2024[34] - Adjusted Free Cash Flow for the fiscal year ended February 1, 2025, was $341.962 million, compared to $329.640 million for the fiscal year ended February 3, 2024, indicating an increase of 3.9%[44] - Capital expenditures for the fiscal year ended February 1, 2025, were $199.589 million, a decrease from $207.770 million for the fiscal year ended February 3, 2024[34] Assets and Liabilities - The company’s total assets increased to $4,900,963 as of February 1, 2025, compared to $4,676,713 a year earlier[31] - Current liabilities rose to $960,881 from $879,858 in the previous year[31] Other Income - The company reported a $15.0 million gain from a litigation settlement and a $7.1 million gain on a sale-leaseback transaction during the fiscal year ended February 1, 2025[40]

Core Insights - Academy Sports and Outdoors reported a decline in fourth quarter comparable sales of 3.0%, which is an improvement of 190 basis points compared to the third quarter of 2024 [1][2] - The diluted GAAP earnings per share (EPS) for the fourth quarter was $1.89, exceeding the midpoint of the updated guidance provided [1][2] - The company announced the launch of the Jordan Brand in 145 stores and online starting in late April [1] - A quarterly dividend was increased by 18% per share [1] Financial Performance - For the fourth quarter ended February 1, 2025, net sales were $1,676.9 million, a decrease of 6.6% from $1,794.8 million in the same quarter of the previous year [3][23] - Comparable sales for the fiscal year 2024 decreased by 5.1%, compared to a 6.5% decline in fiscal year 2023 [3][12] - Net income for the fourth quarter was $133.6 million, down 20.6% from $168.2 million year-over-year [3][23] - Adjusted net income for the fourth quarter was $138.8 million, a decrease of 17.5% from the previous year [3][23] Operational Highlights - The company opened five new stores in the fourth quarter, totaling 16 new stores for the fiscal year 2024, with plans to open 20-25 new stores in 2025 [8][10] - Merchandise inventories increased by 9.6% to $1,308.8 million compared to $1,194.2 million in the previous year [7][27] - The company reported a cash and cash equivalents balance of $288.9 million, down 17.0% from $347.9 million [7][27] Future Outlook - The company anticipates that the first quarter of 2025 will be challenging for sales and earnings per share, but expects improvements in the second quarter as internal initiatives take effect [10][11] - Initial guidance for fiscal 2025 projects net sales between $6,090 million and $6,265 million, representing a 4.2% increase compared to fiscal 2024 [12][11] - The company aims to enhance its omnichannel experience and leverage customer data more effectively to drive long-term growth [10][11]

Core Viewpoint - Academy Sports and Outdoors, Inc. (ASO) is expected to report a decline in earnings and revenues for the fourth quarter of fiscal 2024, facing challenges from a tough macroeconomic environment and reduced consumer spending [1][2][3]. Group 1: Earnings and Revenue Estimates - The Zacks Consensus Estimate for ASO's earnings is $1.82 per share, reflecting a decline of 17.7% from $2.21 a year ago [2] - The consensus estimate for revenues is $1.67 billion, indicating a decrease of 7.1% from the previous year [2]. Group 2: Factors Affecting Performance - The company is likely to have faced headwinds from a challenging macroeconomic environment, particularly affecting middle- and lower-income consumers, leading to reduced discretionary spending [3] - An increase in credit card and Buy Now, Pay Later transactions among lower-income shoppers suggests financial strain, raising concerns about the sustainability of demand [3]. - The Zacks Consensus Estimate for comparable store sales indicates a decline of 4.5% [4]. Group 3: Revenue Breakdown - The consensus estimates for specific revenue categories are as follows: Apparel at $526 million (down 3.5%), Outdoors at $443.9 million (down 4.6%), Footwear at $301.1 million (down 6.7%), and Sports and Recreational at $411.5 million (down 9%) [4]. Group 4: Positive Factors - Product innovation and expansion efforts are expected to have positively impacted performance, with a focus on omnichannel improvements and digital enhancements [5]. - Strengthening inventory positions with seasonally appropriate products and initiatives like My Academy Rewards are likely to have boosted engagement and incremental sales [5]. Group 5: Earnings Prediction Model - The current model does not predict an earnings beat for ASO, with an Earnings ESP of 0.00% and a Zacks Rank of 4 (Sell) [6].