Adam GaultAcademy Sports and Outdoors: A Buy or a Sell? Until a year ago, investors holding sporting goods retailer Academy Sports and Outdoors' shares (NASDAQ:ASO) appeared rightfully pleased with their pick, especially comparing it against its main and largest peer Dick's Sporting Goods (DKS): Academy's stock almost tripled Dick's returns. Data by YChartsBut YTD, things have reversed and Academy has returned nothing but lackluster performance, with ASO shares down almost 17%, while DKS shares have gai ...

Key TakeawaysAcademy Sports + Outdoors reported a second-quarter sales decline as it faced "a tough economy."The company also cut its full-year outlook.CFO Carl Ford said quarterly sales were "more challenging than expected."Still, adjusted EPS beat estimates and shares rose in intraday trading Tuesday. Academy Sports + Outdoors (ASO) shares advanced in intraday trading Tuesday after the sporting goods and recreational products retailer beat second-quarter adjusted profit expectations, even though it posted ...

Pgiam/iStock via Getty Images Academy Sports and Outdoors, Inc. (NASDAQ:ASO) is rising slightly after just-reported Q2 earnings. The report was mixed, all things considered, and the stock still has about 10% short interest. This one has certainly been a short target many times in the last few years. This time, as we head toward Q4, with the stock down for the year, it could be one for tax loss harvesting, which suggests a better price may be in store. Below, we are setting up a new 'sample' trade for ne ...

Academy Sports and Outdoors, Inc. (ASO) came out with quarterly earnings of $2.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.09 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $1.23 per share when it actually produced earnings of $1.08, delivering a surprise of -12.20%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Academy ...

Exhibit 99.1 Academy Sports + Outdoors Reports Second Quarter 2024 Results Net Sales Decline (2.2)%; Comparable Sales of (6.9)% GAAP Diluted EPS of $1.95, or $2.03 Adjusted Diluted EPS Year-to-Date Adjusted Free Cash Flow +60%; Utilized to Return $107 Million to Shareholders in Q2 Fiscal 2024 Guidance Revised; Reaffirming Gross Margin Rate Guidance KATY, TEXAS (Globe Newswire — September 10, 2024) – Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") today announced its financial re ...

Net Sales Decline (2.2)%; Comparable Sales of (6.9)% GAAP Diluted EPS of $1.95, or $2.03 Adjusted Diluted EPS Year-to-Date Adjusted Free Cash Flow +60%; Utilized to Return $107 Million to Shareholders in Q2 Fiscal 2024 Guidance Revised; Reaffirming Gross Margin Rate Guidance KATY, Texas, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") today announced its financial results for the second quarter ended August 3, 2024. "Academy continues to make p ...

Academy Sports and Outdoors, Inc. ASO will release earnings results for its second quarter, before the opening bell on Tuesday, Sept. 10.Analysts expect the Katy, Texas-based company to report quarterly earnings at $2.03 per share, down from $2.09 per share in the year-ago period. Academy Sports and Outdoors is projected to post revenue of $1.57 billion, according to data from Benzinga Pro.On Sept. 5, Academy Sports and Outdoors' board approved the declaration of a quarterly cash dividend of 11 cents per sh ...

Academy Sports and Outdoors, Inc. (ASO) is set to expand its retail presence by opening nine new stores in fall 2024. This expansion is part of the company's broader strategy to enhance its market reach and strengthen its position in the sporting goods and outdoor recreation industry.The new stores will be located in Beckley, WV; Kingsport, TN; Bloomington, IN; Selma, NC; Ft. Myers, FL; Birmingham, AL; Springfield, OH; Bradenton, FL; and Bulverde, TX. These additions should extend Academy Sports' footprint ...

The nine new locations will strengthen Academy's existing footprint across eight statesKATY, Texas, Sept. 3, 2024 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce it will open 9 new stores in fall of 2024 in Beckley, West Virginia; Kingsport, Tennessee; Bloomington, Indiana; Selma, North Carolina; Ft. Myers, Florida; Birmingham, Alabama; Springfield, Ohio; Bradenton, Florida; and Bulverde, Texas. A ...

KATY, Texas, Aug. 27, 2024 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy" or the "Company") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, plans to release its second quarter fiscal 2024 financial results before the market opens on Tuesday, September 10, 2024.Academy will host a live conference call that day at 10:00 a.m. Eastern Time to discuss the financial results. Participants interested in accessing the live call can dial 1-877-407-3982 (U.S.) or 1-201- ...