Academy(ASO)
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Academy Sports + Outdoors Announces Second Quarter Fiscal 2024 Results Conference Call
Prnewswire· 2024-08-27 12:55
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- ...
Academy Sports (ASO) Before Q2 Earnings: To Buy or Not to Buy?
ZACKS· 2024-08-26 14:10
Academy Sports and Outdoors, Inc. (ASO) will likely report a decline in the top and the bottom line when it reports second-quarter 2024 results.The company’s earnings have missed the Zacks Consensus Estimate in the trailing three out of four quarters, with the average miss being 7.3%.Image Source: Zacks Investment ResearchThe Trend in Estimate RevisionThe Zacks Consensus Estimate for second-quarter earnings per share (EPS) is pegged at $2.03, down 2.9% year over year. In the past 30 days, earnings estimate ...
Earnings Preview: Academy Sports and Outdoors, Inc. (ASO) Q2 Earnings Expected to Decline
ZACKS· 2024-08-22 15:06
Wall Street expects a year-over-year decline in earnings on lower revenues when Academy Sports and Outdoors, Inc. (ASO) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss ...
Academy Sports (ASO) Falls 15% YTD: What's Next for Investors?
ZACKS· 2024-07-19 15:00
Academy Sports and Outdoors, Inc. (ASO) is navigating a challenging macroeconomic environment that is impacting its customer base. With inflation rates remaining high, the company is witnessing curtailment regarding discretionary spending on non-essential items like sports equipment and outdoor goods.The current economic climate led to notable shifts in consumer behavior. With personal savings depleted, consumers are becoming more cautious with their discretionary spending. Customers are shopping episodical ...
7 Retail Stocks to Buy on the Dip: June 2024
Investor Place· 2024-06-24 20:30
Is it time to buy retail stocks to buy on the dip? Amid high uncertainty surrounding the near-term prospects of both consumer discretionary retailers, as well as historically recession-resistant retailers like discount stores and grocery stores, this may be a question on your mind.With consumer discretionary retailers, headlines discussing a slowdown in U.S. consumer spending call into question the merits in buying such names at this point in the economic cycle. That’s not all. Many consumer discretionary r ...
Want to Go Value Hunting? These 3 Stocks Are Undervalued, According to Select Wall Street Analysts.
The Motley Fool· 2024-06-16 11:27
This trio of stocks has 25% to 57% upside, according to the professionals.Professional analysts aren't always right about which stocks to buy or how high those stocks could go. But when there's a strong consensus among them, I don't ignore it.After all, these people became professionals due to their deep knowledge of how businesses and the stock market work. If they widely agree about something, it's worth noting.There are many tools that are publicly available to track the opinions of analysts, one of whic ...
4 Stocks That Can Help You to Get Richer in 2024
The Motley Fool· 2024-06-14 07:57
These stocks are worth buying before more investors start to notice.I constantly study great investors so that I can become a better one myself. One quote from Peter Lynch stands out: "In this business, if you're good, you're right six times out of 10. You're never going to be right nine times out of 10."This is why I want to highlight four ideas that can help investors get richer in 2024 instead of just one. Statistically speaking, I'm not going to be right with all four. But hopefully, two or three of the ...
Academy Sports And Outdoors: Why Earnings Challenged My Bull Case
Seeking Alpha· 2024-06-12 17:16
J. Michael JonesAcademy's Shares Are Down Being invested in Academy Sports and Outdoors (NASDAQ:ASO) this year has not been fun. Things started getting worse starting in February, when Academy's main competitor, DICK'S Sporting Goods (DKS) literally went to the moon, leaving behind ASO shares. So, we have two sporting goods retailers doing business in the same environment whose performance has been the opposite and is separated by a staggering 70 percentage points year-to-date. Data by YChartsThree mont ...
Academy Sports (ASO) Q1 Earnings & Revenues Lag Estimates
ZACKS· 2024-06-12 13:20
Academy Sports and Outdoors, Inc. (ASO) reported dismal first-quarter fiscal 2024 results, with both earnings and revenues missing the Zacks Consensus Estimate. The top and bottom lines declined on a year-over-year basis.Following the results, shares of the company declined 3.2% on Jun 11. The company’s customers remain under pressure due to the current economic environment.Inside the HeadlinesIn the fiscal first quarter, the company reported adjusted earnings per share (EPS) of $1.08, missing the Zacks Con ...
Academy Sports & Outdoors Misses Results In First Quarter 2024
Forbes· 2024-06-12 10:45
Conroe Texas store Courtesy Academy SportsCourtesy Academy SportsAcademy Sports & Outdoor (Academy) sales in first quarter failed to meet expectations. Net sales decreased (1.4) % to $1,364.2. Net income was $76.5 million, a drop of (18.6%). This compared with Dick’s Sporting Good report of sales increase of 3.02 million a 6.2 increase, and net earnings of $275 million, a $(3.0) % decrease. Promotions were more convincing at Dick’s.The company has many stress points. There are 15 -17 stores opening this yea ...