Total donations have eclipsed over $2.7 million since 2020KATY, Texas, April 8, 2025 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") (Nasdaq: ASO) today announced the donation of more than $550,000 to St. Jude Children's Research Hospital®. The donation is the result of a collaboration between the two organizations on holiday-inspired t-shirts and lounge pants featuring St. Jude patient art-inspired designs. A portion of the proceeds from sales of the products were donated to St. Jude."Academy Sports ...

In fiscal 2025, Academy Sports expects to open a total of 20-25 new stores, with a new store opening anticipated in April, in another new location in Charlotte, NC. In the first quarter of fiscal 2025, the company expects to keep the store openings to five, with the expectation of the majority of the openings happening in the first half of the fiscal year. Growth Initiatives of Academy Sports Academy Sports focuses on investment for various growth initiatives, which comprise new store expansion, omnichannel ...

Core Viewpoint - Academy Sports + Outdoors is expanding its retail footprint by opening 20-25 new stores in fiscal 2025, marking significant growth and community engagement initiatives [1][4]. Group 1: Store Expansion - Academy has surpassed 300 stores with recent openings in York, Harrisburg, and Hagerstown, marking its first locations in Pennsylvania and Maryland, and plans to open a total of 20-25 new stores in fiscal 2025 [1][4]. - In 2023, Academy opened 14 new stores across 6 states, and in 2024, it opened 16 new stores across 10 states, including its first locations in Ohio [4]. Group 2: Community Engagement - The company is donating over $40,000 to support more than 350 children through local Boys & Girls Clubs in the communities where new stores have opened [3]. - NFL star Micah Parsons participated in the Harrisburg grand opening, taking 100 local kids on a shopping spree, highlighting the company's commitment to community support [3]. Group 3: Product Offering and Services - Academy stores provide a wide range of products including apparel, footwear, sports and camping equipment, hunting and fishing gear, and outdoor cooking supplies from top national brands [2][5]. - The company offers free services such as grill and bike assembly, scope mounting, and hunting and fishing licenses available for purchase in stores [5][6]. Group 4: Employment Opportunities - The five new stores are expected to create approximately 300 new jobs in their local communities [8].

Core Investment Criteria - An ideal investment operates in a sector expected to experience structural growth exceeding GDP growth over the next 5-10 years [1] - It benefits from sustainable competitive advantages that lead to attractive unit economics [1] - The investment should be managed by competent, ethical, and long-term thinkers [1] - A fair valuation is essential for the investment [1]

Academy Sports and Outdoors, Inc. (ASO) reported fourth-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines declined on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.ASO’s Q4 Earnings & RevenuesIn the fiscal fourth quarter, the company reported adjusted earnings per share (EPS) of $1.96, beating the Zacks Consensus Estimate of $1.82. In the prior-year quarter, ASO reported an adjusted EPS of ...

Core Viewpoint - JPMorgan analyst Christopher Horvers maintains a Neutral rating on Academy Sports and Outdoors, Inc. (ASO), raising the price target to $54 from $52, despite mixed quarterly results [1][4]. Financial Performance - Academy Sports reported fourth-quarter adjusted earnings per share of $1.96, exceeding the street estimate of $1.83 [1]. - Quarterly sales reached $1.676 billion, reflecting a 6.6% year-over-year decline, slightly missing the analyst consensus estimate of $1.677 billion [1]. Strategic Initiatives - The company is improving new store site selection for the second half of 2024, addressing previous underperformance in unit growth that began in 2022 [2]. - IT enhancements and plans are expected to boost the performance of existing stores [3]. - Academy Sports is expanding its Nike product assortment to 145 of its 300+ locations and its website, starting in April, to better compete with Dick's Sporting Goods [3]. Market Challenges - The macroeconomic environment poses challenges for Academy Sports, particularly due to its higher exposure to lower-income consumers compared to competitors like Dick's Sporting Goods [4]. - Despite an attractive valuation, there is uncertainty regarding the company's growth potential under current market conditions, with projected 1Q/FY25 comparable sales of -3.5% and flat, respectively [4]. Stock Performance - ASO shares are trading higher by 1.14% to $47.96 as of the last check on Friday [5].

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 ...

Financial Data and Key Metrics Changes - Net sales for Q4 2024 were $1,680,000,000, representing a 6.6% decline compared to the previous year, primarily due to a comparison against a 53-week fiscal year [7][36] - Comparable sales decreased by 3%, with a sequential improvement from Q3 and the first half of the year [8][36] - Gross margin for Q4 was 32.2%, down 110 basis points from the previous year, driven by higher freight and distribution costs [13][37] - Net income for Q4 was $133,600,000, with diluted earnings per share of $1.89 [36] Business Line Data and Key Metrics Changes - The outdoor category was the best performer, with total net sales growth of 2% [11] - The mineral category saw a 1% decline in net sales, rebounding during the holiday season due to strong youth apparel sales [12] - Sports and Recreation net sales improved, finishing down 1% compared to the previous year [12] - Footwear net sales were down 2%, with strong performances from brands like ASICS and New Balance [13] Market Data and Key Metrics Changes - The company gained approximately 40 basis points of store traffic share among households earning over $100,000 annually in December [40] - Traffic growth accelerated by 700 basis points in December compared to October, indicating a positive response to value offerings [40] Company Strategy and Development Direction - The company plans to open 20 to 25 new stores in 2025, having already opened three in Pennsylvania and Maryland [20] - A focus on enhancing the e-commerce experience and expanding fulfillment options is part of the growth strategy [23] - The introduction of the Jordan brand in 145 stores is expected to significantly impact sales and brand presence [26][80] - The company aims to maintain its position as a value leader, especially for lower to middle-income consumers [28] Management's Comments on Operating Environment and Future Outlook - Management noted a cautious consumer environment, with expectations of continued softness in the lower-income demographic [60] - The company anticipates Q1 to be the most challenging quarter, with Q2 expected to show stronger performance due to new initiatives [49][60] - Management expressed optimism about the impact of new store openings and brand launches on future growth [51] Other Important Information - The company generated $528,000,000 in cash from operations in 2024 and returned over $396,000,000 to shareholders through dividends and share repurchases [42][43] - An 18% increase in dividends was approved, resulting in $0.13 per share payable in April 2025 [44] Q&A Session Summary Question: What are the expected drivers of gross margin expansion in 2025? - Management indicated that recapturing supply chain headwinds and a higher penetration of soft lines, supported by Jordan and Nike, are expected to drive gross margin expansion [54][55] Question: How does the company view the impact of weather versus consumer uncertainty? - Management acknowledged a softening in business due to weather but noted a rebound as temperatures warmed, indicating a cautious but stabilizing consumer environment [60][61] Question: What is the expected contribution of new stores to comps in 2025? - Management expects new stores to contribute positively to comps, with a significant number of stores from previous vintages entering the comp base [66] Question: Can you provide more details on the Jordan brand launch? - The Jordan brand will be launched in 145 stores and online, marking the first time Academy will sell Jordan products, with a focus on sport-related items [78][80] Question: What is the company's strategy regarding tariffs and pricing? - Management emphasized a diversified sourcing base to mitigate tariff impacts and a commitment to maintaining competitive pricing on key items [86][87]