The market has come under pressure in recent days. It can make it very easy for the bears to now look back and give their “I told you so” speeches. Most of them have been watching the whole run, pulling their hair out and screaming at the screen. These Bear of the Day articles are not meant create a bearish story on the broad market. Rather, they are meant to point out earnings trends that investors might not have been aware of. They are trends which are moving in a negative direction, and are single stock ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Academy Sports and Outdoors, Inc. (ASO) is a retailer of sporting goods and outdoor recreational products. The Zacks Consensus Estimate for its current year earnings has been revised 8.9% downward over the last 60 days.The Bank of N.T. Butterfield & Son Limited (NTB) is a company which provides a range of community, commercial, and private banking services. The Zacks Consensus Estimate for its current year earnings has been revised 4. ...

In the latest market close, Academy Sports and Outdoors, Inc. (ASO) reached $60.14, with a -1.59% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.95%. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, lost 0.84%.Shares of the company witnessed a loss of 9.16% over the previous month, trailing the performance of the Consumer Discretionary sector with its loss of 0.94% and the S&P 500's gain of 1.78%.Analysts and investors alike will be ke ...

While the market continues to impress – most recently thanks to another robust jobs report – the usual suspects appear overpriced, which brings us to undervalued stocks. Yes, it might seem like every idea is overbought. However, there will always be enterprises that don’t grab the spotlight.It’s just a matter of mathematical realities. Right now, investors can choose from thousands upon thousands of publicly traded assets. We’re not just talking about individual stocks but also baskets of securities, also k ...

Academy Sports and Outdoors, Inc. (ASO) reported mixed fourth-quarter fiscal 2023 results, with earnings missing the Zacks Consensus Estimate and net sales surpassing the same. The top and the bottom lines grew on a year-over-year basis.The results reflect sequential as well as year-over-year increases in comparable sales, attributable to normalizing consumer sentiments and the company’s resilient business initiatives. Also, long-term investment plans and brand image position the company well to witness gro ...

Conroe Texas storeCourtesy Academy SportsAcademy Sports + Outdoors just reported full year fiscal 2023 sales and earnings. Many customers were reluctant to spend a lot of money since inflation and economic uncertainty caused a heavy headwind that negatively impacted sales. The company reported sales of $6,159 million compared to last year’s $6, 395 million. That is a -3.7% decrease. Earnings per share also declined, from $7.49 to $6.70, a -10.5 % decrease.During the year, the company opened 14 new stores an ...

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Q4 2023 Earnings Conference Call March 21, 2024 10:00 AM ET Company Participants Matt Hodges - VP, IR Steve Lawrence - CEO Carl Ford - CFO Conference Call Participants Simeon Gutman - Morgan Stanley Kate McShane - Goldman Sachs Greg Melich - Evercore ISI Chris Horvers - JPMorgan Robbie Ohmes - Bank of America Michael Lasser - UBS Anthony Chukumba - Loop Capital Markets John Heinbockel - Guggenheim Securities Will Gaertner - Wells Fargo Operator Good morning, la ...

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 3, 2024 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) Delaware 85-18009 ...

For the quarter ended January 2024, Academy Sports and Outdoors, Inc. (ASO) reported revenue of $1.79 billion, up 2.8% over the same period last year. EPS came in at $2.21, compared to $2.04 in the year-ago quarter.The reported revenue represents a surprise of +0.59% over the Zacks Consensus Estimate of $1.78 billion. With the consensus EPS estimate being $2.34, the EPS surprise was -5.56%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...

Exhibit 99.1 Academy Sports + Outdoors Reports Fourth Quarter and Fiscal 2023 Results Fourth Quarter Comparable Sales Declined (3.6)%: a +440 Basis Point Increase vs.(8.0%) Third Quarter 2023 Fourth Quarter Diluted GAAP EPS of $2.21; Grew 12.2% over Last Year Company Opened Seven New Stores in Fourth Quarter; 14 New Stores in 2023 Quarterly Dividend Increased by 22% KATY, TEXAS (Globe Newswire — March 21, 2024) – Academy Sports and Outdoors, Inc. (Nasdaq: ASO) ("Academy" or the "Company") today announced it ...