Academy(ASO)
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Academy Sports + Outdoors Announces First Quarter Fiscal 2025 Results Conference Call
Prnewswire· 2025-05-27 12:55
Core Viewpoint - Academy Sports and Outdoors, Inc. is set to release its first quarter fiscal 2025 financial results on June 10, 2025, before market opening [1] Financial Results Announcement - The company will host a live conference call on the same day at 10:00 a.m. Eastern Time to discuss the financial results [2] - Participants can access the call by dialing 1-877-407-3982 (U.S.) or 1-201-493-6780 (International) with the conference passcode 13753920 [2] - A webcast of the call and related materials will be available on the company's website [2] Conference Call Replay - A telephonic replay of the conference call will be available for approximately 30 days [3] - The replay can be accessed by dialing 1-844-512-2921 (U.S.) or 1-412-317-6671 (International) with the same passcode [3] - The webcast will also be archived on the company's website for about 30 days [3] Company Overview - Academy Sports and Outdoors is a leading full-line sporting goods and outdoor recreation retailer in the U.S. [4] - The company was founded in 1938 in Texas and has expanded to over 300 stores across 21 states [4] - Academy's mission is to provide "Fun for All" through a localized merchandising strategy that appeals to a diverse consumer base [4] - The product assortment includes key categories such as outdoor, apparel, sports & recreation, and footwear, featuring both national brands and private label brands [4]
Academy Sports + Outdoors Champions Youth Sports Through New Boys & Girls Clubs of America Partnership
Prnewswire· 2025-04-17 13:06
Academy to serve as a National Partner of the Boys & Girls Clubs of AmericaKATY, Texas, April 17, 2025 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, announced today a new partnership with Boys & Girls Clubs of America. Together, the organizations will work to make sports and outdoor fun more available to children in underserved communities across the country. Boys & Girls Clubs of America has over 5,400 Clubs nationwi ...
Academy Sports + Outdoors Teams Up with Babe Ruth League to Support Youth Baseball and Softball Across the Country
Prnewswire· 2025-04-10 13:06
Academy to serve as the Official Sporting Goods Retailer of Babe Ruth League beginning in 2025 KATY, Texas, April 10, 2025 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce a multi-year partnership with Babe Ruth League, serving as the league's Official Sporting Goods Retailer. By combining resources and expertise, the two organizations aim to help youth athletes from across the country develop thei ...
Academy Sports + Outdoors Donates More Than $550K to St. Jude Children's Research Hospital® through Annual Holiday Partnership
Prnewswire· 2025-04-08 13:06
Core Insights - Academy Sports + Outdoors has donated over $550,000 to St. Jude Children's Research Hospital through a collaboration on holiday-themed apparel, contributing to a total of more than $2.7 million since 2020 [1][2] Company Overview - Academy Sports + Outdoors is a leading full-line sporting goods and outdoor recreation retailer in the United States, with over 300 stores across 21 states [4] - The company was founded in 1938 in Texas and focuses on a localized merchandising strategy to connect with a broad range of consumers [4] Partnership with St. Jude - The partnership with St. Jude has been ongoing for five years, with a focus on supporting young patients and their families through creative fundraising initiatives [2][3] - The holiday apparel collection features designs inspired by St. Jude patients, allowing customers to contribute to the hospital's mission while celebrating children's artwork [3] St. Jude Children's Research Hospital Overview - St. Jude is dedicated to treating and defeating childhood cancer and other life-threatening diseases, with a mission of "Finding cures. Saving children." [5] - Since its opening in 1962, St. Jude has increased the overall survival rate for childhood cancer from 20% to over 80% [5]
Academy Sports Expands Retail Footprint With Two Debut Locations
ZACKS· 2025-03-31 14:51
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 ...
Academy Sports + Outdoors Surpasses 300 Stores with First Locations in Pennsylvania and Maryland
Prnewswire· 2025-03-27 12:06
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].
Academy Sports And Outdoors: FY25 Outlook Is Full Of Uncertainty (Rating Downgrade)
Seeking Alpha· 2025-03-26 14:01
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 Q4 Earnings & Revenues Beat Estimates, Fall Y/Y
ZACKS· 2025-03-21 17:45
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 ...
Academy Sports' Growth Potential Uncertain Amid Macroeconomic Challeneges: Analyst Explains Why
Benzinga· 2025-03-21 17:41
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].
Academy Sports and Outdoors (ASO) Reports Q4 Earnings: What Key Metrics Have to Say
ZACKS· 2025-03-21 00:31
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]