Academy Sports And Outdoors Sees Growth In FY26; Stock Down 4.4% - Update

Group 1 - Academy Sports and Outdoors, Inc. (ASO) reported its financial results for the fourth quarter and provided guidance for fiscal year 2026 [1] - For fiscal 2026, the company projects earnings per share between $5.65 and $6.15, adjusted earnings between $6.10 and $6.60, net sales between $6.175 billion and $6.355 billion, and comparable sales to decline by 1.0% to grow by 2% [2] - The company plans to open 20 to 25 new stores in fiscal 2026 [2] Group 2 - The Board of Directors declared a quarterly cash dividend of $0.15 per share, which is a 15% increase, payable on April 10, 2026, to stockholders of record as of March 20, 2026 [3] - In pre-market trading, ASO shares are priced at $54.01, reflecting a decrease of $2.50 or 4.42% [4]