Core Insights - Academy Sports and Outdoors, Inc. (ASO) is expected to report quarterly earnings of 1.37 billion, reflecting a decrease of 0.7% compared to the same period last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts have collectively reevaluated their initial estimates [1] - Analysts' revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock [1] Revenue Estimates - Analysts estimate 'Net Sales- Merchandise Division Sales- Outdoors' to be 323.21 million, reflecting a decrease of 5.9% from the prior-year quarter [2] - 'Net Sales- Other Sales' is predicted to be 284.74 million, a decline of 3.9% from the prior-year quarter [3] - The consensus estimate for 'Net Sales- Total Merchandise Sales' stands at 360.91 million, reflecting a year-over-year increase of 4.5% [3] - Analysts expect 'Stores - EOP' to total 285, an increase from 269 reported in the same quarter last year [3] Stock Performance - Over the past month, shares of Academy Sports and Outdoors have returned -0.7%, while the Zacks S&P 500 composite has increased by 4.6% [3] - ASO currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [3]
Seeking Clues to Academy Sports and Outdoors (ASO) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics