Academy Sports and Outdoors (NASDAQ:ASO) Issues FY 2026 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 6.400-6.800 for the period, compared to the consensus earnings per share estimate of 6.310. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Academy Sports and Outdoors Trading Down 1.0%

Shares of ASO stock opened at $49.88 on Thursday. The company has a quick ratio of 0.44, a current ratio of 1.68 and a debt-to-equity ratio of 0.23. The business has a 50-day moving average price of $54.25 and a two-hundred day moving average price of $54.70. Academy Sports and Outdoors has a 12-month low of $41.29 and a 12-month high of $62.44. The firm has a market cap of $3.22 billion, a P/E ratio of 8.78, a price-to-earnings-growth ratio of 0.78 and a beta of 1.04.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. Academy Sports and Outdoors had a return on equity of 17.85% and a net margin of 6.24%.The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue was up 6.7% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. Equities analysts anticipate that Academy Sports and Outdoors will post 5.93 EPS for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.60 annualized dividend and a yield of 1.2%. Academy Sports and Outdoors’s payout ratio is 10.79%.

Analyst Ratings Changes

Several equities research analysts have issued reports on ASO shares. B. Riley Financial reaffirmed a “buy” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, April 8th. Barclays lifted their price target on Academy Sports and Outdoors from $49.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. UBS Group dropped their price target on Academy Sports and Outdoors from $56.00 to $55.00 and set a “neutral” rating for the company in a research note on Wednesday. Truist Financial dropped their price target on Academy Sports and Outdoors from $54.00 to $52.00 and set a “hold” rating for the company in a research note on Wednesday. Finally, Wells Fargo & Company reissued a “hold” rating on shares of Academy Sports and Outdoors in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $59.25.

Insider Buying and Selling at Academy Sports and Outdoors

In other news, Director Jeffrey C. Tweedy sold 4,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $60.00, for a total value of $240,000.00. Following the completion of the sale, the director owned 7,835 shares of the company’s stock, valued at approximately $470,100. The trade was a 33.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.62% of the company’s stock.

Key Headlines Impacting Academy Sports and Outdoors

Here are the key news stories impacting Academy Sports and Outdoors this week:

• Positive Sentiment: Academy Sports reported Q1 adjusted EPS of $0.93, topping estimates, while revenue of $1.44 billion matched expectations and rose 6.7% year over year. Comparable sales increased 2.9%, e-commerce sales climbed 17.4%, and the company said traffic and average ticket both improved. Article Title
• Positive Sentiment: The company raised FY2026 guidance, signaling management expects momentum to continue after the strong quarter. The outlook helped support the bull case after the earnings release. Article Title
• Neutral Sentiment: Several recap articles and transcript/presentation links highlight investor focus on the Q1 call, including the company’s expansion plans, new-store openings, and continued e-commerce growth. Article Title
• Neutral Sentiment: Analysts were mixed-to-cautious, with JPMorgan cutting its price target to $59 from $60 and Truist lowering its target to $52 from $54, while keeping neutral/hold views. Those moves suggest the market is still debating how much upside remains after the rally on earnings. Article Title
• Negative Sentiment: Management also warned that consumers may remain squeezed through 2026, with lower-income demand and higher gas prices cited as risks. That caution is tempering enthusiasm for the stronger quarter and guidance raise. Article Title

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC bought a new position in Academy Sports and Outdoors during the 3rd quarter valued at approximately $61,000. EverSource Wealth Advisors LLC raised its position in Academy Sports and Outdoors by 89.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock valued at $62,000 after purchasing an additional 657 shares during the last quarter. Smartleaf Asset Management LLC raised its position in Academy Sports and Outdoors by 12.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock valued at $86,000 after purchasing an additional 188 shares during the last quarter. Strs Ohio bought a new position in Academy Sports and Outdoors during the 1st quarter valued at approximately $128,000. Finally, Lazard Asset Management LLC raised its position in Academy Sports and Outdoors by 12.4% during the 2nd quarter. Lazard Asset Management LLC now owns 3,270 shares of the company’s stock valued at $146,000 after purchasing an additional 360 shares during the last quarter.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors is a leading specialty retailer of sporting goods and outdoor gear, operating more than 260 stores across the United States. Headquartered in Katy, Texas, the company offers a broad assortment of merchandise spanning athletic footwear and apparel, team sports equipment, camping and outdoor recreation products, hunting and fishing supplies, and fitness accessories. In addition to its brick-and-mortar footprint, Academy serves customers through its e-commerce platform, offering online ordering, in-store pickup, and home delivery options.

The company’s product portfolio includes seasonal and year-round categories designed to meet the needs of both casual enthusiasts and serious athletes.