Academy Sports Approves Governance Changes at Annual Meeting

Academy Sports and Outdoors ( (ASO) ) has shared an update.

On June 5, 2025, Academy Sports and Outdoors, Inc. held its 2025 Annual Meeting where stockholders approved significant amendments to the company’s governance structure. These included removing supermajority voting requirements, declassifying the board for annual director elections starting in 2026, and adding a provision to exculpate certain officers from liability under specific circumstances. Additionally, the stockholders elected three Class II directors, ratified Deloitte & Touche LLP as the independent auditor, and approved executive compensation for fiscal year 2024. Monique Picou was appointed to the Nominating and Governance Committee of the Board.

The most recent analyst rating on (ASO) stock is a Buy with a $72.00 price target. To see the full list of analyst forecasts on Academy Sports and Outdoors stock, see the ASO Stock Forecast page.

Spark’s Take on ASO Stock

According to Spark, TipRanks’ AI Analyst, ASO is a Outperform.

Academy Sports and Outdoors has a balanced stock score driven by strong financial performance and attractive valuation. Despite mixed technical signals and cautious earnings call sentiment, the company’s strategic growth initiatives offer potential upside.

To see Spark’s full report on ASO stock, click here.

More about Academy Sports and Outdoors

Academy Sports and Outdoors, Inc. operates in the retail industry, primarily focusing on providing sporting goods and outdoor recreational products. The company targets a broad market of consumers interested in sports, outdoor activities, and related lifestyle products.

Average Trading Volume: 1,853,309

Technical Sentiment Signal: Sell

Current Market Cap: $2.84B

See more insights into ASO stock on TipRanks’ Stock Analysis page.