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Academy Sports raises FY25 adjusted EPS view $5.60-$6.30 from $5.45-$6.25

Consensus $5.82. Narrows revenue view $6B-$6.265B from $5.97B-$6.265B, consensus $6.1B. Sees comparable sales down 3% to up 1%. “Sales for the second quarter continued to improve, and we saw meaningful acceleration in our strategic initiatives. In addition, we believe we now have additional visibility into tariff impacts and are well positioned to mitigate them,” said Carl Ford, Chief Financial Officer. “Based on the results from the first half of the year and the expectations for the remainder of fiscal 2025, we are narrowing the low end of our sales guidance from -4.0% to -3.0%. The updated sales guidance range is -3.0% to positive 1.0%. We expect the tax rate for the year to be 23.5%.”

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