Academy Sports and Outdoors (ASO)
NASDAQ:ASO
Earnings Data
Report Date
Jun 09, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.94Last Year’s EPS
0.76Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted multiple concrete operational and financial wins: top-line growth for the year, solid margin expansion, strong e-commerce momentum, successful RFID-driven in-stock improvements, meaningful cash generation and shareholder returns, and scalable loyalty and store expansion initiatives. These positives are balanced against near-term headwinds: a modest comp sales decline, traffic/transaction weakness (particularly among lower-income cohorts), elevated inventory levels, SG&A pressure from growth investments, and external macro risks (tariffs, inflation, gas prices). Management believes self-help initiatives (digital, loyalty relaunch, new-store comp waterfall, brand expansions) provide a path to positive comps and margin expansion in 2026, though results remain contingent on macro outcomes.Company Guidance
Quarterly and Full-Year Revenue Growth
Q4 net sales of $1.70B, up 2.5% year-over-year; full-year sales of $6.05B, up 2% vs prior year — first full-year top-line growth since 2021 and market share gains across the footprint.
Gross Margin Expansion
Q4 gross margin improved to 33.6%, a 140 basis point increase YoY; full-year gross margin of 34.8% (up 90 bps YoY), driven largely by supply-chain efficiencies and pricing/AUR improvements.
Average Unit Retail (AUR) and Ticket Strength
Delivered a ~10% AUR increase in the quarter and a 6% AUR increase for the full year; Q4 ticket rose 5.1% while transactions declined, supporting margin expansion.
Digital Growth and AI Investments
.com business up 13.6% for the year; site and search improvements, early AI use (image generation, item enrichment, Scout agent) and plans for AI semantic search in late Q2 expected to further drive conversion and online growth.
Store Expansion and New-Store Performance
Opened 24 new stores in 2025 with the cohort tracking to exceed year-one expectations; stores opened 2022–2024 delivered mid-single-digit comps and will provide a growing comp tailwind in 2026 (2025-vintage rolling into comps).
Inventory Accuracy and In-stock Improvement via RFID
RFID rollout (scanners to all stores in Q2 2025) plus assortment rationalization improved store in-stocks by ~500 basis points; plan to tag private brand apparel/footwear to cover ~1/3 of sales base by end of spring.
Strong Cash Generation and Shareholder Returns
Generated $435M cash from operations for the year; adjusted free cash flow of ~$263M; returned $234M to investors (dividends $35M, repurchases $199M); ended Q4 with $330M cash (up 14% YoY); Board approved 15% dividend increase.
Loyalty Program Scale and Credit-Card Relaunch
My Academy Rewards enrollment exceeds 13,000,000 members; planned Q2 relaunch of unified loyalty with private-label card tier and new My Academy Rewards Mastercard to deepen engagement and provide targeted value.
2026 Financial Outlook with Margin & EPS Expansion
2026 guidance: net sales +2% to +5% ($6.18B–$6.36B), comps -1% to +2% (midpoint +0.5%); gross margin target 34.5%–35.0%; GAAP EPS $5.65–$6.15 and adjusted EPS $6.10–$6.60; adjusted FCF projected $250M–$300M after $200M–$240M CapEx.
ASO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ASO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 17, 2026 | $56.35 | $49.76 | -11.70% |
Dec 09, 2025 | $48.59 | $52.79 | +8.64% |
Sep 02, 2025 | $53.13 | $49.11 | -7.56% |
Jun 10, 2025 | $43.89 | $44.12 | +0.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Academy Sports and Outdoors (ASO) report earnings?
Academy Sports and Outdoors (ASO) is schdueled to report earning on Jun 09, 2026, Before Open (Confirmed).
What is Academy Sports and Outdoors (ASO) earnings time?
Academy Sports and Outdoors (ASO) earnings time is at Jun 09, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASO EPS forecast?
ASO EPS forecast for the fiscal quarter 2026 (Q1) is 0.94.
