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

Academy Sports and Outdoors (NASDAQ:ASO) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 6.500-6.900 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.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ASO. UBS Group boosted their target price on Academy Sports and Outdoors from $55.00 to $58.00 and gave the stock a “neutral” rating in a research report on Thursday. The Goldman Sachs Group lowered their price target on Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday, June 10th. Wells Fargo & Company upgraded Academy Sports and Outdoors from a “hold” rating to a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. cut their price objective on Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. Finally, Barclays upped their price objective on shares of Academy Sports and Outdoors from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $58.29.

Academy Sports and Outdoors Stock Up 6.0%

ASO opened at $54.22 on Friday. The business’s fifty day simple moving average is $46.96 and its 200 day simple moving average is $51.62. Academy Sports and Outdoors has a 52 week low of $41.29 and a 52 week high of $62.44. The company has a quick ratio of 0.36, a current ratio of 1.74 and a debt-to-equity ratio of 0.23. The stock has a market cap of $3.36 billion, a PE ratio of 9.04, a P/E/G ratio of 0.75 and a beta of 1.02.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings results on Wednesday, September 9th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.24. Academy Sports and Outdoors had a return on equity of 18.36% and a net margin of 6.39%.The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the previous year, the company posted $1.94 earnings per share. The company’s revenue was up 3.0% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. As a group, research analysts expect that Academy Sports and Outdoors will post 6.01 earnings per share for the current fiscal year.

Academy Sports and Outdoors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 16th will be given a $0.15 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.1%. Academy Sports and Outdoors’s payout ratio is presently 10.56%.

Key Stories Impacting Academy Sports and Outdoors

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

• Positive Sentiment: Earnings beat and stronger outlook: Adjusted EPS rose 19.1% year over year to $2.31, exceeding the approximately $2.07–$2.10 analyst consensus. Revenue increased 3.0% to $1.65 billion, in line with expectations, while the company raised fiscal 2026 adjusted EPS guidance to $6.50–$6.90. Academy Sports + Outdoors Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Digital and store expansion provided support: E-commerce sales grew 12.8%, and newly opened stores delivered positive mid-single-digit comparable sales. Management also pointed to cost discipline and e-commerce growth as drivers of the improved profit forecast. Academy Sports + Outdoors raises annual profit forecast
• Positive Sentiment: Hoka launch broadens the premium product offering: Academy plans to introduce five Hoka running-shoe styles in 15 stores and online in early October, potentially attracting higher-value performance-running customers. Academy launches Hoka performance running shoes

Institutional Trading of Academy Sports and Outdoors

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Advisory Services Network LLC bought a new stake in shares of Academy Sports and Outdoors in the 3rd quarter worth approximately $61,000. EverSource Wealth Advisors LLC boosted its holdings in Academy Sports and Outdoors by 89.9% in the second quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock worth $62,000 after acquiring an additional 657 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Academy Sports and Outdoors by 12.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock worth $86,000 after acquiring an additional 188 shares in the last quarter. Strs Ohio purchased a new stake in shares of Academy Sports and Outdoors in the first quarter worth $128,000. Finally, Lazard Asset Management LLC grew its stake in shares of Academy Sports and Outdoors by 12.4% in the second quarter. Lazard Asset Management LLC now owns 3,270 shares of the company’s stock worth $146,000 after acquiring 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.