Academy Sports Outdoors IncASO
▲ PositiveCapitalrelevance
Q2 EPS rose 19.1% to $2.31 and the company raised full-year gross-margin and EPS guidance.
Impact on stocks 1
Consumer Discretionary
Academy Sports Outdoors IncAcademy Sports and Outdoors reported second-quarter fiscal 2026 net sales of $1.6 billion, up 3% from a year earlier, while comparable sales declined 0.4%. The retailer reaffirmed its full-year sales and comparable-sales outlook despite pressure from lower-income consumers, whose traffic fell by high single digits. E-commerce sales rose 12.8%, and gross margin expanded to 40.4%, boosted by tariff refunds. Adjusted earnings per share increased 19.1% to $2.31, and the company raised its full-year gross-margin and EPS guidance. Academy also reaffirmed plans to open 22 to 24 new stores in fiscal 2026.
Academy Sports Outdoors IncQ2 EPS rose 19.1% to $2.31 and the company raised full-year gross-margin and EPS guidance.