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

Posted by Francis Steltz on Jun 10th, 2026

Academy Sports and Outdoors (NASDAQ:ASO – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 6.400-6.800 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.

Analysts Set New Price Targets

Several analysts have issued reports on ASO shares. The Goldman Sachs Group reissued a “buy” rating on shares of Academy Sports and Outdoors in a research note on Wednesday. Truist Financial set a $54.00 price objective on Academy Sports and Outdoors in a research report on Monday, April 20th. JPMorgan Chase & Co. increased their price objective on Academy Sports and Outdoors from $56.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, March 18th. Telsey Advisory Group reissued an “outperform” rating and issued a $65.00 target price on shares of Academy Sports and Outdoors in a research report on Tuesday, March 17th. Finally, Stephens assumed coverage on Academy Sports and Outdoors in a research note on Wednesday, May 13th. They issued an “overweight” rating and a $78.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $59.87.

Read Our Latest Research Report on ASO

Academy Sports and Outdoors Price Performance

NASDAQ:ASO opened at $50.37 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.44 and a current ratio of 1.89. The stock’s 50-day simple moving average is $54.33 and its 200 day simple moving average is $54.65. The company has a market cap of $3.25 billion, a P/E ratio of 9.06, a P/E/G ratio of 0.80 and a beta of 1.04. Academy Sports and Outdoors has a 52-week low of $41.29 and a 52-week high of $62.44.

Academy Sports and Outdoors (NASDAQ:ASO – Get Free Report) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Academy Sports and Outdoors had a return on equity of 17.88% and a net margin of 6.22%.The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.76 earnings per share. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. As a group, sell-side analysts forecast that Academy Sports and Outdoors will post 5.93 EPS for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Thursday, June 18th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 18th. Academy Sports and Outdoors’s dividend payout ratio is presently 10.79%.

Insider Buying and Selling at Academy Sports and Outdoors

In related news, Director Jeffrey C. Tweedy sold 4,000 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $60.00, for a total transaction of $240,000.00. Following the transaction, the director directly owned 7,835 shares in the company, valued at approximately $470,100. The trade was a 33.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.62% of the company’s stock.

More Academy Sports and Outdoors News

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

Positive Sentiment: Q1 adjusted EPS came in at $0.93, topping estimates, while revenue rose 6.7% year over year to $1.44 billion and comparable sales increased 2.9%, signaling solid execution and resilient traffic. Article Title
Positive Sentiment: Academy raised FY 2026 guidance to EPS of $6.40-$6.80 and revenue of $6.2 billion-$6.4 billion, both above Street expectations, which supports the bull case for continued earnings growth. Article Title
Positive Sentiment: Management highlighted 17.4% e-commerce growth and strong new-store performance, suggesting multiple growth engines are contributing to results. Article Title
Neutral Sentiment: Short-interest data showed 0 shares reported, offering no meaningful signal for near-term trading direction.
Neutral Sentiment: Analyst commentary and transcript/presentation coverage this morning appear to be focused on parsing the details of the quarter rather than introducing new fundamental risks. Article Title
Negative Sentiment: Management cautioned that consumers will remain “squeezed” through 2026, which could limit discretionary spending and temper the sustainability of sales momentum. Article Title

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its stake in Academy Sports and Outdoors by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,957,374 shares of the company’s stock valued at $197,708,000 after purchasing an additional 77,470 shares during the last quarter. State Street Corp increased its position in Academy Sports and Outdoors by 2.2% during the fourth quarter. State Street Corp now owns 2,715,677 shares of the company’s stock worth $136,028,000 after buying an additional 59,446 shares during the last quarter. Morgan Stanley raised its stake in Academy Sports and Outdoors by 19.5% in the fourth quarter. Morgan Stanley now owns 1,610,782 shares of the company’s stock valued at $80,475,000 after buying an additional 263,267 shares during the period. Boston Partners lifted its position in shares of Academy Sports and Outdoors by 85.5% in the third quarter. Boston Partners now owns 1,302,141 shares of the company’s stock valued at $65,416,000 after buying an additional 600,335 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Academy Sports and Outdoors by 128.2% in the fourth quarter. Invesco Ltd. now owns 833,769 shares of the company’s stock valued at $41,655,000 after buying an additional 468,457 shares during the last quarter.

About Academy Sports and Outdoors

(Get Free Report)

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.