Academy Sports and Outdoors Inc. is a premier retailer specializing in sporting goods and outdoor recreational products. The company offers a wide range of merchandise, including athletic apparel, footwear, outdoor gear, and equipment for various sports and fitness activities. With a focus on providing customers access to high-quality products at competitive prices, Academy serves a diverse audience of sports enthusiasts, outdoor adventurers, and families. Their extensive store network and online platform facilitate a seamless shopping experience, catering to the needs of both casual and serious athletes alike.
Sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 3.9% year on year to $1.34 billion. The company’s full-year revenue guidance of $5.92 billion at the midpoint came in 1.3% below analysts’ estimates. Its non-GAAP profit of $0.98 per share was 23.1% below analysts’ consensus estimates.
Retailers saw increased traffic both online and in-stores during the busiest Black Friday shopping weekend ever. BofA Securities analysts weighed in on the retail sector's early holiday winners.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Sportsman's Warehouse (NASDAQ:SPWH) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Academy Sports (NASDAQ:ASO) and its peers.
When you look at ACADEMY SPORTS & OUTDOORS IN (NASDAQ:ASO), it's hard to ignore the strong fundamentals, especially considering its likely undervaluation.
