Key Points – Academy Sports returned to comparable sales growth in fiscal Q1, with net sales up 6.7% to $1.44 billion and comps rising 2.9%.
E-commerce was a standout, growing 17%, while gains were broad-based across outdoor, sports/recreation, apparel and footwear. – Profitability was pressured by tariffs, which cut gross margin to 33.2%, but lower SG&A helped offset some of the hit
Diluted EPS rose 17.6% to $0.80, and adjusted EPS increased 22.4% to $0.93. – Management raised full-year guidance after the strong start, lifting sales outlook to $6.23 billion-$6.35 billion and EPS guidance to $5.95-$6.35. The company also highlighted new-store expansion, loyalty program growth, and expanded omnichannel initiatives as key growth drivers. – 3 Small-Cap Stocks to Buy as the Russell 2000 Extends Its Rally Academy Sports and Outdoors (NASDAQ:ASO) reported a return to comparable sales growth in its fiscal first quarter, with management pointing to gains across all major merchandise divisions, strong e-commerce growth and momentum from newer stores. The sporting goods retailer said first-quarter net sales rose 6.7% to $1.44 billion, while comparable sales increased 2.9%.
Chief Executive Officer Steve Lawrence said the results were at the high end of the range the company communicated ahead of its Analyst Day in April. – Academy Sports Stock Sinks After Earnings: Buy the Dip or Beware? Lawrence said the quarter benefited from low single-digit positive traffic and a high single-digit increase in average unit retail, while units per transaction declined slightly. E-commerce was a standout, with sales up 17% and penetration expanding by 100 basis points.