Academy Sports and Outdoors Stock News

With just three weeks left in the year (as of this writing), the S&P 500 is up nearly 27% in 2024. To illustrate how great this gain is, if someone invested $10,000 and gained 27% annually, they'd have over $100,000 in just 10 years.

Academy Sports & Outdoors faces challenges with profitability and sales growth, despite boasting industry-leading metrics and expansion potential. Q3 2024 earnings show declines in net sales, net income, and EPS, with a negative trend persisting year-to-date. The company has improved its balance sheet, reduced leverage, and initiated significant share repurchase programs, indicating financial s...

I upgraded my rating for Academy Sports and Outdoors from hold to buy, citing improving same-store sales growth and a major growth driver in FY25. Despite weak recent quarterly performance, I believe ASO's SSSG is showing an improving trend. The current valuation of ASO appears attractive, and I estimated a potential upside of 13%.

Academy Sports and Outdoors, Inc. (NASDAQ:ASO ) Q3 2024 Earnings Conference Call December 10, 2024 10:00 AM ET Company Participants Brad Morris - Director, Strategic Initiatives Steve Lawrence - Chief Executive Officer Carl Ford - Chief Financial Officer Conference Call Participants Emily Ghosh - Goldman Sachs Robby Ohmes - Bank of America Michael Lasser - UBS Anthony Chukumba - Loop Capital Ma...

Net Sales Decline (3.9)% ; Comparable Sales of (4.9)% GAAP Diluted EPS of $0.92 , or $0.98 Adjusted Diluted EPS 1 Year-to-Date GAAP Operating Cash Flow +29%; Year-to-Date Adjusted Free Cash Flow 1 +67% vs LY Authorizes New $700 Million Share Repurchase Program Plans to Open 20 to 25 New Stores in Fiscal 2025 KATY, Texas, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (Nasda...

KATY, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- This press release is being issued to replace in its entirety a press release issued earlier today that contained a typographical error regarding the remaining availability under the preceding share repurchase program.

KATY, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (the “Company” or “Academy”) (Nasdaq: ASO) announced today that its Board of Directors approved a new share repurchase program authorizing the Company to repurchase up to $700 million of its outstanding common stock. This new share repurchase program replaces the preceding share repurchase program, of which $423 mi...

Academy opened 16 new stores in fiscal 2024 helping customers to have fun out there KATY, Texas , Dec. 3, 2024 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, wrapped up 2024 with five new stores in Bradenton, Fla. ; Yulee, Fla.