Q1 26 EPS
$0.68
MISS 23.70%
Est. $0.89
Q1 26 Revenue
$1.35B
MISS 1.51%
Est. $1.37B
vs S&P Since Q1 26
-21.5%
TRAILING MARKET
ASO +3.5% vs S&P +25.0%
Market Reaction
Did ASO Beat Earnings? Q1 2026 Results
Academy Sports & Outdoors stumbled in its fiscal first quarter, delivering results that fell well short of Wall Street's expectations as a difficult consumer environment weighed on the sporting goods retailer. The company posted revenue of $1.35 bill… Read more Academy Sports & Outdoors stumbled in its fiscal first quarter, delivering results that fell well short of Wall Street's expectations as a difficult consumer environment weighed on the sporting goods retailer. The company posted revenue of $1.35 billion for the thirteen weeks ended May 3, 2025, down 0.9% year-over-year and slightly below the $1.37 billion consensus estimate, while GAAP diluted EPS of $0.68 missed the $0.89 analyst forecast by 23.70%, declining sharply from $1.01 in the year-ago period. The primary culprit was a 3.7% comparable sales decline, which pressured operating income to $69.27 million from $102.38 million a year prior, even as gross margin nudged higher to 34.0%. Looking ahead, the company widened its full-year guidance range to reflect tariff uncertainty, now projecting adjusted diluted EPS of $5.45 to $6.25 and net sales of $5.97 billion to $6.27 billion, while continuing to expand its store footprint toward a target of 20 to 25 new locations in fiscal 2025.
Key Takeaways
- • eCommerce sales increased 10.2%
- • Sequential comparable sales improvement across each month of the quarter with positive comp in April
- • New stores continue to comp positive low single digits
- • Gross margin expanded 60 basis points to 34.0%
- • Jordan Brand launch in 145 doors and online exceeded sales plans
- • Nike expanded assortment exceeding sales plans through May
- • Strong growth in traffic from higher income consumers
ASO YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
“During the first quarter we saw continued progress across our strategic initiatives, including the opening of five new stores, and the biggest brand launch in the Company's history with the addition of the Jordan Brand.”
— Steve Lawrence, Q1 2026 Earnings Press Release
ASO Earnings Trends
ASO vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ASO EPS Trend
Earnings per share: estimate vs actual
ASO Revenue Trend
Quarterly revenue: estimate vs actual
ASO Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $0.92 | $0.93 | +1.42% | $1.44B | +0.08% |
| Q4 26 MISS FY | $2.05 | $1.97 | -4.04% | $1.72B | -2.05% |
| FY Full Year | — | $5.78 | — | $6.05B | — |
| Q3 26 BEAT | $1.06 | $1.14 | +7.49% | $1.38B | -1.61% |
| Q2 26 MISS | $2.13 | $1.94 | -9.12% | $1.60B | -0.39% |
| Q1 26 MISS | $0.89 | $0.68 | -23.70% | $1.35B | -1.51% |