Q3 26 EPS
$1.14
BEAT +7.49%
Est. $1.06
Q3 26 Revenue
$1.38B
MISS 1.61%
Est. $1.41B
vs S&P Since Q3 26
-19.8%
TRAILING MARKET
ASO -10.0% vs S&P +9.8%
Market Reaction
Did ASO Beat Earnings? Q3 2026 Results
Academy Sports & Outdoors delivered a mixed but largely encouraging third quarter for fiscal 2025, beating profit expectations while falling just short on the top line. Adjusted diluted EPS of $1.14 cleared the $1.06 consensus estimate by 7.49%, driv… Read more Academy Sports & Outdoors delivered a mixed but largely encouraging third quarter for fiscal 2025, beating profit expectations while falling just short on the top line. Adjusted diluted EPS of $1.14 cleared the $1.06 consensus estimate by 7.49%, driven by gross margin expansion of 170 basis points to 35.7% that reflected tighter promotional discipline and improved merchandising. Revenue of $1.38 billion grew 3.0% year-over-year but came in 1.61% below expectations, as new store openings carried growth while comparable sales dipped 0.9%, a marked improvement from the negative 4.9% comp recorded a year ago. The company's 317-store footprint, expanded by eleven new locations in the quarter, remains central to its growth thesis, with eCommerce sales climbing 22.2% adding further momentum. Sector-wide caution following disappointing results from a major athletic brand weighed on investor sentiment around the report, though Academy's own fundamentals showed clear stabilization. Looking ahead, management narrowed fiscal 2025 guidance, raising the net sales floor to $6.03 billion while adjusting adjusted diluted EPS to a range of $5.65 to $6.15.
Key Takeaways
- • eCommerce sales growth of 22.2%
- • New stores comping in the high single digits
- • Gross margin expansion of 170 basis points year-over-year to 35.7%
- • Value leadership positioning driving market share gains
- • Jordan Brand launch in 145 doors and expanded Nike assortment
- • Record Black Friday event
ASO YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
“We continue to see an acceleration in our underlying growth strategies, despite the uncertain economic backdrop the consumer is facing.”
— Steve Lawrence, Q3 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% |