We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
ASO’s earnings beat the Zacks Consensus Estimate in one of the trailing four quarters, missed twice and matched on one occasion, the average surprise being negative 7%. (Find the latest earnings estimates and surprises on Zacks Earnings Calendar.)
Trend in Estimate Revision of ASO
The Zacks Consensus Estimate for the fiscal first-quarter bottom line is pegged at 91 cents, indicating a deterioration of 15.7% from $1.08 reported in the year-ago quarter.
Academy Sports and Outdoors, Inc. Price and EPS Surprise
For revenues, the consensus mark is pegged at $1.37 billion. The estimate indicates an increase of 0.4% from the year-ago quarter’s figure.
Let us take a look at how things might have shaped up in the quarter to be reported.
Factors Likely to Shape Academy Sports’ Quarterly Results
Academy Sports’ fiscal first-quarter performance is likely to have benefited from a multi-pronged growth strategy emphasizing new brand partnerships, enhanced store productivity, a sharpened value proposition and digital capability upgrades.
The launch of the Jordan Brand is expected to have enhanced customer engagement and softlines penetration. This, along with expanded Nike assortments and new offerings from Converse and Osprey, is likely to have driven incremental traffic and early momentum in the fiscal first quarter.
On the omnichannel front, investments in RFID technology, handheld devices and same-day delivery options are likely to have improved inventory visibility, fulfilment efficiency and customer experience. These enhancements, coupled with a cleaner spring merchandise transition, might have supported store productivity and conversion in the fiscal first quarter.
While the lower to middle-income customer remained cautious, ASO is likely to have gained traction among higher-income cohorts seeking value. A growing loyalty program, with more than 11 million enrolled members, is expected to have contributed to higher visit frequency and basket size. However, soft consumer spending trends and unfavorable weather in January and February are likely to have weighed on traffic early in the quarter.
Persistent macroeconomic pressures, including freight and tariff headwinds, are likely to have created near-term margin pressure. Additionally, investments tied to new store openings and merchandising efforts for the Jordan Brand are expected to have weighed modestly on profitability in the fiscal first quarter.
What Our Model Says About ASO Stock
Our proven model does not conclusively predict an earnings beat for Academy Sports this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, this is not the case here.
ASO’s Earnings ESP: Academy Sports has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
ASO’s Zacks Rank: Academy Sports currently has a Zacks Rank #4 (Sell).
Stocks With the Favorable Combination
Here are some stocks from the Zacks Consumer-Discretionary sector that investors may consider, as our model shows that these have the right combination of elements to post an earnings beat.
In the to-be-reported quarter, Carnival’s earnings are expected to increase 109.1% year over year. It reported better-than-expected earnings in each of the trailing four quarters, with an average surprise of 458.4%.
Boyd Gaming Corporation (BYD - Free Report) currently has an Earnings ESP of +3.39% and a Zacks Rank of 3.
In the to-be-reported quarter, Boyd Gaming’s earnings are expected to increase 2.5% year over year. Boyd Gaming’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8%.
Hasbro, Inc. (HAS - Free Report) has an Earnings ESP of +6.30% and a Zacks Rank of 3 at present.
Hasbro reported better-than-expected earnings in each of the trailing four quarters, the average surprise being 41.7%. The company’s earnings for the to-be-reported quarter are expected to decrease 36.9% year over year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Academy Sports Gears Up for Q1 Earnings: What's in the Cards?
Key Takeaways
Academy Sports and Outdoors, Inc. (ASO - Free Report) is scheduled to report first-quarter fiscal 2025 results on June 10, before the market opens.
ASO’s earnings beat the Zacks Consensus Estimate in one of the trailing four quarters, missed twice and matched on one occasion, the average surprise being negative 7%. (Find the latest earnings estimates and surprises on Zacks Earnings Calendar.)
Trend in Estimate Revision of ASO
The Zacks Consensus Estimate for the fiscal first-quarter bottom line is pegged at 91 cents, indicating a deterioration of 15.7% from $1.08 reported in the year-ago quarter.
Academy Sports and Outdoors, Inc. Price and EPS Surprise
Academy Sports and Outdoors, Inc. price-eps-surprise | Academy Sports and Outdoors, Inc. Quote
For revenues, the consensus mark is pegged at $1.37 billion. The estimate indicates an increase of 0.4% from the year-ago quarter’s figure.
Let us take a look at how things might have shaped up in the quarter to be reported.
Factors Likely to Shape Academy Sports’ Quarterly Results
Academy Sports’ fiscal first-quarter performance is likely to have benefited from a multi-pronged growth strategy emphasizing new brand partnerships, enhanced store productivity, a sharpened value proposition and digital capability upgrades.
The launch of the Jordan Brand is expected to have enhanced customer engagement and softlines penetration. This, along with expanded Nike assortments and new offerings from Converse and Osprey, is likely to have driven incremental traffic and early momentum in the fiscal first quarter.
On the omnichannel front, investments in RFID technology, handheld devices and same-day delivery options are likely to have improved inventory visibility, fulfilment efficiency and customer experience. These enhancements, coupled with a cleaner spring merchandise transition, might have supported store productivity and conversion in the fiscal first quarter.
While the lower to middle-income customer remained cautious, ASO is likely to have gained traction among higher-income cohorts seeking value. A growing loyalty program, with more than 11 million enrolled members, is expected to have contributed to higher visit frequency and basket size. However, soft consumer spending trends and unfavorable weather in January and February are likely to have weighed on traffic early in the quarter.
Persistent macroeconomic pressures, including freight and tariff headwinds, are likely to have created near-term margin pressure. Additionally, investments tied to new store openings and merchandising efforts for the Jordan Brand are expected to have weighed modestly on profitability in the fiscal first quarter.
What Our Model Says About ASO Stock
Our proven model does not conclusively predict an earnings beat for Academy Sports this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, this is not the case here.
ASO’s Earnings ESP: Academy Sports has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
ASO’s Zacks Rank: Academy Sports currently has a Zacks Rank #4 (Sell).
Stocks With the Favorable Combination
Here are some stocks from the Zacks Consumer-Discretionary sector that investors may consider, as our model shows that these have the right combination of elements to post an earnings beat.
Carnival Corporation & plc (CCL - Free Report) has an Earnings ESP of +8.42% and a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
In the to-be-reported quarter, Carnival’s earnings are expected to increase 109.1% year over year. It reported better-than-expected earnings in each of the trailing four quarters, with an average surprise of 458.4%.
Boyd Gaming Corporation (BYD - Free Report) currently has an Earnings ESP of +3.39% and a Zacks Rank of 3.
In the to-be-reported quarter, Boyd Gaming’s earnings are expected to increase 2.5% year over year. Boyd Gaming’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8%.
Hasbro, Inc. (HAS - Free Report) has an Earnings ESP of +6.30% and a Zacks Rank of 3 at present.
Hasbro reported better-than-expected earnings in each of the trailing four quarters, the average surprise being 41.7%. The company’s earnings for the to-be-reported quarter are expected to decrease 36.9% year over year.