NASDAQ$ASO

Academy Sports and Outdoors Inc. · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Academy Sports and Outdoors reported Q1 2026 net sales of $1.44 billion with 6.7% growth and raised full-year guidance.

Academy Sports and Outdoors delivered Q1 2026 net sales of $1.442 billion, up 6.7% year-over-year, with comparable sales growth of 2.9% and eCommerce sales up 17.4%. GAAP diluted EPS rose 17.6% to $0.80 while adjusted EPS increased 22.4% to $0.93. The company opened two new stores, ended the quarter with 324 locations, and raised the low end of its fiscal 2026 guidance based on strong performance.

  • Net sales grew 6.7% to $1.442 billion driven by traffic and ticket gains, with comparable sales up 2.9%.
  • GAAP diluted EPS increased 17.6% to $0.80 and adjusted EPS rose 22.4% to $0.93.
  • eCommerce sales rose 17.4% and two new stores were opened, bringing the total to 324 locations.
  • Full-year 2026 guidance was raised, with net sales now expected between $6.230 billion and $6.355 billion.

Headline financials

Total Revenue

$1.44B

Previous: $1.35B+6.7%
EPS (adj)

$0.93

Previous: $0.68+36.8%
New stores opened

2

No prior period
Ending stores

324

No prior period
eCommerce sales growth

17.4%

No prior period
Comparable sales growth

2.9%

No prior period
Capital Expenditures

-$38.9M

Previous: -$50.8M+23.5%
Free Cash Flow

$122M

Previous: -$4.75M+2664.3%
Net Income

$52.7M

Previous: $46.1M+14.4%
Operating Income

$74.7M

Previous: $69.3M+7.8%
Gross Profit

$479M

Previous: $459M+4.5%
Cash & Equivalents

$338M

Previous: $285M+18.5%
Total Assets

$5.5B

Previous: $5.18B+6.2%

Revenue & EPS history

Academy Sports · Revenue · Quarterly

$1.44B

Q1 2026+6.7%vs Q1 2025
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

Fiscal 2026 guidance was raised after strong Q1 results, with net sales now expected to grow 3.0% to 5.0%.

Tailwinds

  • Low end of net sales guidance raised to $6.230 billion
  • GAAP EPS guidance midpoint increased
  • Adjusted EPS guidance midpoint increased to $6.60

Headwinds

  • Consumer expected to remain under pressure for the rest of 2026
  • Inflationary pressures to continue impacting spending

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+3.2%

Avg return

Earnings day

+5.2%

Avg return

5 days after

+6.8%

Avg return

30 days after

62%

16 / 26 earnings

Positive

+15.1%

Q2 2022

Best reaction

-10.0%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.4%-1.3%
Q4 2025-0.7%-8.0%+2.6%
Q3 2025+8.6%+13.6%+16.5%
Q2 2025-7.7%-5.0%-1.1%
Q1 2025-3.8%-5.8%+16.2%
Q4 2024-0.3%+5.2%-20.4%
Q3 2024+8.2%+7.7%+16.8%
Q2 2024+3.9%+12.1%+0.9%
Q1 2024-1.0%-3.1%+1.4%
Q4 2023-10.0%-8.1%-19.8%
Q3 2023+9.2%+8.1%+30.6%
Q2 2023+7.5%+5.1%-5.3%
Q1 2023+5.9%+3.9%+10.3%
Q4 2022+5.7%+7.9%+12.0%
Q3 2022+14.7%+12.4%+6.7%
Q2 2022+15.1%+20.8%+6.3%
Q1 2022+7.5%+3.0%+6.0%
Q4 2021+8.2%+7.2%+7.2%
Q3 2021-1.6%-1.5%-5.9%
Q2 2021+5.4%+4.4%-6.3%
Q1 2021+5.6%+10.4%+4.2%
Q4 2019-6.7%+3.7%+8.6%
Q1 2019-6.7%+3.7%+8.6%
Q4 2020+11.2%+19.7%+26.9%
Q2 2020+4.3%+9.8%+23.3%
Q3 2020+4.3%+9.8%+23.3%
Q3 2019
Q2 2019

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