Academy Sports and Outdoors, Inc. (ASO) Earnings Call Transcripts

Academy Sports and Outdoors, Inc.'s Latest Earnings Call - Q1 FY2027

In the first quarter of fiscal 2026, Academy Sports and Outdoors, Inc. reported revenue of $1.44 billion, a 6.7% increase year-over-year, and a comparable sales increase of 2.9%. The company raised its annual sales guidance to a growth range of 3% to 5%, reflecting a positive start to the year despite ongoing inflationary pressures. Earnings per share reached $0.80, up 17.6%, with adjusted EPS at $0.93, an increase of 22.4%. Management signaled optimism for continued growth driven by strategic initiatives and a strong balance sheet.

Reported metrics

Guidance from management

Management raised its annual sales guidance to a range of $6.23 billion to $6.35 billion, reflecting a growth of 3% to 5%. They maintained gross margin guidance of 34.5% to 35.0% for the year.

What management said

You asked about what surprised us from our April 7 Analyst Day. I would say this quarter generally came in as expected. We were at the high side of the guidance that we gave from a top line perspective. We had indicated that we knew that there would be gross margin pressure associated with anniversary-ing last year's Q1 that didn't have that IIFA-tariff burden in it. And from an expense management standpoint, we knew...

Yes. I'll give you the same answer I give every time I'd ask this question. If and when we're ready to announce something, you guys aren't going to have to ask us, we'll tell you nothing new to announce at this moment in time.

What analysts pressed on

Analysts expressed concerns about the impact of high gas prices on consumer spending, particularly among lower-income households. There was also discussion about the sustainability of the recent sales momentum and how it might be affected by macroeconomic conditions.

Main topics on the call

• Revenue Growth — Academy reported total sales of $1.44 billion, up 6.7%, with comparable sales increasing by 2.9%. Management noted that both metrics were on the high side of their prior guidance range, indicating strong performance. "We...
• E-commerce Strength — The e-commerce segment saw a robust 17% growth, contributing significantly to overall sales. This growth was attributed to ongoing enhancements in online capabilities and expanded same-day delivery options. "We expect e-...
• Gross Margin Pressure — Gross margin for Q1 was reported at 33.2%, down 71 basis points year-over-year, primarily due to tariff impacts. Management expects the pressure to subside as the year progresses, with the first quarter being the largest...
• Store Expansion Strategy — Academy opened two new stores in Q1 and plans to open three more in Q2, with a total of 15 to 20 expected in the back half of the year. This expansion is part of their strategy to grow in underserved midsized markets. "N...

Read the full Academy Sports and Outdoors, Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 30 Academy Sports and Outdoors, Inc. earnings call transcripts on record, spanning December 10, 2020 to June 9, 2026. Based on this history, Academy Sports and Outdoors, Inc. reports quarterly. The most recent call on file is dated June 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ASO

Exchange

NasdaqGS

Country

US

Sector

Consumer Discretionary

Industry

Specialty Retail

Calls on record

30

First call

December 10, 2020

Most recent

June 9, 2026

Reporting cadence

quarterly