Academy Sports Delivers 22% EPS Growth, $1.44B Q1 Revenue and 17% eCommerce Surge
ASO•Academy Sports and Outdoors delivered Q1 adjusted EPS of $0.93, beating estimates by $0.02 and rising 22.4% year-over-year on $1.44 billion in revenue, up 6.7% and exceeding forecasts by $10 million. Same-store sales climbed 2.9%, eCommerce surged 17.4%, and two new stores opened in Ohio and Oklahoma.
1. Q1 Financial Results
Academy Sports and Outdoors reported adjusted EPS of $0.93 for the first quarter, up 22.4% year-over-year and $0.02 above consensus. Revenue reached $1.44 billion, a 6.7% increase from last year and $10 million ahead of estimates, reflecting strengthened top-line performance.
2. Sales and Ecommerce Performance
Same-store sales rose 2.9%, marking a return to positive comparable growth across core merchandise divisions. Online sales jumped 17.4%, driven by improved digital marketing initiatives and enhanced website functionality that boosted conversion rates.
3. Store Expansion and Market Reach
During the quarter, the company opened two new retail locations in Ohio and Oklahoma, contributing incremental sales and extending its footprint in key Midwestern markets. Management highlighted continued site scouting for additional openings in underserved regions.
4. Valuation and Financial Health
The stock trades at a price-to-earnings ratio of 8.79, suggesting potential undervaluation relative to peers. A debt-to-equity ratio of 0.69 underscores a conservative capital structure and provides flexibility for further expansion or shareholder returns.
