ASO · NASDAQ · Specialty Retail

Academy Sports + Outdoors (ASO)

Value-oriented sporting goods and outdoor recreation retailer spanning stores, private labels, and e-commerce.

$50.03
vs last close+1.54 (+3.17%)
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Academy Sports and Outdoors, Inc.ASO
Consumer Discretionary

Sells outdoor, sports and recreation, apparel, and footwear merchandise through U.S. big-box stores and academy.com, combining national and private-label brands. A southern-heavy network, localized assortments, and store-linked fulfillment make physical retail the core of its single segment.

Sells sporting goods and outdoor recreation merchandise across four divisions: Outdoors, Sports and Recreation, Apparel, and Footwear. Stores and academy.com carry national brands alongside private labels such as Magellan Outdoors, BCG, and Game Winner, with assortments localized by market and spanning multiple price points. Online orders connect to store pickup and fulfillment through the broader retail network.

Operates a single U.S. retail segment concentrated in the South and expanding into adjacent and newer markets. Leased big-box stores facilitate most sales, while three distribution centers support store replenishment and e-commerce fulfillment. Results depend on U.S. discretionary spending, internationally manufactured merchandise, vendor supply, inventory control, and compliance rules governing firearms and other regulated products.

Company facts

CEOSteven Paul Lawrence
ListedOct 2, 2020
ExchangeNASDAQ
HeadquartersKaty, TX
CountryUnited States
Employees23,000
CIK0001817358
ISINUS00402L1070

Market cap$3.01B
EPS (ttm)$6.00
P/E (ttm)8.08
ROE18.4%
P/B1.38
P/S0.4857
Dividend yieldDiv yield1.20%
Beta0.92vs XLY 0.77

Price target$55.00+13.4%Average of 22 analysts
ConsensusBuy11 of 22 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 10, 2026Telsey AdvisoryReiterate
Rating: Target: $60
Rating: OutperformTarget: $63
Sep 10, 2026BMO CapitalTarget
Target: $42
Target: $47
Sep 10, 2026BarclaysReiterate
Rating: Target: $50
Rating: Equal WeightTarget: $53
Sep 10, 2026Wells FargoUpgrade
Rating: Negative
Rating: Buy
Sep 9, 2026Wells FargoTarget
Target: $50
Target: $55

Next report
Dec 8, 26
in 77 days
EPS estimate
$1.29
Revenue estimate
$1.44B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26Dec '26
Reported$1.96$0.76$1.94$1.14$1.97$0.93$2.31Pending
Estimate$1.82$0.87$2.12$1.06$2.03$0.91$2.07$1.29
Surprise+7.7%−12.2%−8.5%+7.5%−3.0%+2.0%+11.6%

RevenueReportedEstimate

Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26Dec '26
Reported$1.68B$1.35B$1.60B$1.38B$1.72B$1.44B$1.65BPending
Estimate$1.41B$1.37B$1.40B$1.40B$1.76B$1.44B$1.65B$1.44B
Surprise+19.3%−1.2%+13.9%−1.3%−2.1%+0.3%−0.1%
Estimate$1.29
ReportedDue Dec 8, 2026
Estimate$1.44B
ReportedDue Dec 8, 2026
View details

Debt to equity90.40%
Current ratio174.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.34B$1.68B$1.35B$1.60B$1.38B$1.72B$1.44B$1.65B
Net income$65.8M$133.6M$46.1M$125.4M$71.6M$133.7M$52.7M$137.9M
Net margin4.9%8.0%3.4%7.8%5.2%7.8%3.7%8.4%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$91.5M$154.7M$69.3M$172.4M$100.4M$170.1M$74.7M$246.4M
YoY growth−33.1%−24.2%−32.3%−9.3%+9.7%+10.0%+7.8%+42.9%

Balance sheet, Aug 1, 2026Cash & short-term investments $298.2M · Total debt $1.97B · Total assets $5.51B · Shareholders' equity $2.18B

Revenue
$1.65B
Operating income
$246.4M
Net income
$137.9M
View details

Dividend yield
1.20%
Next ex-date
Dec 16, 26
estimated · in 85 days
Annual dividend
$0.58
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.11$0.13$0.13$0.13$0.13$0.15$0.15$0.15
Annual yield0.79%0.92%1.09%1.04%0.95%1.04%1.08%1.15%
Ex-dateDec 18Mar 25Jun 18Sep 11Dec 18Mar 20Jun 18Sep 16
Payment dateJan 15Apr 17Jul 17Oct 9Jan 15Apr 10Jul 16Oct 14
View details

Institutions120.12%73.97M shares
378 holders · as of Jun 30, 2026
Insiders1.38%847.6K shares
13 holders · as of Sep 16, 2026
Adds to121.50%

61.58M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 121.50%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
16.13%9.93Mas of Jun 30, 2026
FMR LLCInstitution
15.08%9.29Mas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
6.64%4.09Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
6.21%3.82Mas of Jun 30, 2026
LSV Asset ManagementInstitution
5.20%3.20Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 15, 2026Samuel J. Johnsonofficer: President−70,303$51.79
Sep 14, 2026Samuel J. Johnsonofficer: President−25,580$53.95
Sep 15, 2026Brian T. Marleydirector−10,432$53.25
Jul 16, 2026Jeffrey C. Tweedydirector−1,200$48.00
Apr 16, 2026Jeffrey C. Tweedydirector−4,000$60.00
View details

  • DICK'S Sporting Goods

    Full-line sporting goods, golf, outdoor, and sneaker retail overlap

  • Walmart

    Mass-retail price pressure across sporting goods and family apparel

  • Amazon

    Online selection and fast delivery pressure sporting-goods demand

  • Sportsman's Warehouse

    Outdoor specialty overlap in hunting, fishing, camping, and shooting

  • JD.com (ADR)

    Sports-fashion overlap through Hibbett, City Gear, footwear, and apparel

  • Target

    Mass-retail overlap in hardlines, apparel, and family recreation

  • Tractor Supply

    Rural lifestyle overlap in workwear, boots, and seasonal recreation

Compare

CompanyPriceChange
Academy Sports + Outdoors$50.03+3.17%$3.01B8.17.40.5+3.0%
DICK'S Sporting Goods$133.52+8.00%$10.56B13.311.10.5+53.2%
Walmart$109.69+2.09%$855.02B38.836.61.2+5.9%
Amazon$254.12−1.68%$2.78T20.827.23.6+19.6%
Sportsman's Warehouse$1.22−0.41%$47.6M0.0+0.6%
JD.com (ADR)$27.39+0.38%$38.30B18.08.60.2+2.5%
Target$159.11+0.89%$71.63B16.417.20.7+5.3%
Tractor Supply$33.06+2.24%$16.96B16.816.81.1+2.3%
Median17.417.00.7+5.3%