Academy Sports and Outdoors' Q2 adj EPS beats estimates, outlook raised

Academy Sports and Outdoors

09/09/2026 13:13

Overview
US sporting goods retailer's Q2 net sales rose 3%
Adjusted EPS for Q2 beat analyst expectations, rising 19% yr/yr
Company opened three new stores and raised EPS guidance for fiscal 2026

Outlook
Academy affirms fiscal 2026 net sales guidance of $6.23 bln to $6.36 bln
Company raises fiscal 2026 adjusted diluted EPS guidance

Result Drivers
CONSUMER SPENDING PRESSURE - Co said consumer spending remains pressured, particularly among lower-income households
ECOMMERCE GROWTH - eCommerce sales rose 12.8% in the quarter
NEW STORE CONTRIBUTION - Co said new stores delivered mid single-digit positive comparable sales

Company press release: ID:nGNX8qYw5n

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net sales
Meet
$1.65 bln
$1.65 bln (17 Analysts)
Q2 Adjusted EPS
Beat
$2.31
$2.08 (17 Analysts)

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)