Academy Sports and Outdoors falls after quarterly results miss

Academy Sports and Outdoors

02/09/2025 14:01

** Shares of sporting goods retailer Academy Sports and Outdoors ASO.O fall about 5% to $50.60 premarket

** Co misses second-quarter profit and sales estimates

** Posts Q2 earnings per share of $1.94, missing analysts' estimates of $2.16 - data compiled by LSEG

** Reports quarterly revenue of $1.60 bln vs. estimates of $1.61 bln

** "We believe we now have additional visibility into tariff impacts and are well positioned to mitigate them," CEO Carl Ford says

** Co also maintains high end of annual forecast range; raises low end

** Up to last close, ASO stock down about 7% YTD

 (Reporting by Anshi Sancheti)

 ((Anshi.Sancheti@thomsonreuters.com))