Academy Sports meets Q1 revenue estimates on higher traffic and ticket, raises FY outlook

Academy Sports and Outdoors

09/06/2026 13:12

Overview
US sporting goods retailer's Q1 revenue rose 6.7%, meeting analyst expectations
Adjusted EPS for Q1 increased 22.4% and beat analyst expectations
Company raised low end of full-year guidance after Q1 performance

Outlook
Academy raises low end of fiscal 2026 net sales guidance to $6.23 bln
Company expects fiscal 2026 adjusted EPS between $6.40 and $6.80
Academy anticipates consumer spending to remain pressured by inflation in 2026

Result Drivers
HIGHER TRAFFIC AND TICKET - Q1 sales growth driven by increased store traffic and higher average ticket, per CEO Steve Lawrence
eCOMMERCE GROWTH - eCommerce sales rose 17.4% in Q1

Company press release: ID:nGNX3nMrLD

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Meet
$1.44 bln
$1.44 bln (16 Analysts)
Q1 Adjusted EPS
Beat
$0.93
$0.91 (17 Analysts)

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(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.)