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Academy Sports and Outdoors, Inc. reported first-quarter results that narrowly exceeded Wall Street expectations on the bottom line while revenue met analyst forecasts. The sporting goods and outdoor recreational retailer posted adjusted earnings of $0.93 per share for Q1 2026, edging past the $0.92 consensus based on estimates from 16 analysts by 1.1%. Revenue of $1.44B matched the $1.44B consensus and was up 6.7% from $1.35B in Q1 2025. Adjusted net income reached $61.2M for the quarter.
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The company’s comparable sales grew 2.9% for the quarter, reflecting steady consumer demand across its sporting goods and outdoor product categories. Academy Sports operated 22,037,000 total gross square feet at quarter end as it continues to maintain its physical footprint across the United States.
For Full Year 2026, management expects adjusted earnings per share of $6.40 to $6.80, providing investors with a view of anticipated performance for the remainder of the fiscal year. Wall Street sentiment on the stock remains mixed, with analyst consensus standing at 6 buy ratings, 11 hold ratings, and 0 sell ratings.
A detailed analysis of Academy Sports and Outdoors, Inc.’s quarter follows shortly on AlphaStreet.
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