 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Academy Sports and Outdoors, Inc. (ASO), through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States.
The company sells coolers and drinkware, camping accessories, camping equipment, sunglasses, backpacks, and sports bags; marine equipment and fishing rods, reels, baits, and equipment; firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, optics, airguns, and hunting equipment; baseball, football, basketball, soccer, golf, racket sports, volleyball, fitness equipment, fitness accessories, and nutrition; and patio equipment, outdoor cooking, wheeled goods, trampolines, play sets, watersports, pet equipment, electronics, and watches. It also offers outdoor apparel, seasonal apparel, denim, work apparel, graphic t-shirts, and accessories; boys and girls outdoor and athletic apparel; sporting apparel, apparel for fitness and exercise, and other accessories; professional and collegiate team licensed apparel and accessories; casual shoes and slippers, work and western boots, youth footwear, socks, and hunting footwear; and running shoes, athletic shoes, sport specific shoes, and training shoes.
The company sells its products under the Academy Sports + Outdoors, Magellan Outdoors, BCG, O'rageous, and Outdoor Gourmet brand names.
As of January 30, 2021, it operated 259 Academy Sports + Outdoors retail locations in 16 states and three distribution centers located in Katy, Texas, Twiggs County, Georgia, and Cookeville, Tennessee. The company also sells merchandise to customers through academy.com website.
Academy Sports and Outdoors reported 1st Quarter April 2021 earnings of $1.89 per share on revenue of $1.6 billion. The consensus earnings estimate was $0.96 per share on revenue of $1.5 billion.
The company said it now expects fiscal year earnings of $4.15 to $4.50 per share. The company's previous guidance was earnings of $2.70 to $2.95 per share and the current consensus earnings estimate is $3.66 per share for the year ending January 31, 2022.
This stock should see an increase in share prices as the company announce its plans to thin out its inventory, making way for a more successful supply chain.
Entry Point: $41.30
Stop Loss: $39.00
Trading Range: $12.05 - $41.98
Target Price: $45.30
Taking profits at $44.60.
