Academy Sports and Outdoors, Inc. (ASO)
Academy Sports and Outdoors, Inc. (ASO) Q4 2024 Earnings Call Transcript
Academy Sports and Outdoors, Inc. (NASDAQ:ASO ) Q4 2024 Earnings Conference Call March 20, 2025 10:00 AM ET Company Participants Dan Aldridge - Vice President, Investor Relations Steve Lawrence - Chief Executive Officer Carl Ford - Chief Financial Officer Conference Call Participants Anthony Chukumba - Loop Capital Christopher Horvers - JPMorgan Brian Nagel - Oppenheimer Kate McShane - Goldman Sachs Greg Melich - Evercore Michael Lasser - UBS Simeon Gutman - Morgan Stanley Operator Good morning, and welcome to the Academy Sports and Outdoors Fourth Quarter Fiscal 2024 Results Conference Call. The call is being recorded and all participants are in a listen-only mode.
Academy Sports and Outdoors, Inc. (ASO) Q4 Earnings and Revenues Beat Estimates
Academy Sports and Outdoors, Inc. (ASO) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $2.21 per share a year ago.
ASO Gears Up for Q4 Earnings: What's in Store for the Stock?
Academy Sports and Outdoors' fiscal fourth-quarter 2024 results are likely to indicate dismal comparable sales performance.
Academy Sports Rewards Investors With 18% Dividend Hike
ASO stock is set to benefit from rewarding shareholders by hiking quarterly dividend payments. Know more about the recent hike.
Academy Sports and Outdoors: A Value Play Ready To Regain Momentum
Academy Sports and Outdoors is expanding aggressively, planning to open 160-180 new stores over five years, leveraging favorable demographics in high-growth markets. Despite 11 quarters of negative same-store sales, ASO has consistently generated positive free cash flow, highlighting operational efficiency. TTM FCF yield is 11%. For fiscal year 2025, I expect ASO to deliver same-store sales growth in the low-single digits. This coupled with new store openings should push the overall sales growth to mid-single digits.
Academy Sports and Outdoors: An Undervalued Small Cap With A Moat
Academy Sports and Outdoors is a small-cap retailer with a wide economic moat and excellent value offering to customers. The company operates 290 stores across 18 states, offering a broad range of sports and outdoor products which outpaces the comparative offerings of rivals. Despite a tough Q3, Academy maintains strong financials with impressive margins, robust cash flow, and a conservative balance sheet.
Academy Sports' quarter-to-date trends improving, says Goldman Sachs
Goldman Sachs keeps a Buy rating and $66 price target on Academy Sports (ASO) after hosting a non-deal roadshow with its CEO and CFO earlier today. The firm's takeaways from the meeting include indication that quarter-to-date trends have improved with a strong Black Friday event, and Goldman Sachs believes that FY25 should see a stabilizing consumer and the rollout of an expanded Nike (NKE) Assortment, further adding that certain headwinds that impacted FY24 should be neutral, the analyst tells investors in a research note. Academy Sports +1.05 (+1.91%) Nike +0.775 (+1.00%)
Returns From This Trio Were Lackluster in 2024. But These 3 Undervalued Stocks Are Among My Highest-Conviction Ideas for 2025
With just three weeks left in the year (as of this writing), the S&P 500 is up nearly 27% in 2024. To illustrate how great this gain is, if someone invested $10,000 and gained 27% annually, they'd have over $100,000 in just 10 years.
Academy Sports & Outdoors: I Sold After Understanding The Dual Narrative (Rating Downgrade)
Academy Sports & Outdoors faces challenges with profitability and sales growth, despite boasting industry-leading metrics and expansion potential. Q3 2024 earnings show declines in net sales, net income, and EPS, with a negative trend persisting year-to-date. The company has improved its balance sheet, reduced leverage, and initiated significant share repurchase programs, indicating financial stability.
Academy Sports and Outdoors: Rating Upgrade On Positive SSSG Outlook
I upgraded my rating for Academy Sports and Outdoors from hold to buy, citing improving same-store sales growth and a major growth driver in FY25. Despite weak recent quarterly performance, I believe ASO's SSSG is showing an improving trend. The current valuation of ASO appears attractive, and I estimated a potential upside of 13%.
ASO Q3 Earnings & Revenues Miss Estimates, FY24 Guidance Down
Academy Sports and Outdoors' third-quarter fiscal 2024 results are hurt by challenges in October, which proves to be a tough month for the company.
Academy Sports and Outdoors, Inc. (ASO) Q3 2024 Earnings Call Transcript
Academy Sports and Outdoors, Inc. (NASDAQ:ASO ) Q3 2024 Earnings Conference Call December 10, 2024 10:00 AM ET Company Participants Brad Morris - Director, Strategic Initiatives Steve Lawrence - Chief Executive Officer Carl Ford - Chief Financial Officer Conference Call Participants Emily Ghosh - Goldman Sachs Robby Ohmes - Bank of America Michael Lasser - UBS Anthony Chukumba - Loop Capital Markets Simeon Gutman - Morgan Stanley Anna Glaessgen - B. Riley Operator Good morning, and welcome to Academy Sports and Outdoors Third Quarter Fiscal 2024 Results Conference Call.
