Logo

ASO

Academy Sports and Outdoors, Inc.

ASO

Academy Sports and Outdoors, Inc. • NASDAQ
$48.25 ▲ 0.06% (+0.03)
Market Cap $3.21 B
52w High $61.25
52w Low $33.34
Dividend Yield 0.50%
P/E 9.07
Volume 550.81K
Outstanding Shares 66.62M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $1.6B ▲ $404.352M ▲ $125.434M ▲ 7.84% ▲ $1.89 ▲ $204.882M ▲
Q1-2025 $1.351B ▼ $389.604M ▲ $46.084M ▼ 3.41% ▼ $0.69 ▼ $102.222M ▼
Q4-2024 $1.677B ▲ $385.534M ▲ $133.631M ▲ 7.969% ▲ $1.87 ▲ $205.427M ▲
Q3-2024 $1.343B ▼ $365.239M ▼ $65.763M ▼ 4.896% ▼ $0.94 ▼ $127.217M ▼
Q2-2024 $1.549B $368.639M $142.588M 9.205% $1.99 $224.535M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $300.86M ▲ $5.276B ▲ $3.201B ▼ $2.075B ▲
Q1-2025 $285.104M ▼ $5.18B ▲ $3.233B ▲ $1.947B ▼
Q4-2024 $288.929M ▼ $4.901B ▼ $2.897B ▼ $2.004B ▲
Q3-2024 $295.996M ▼ $5.092B ▲ $3.13B ▲ $1.962B ▲
Q2-2024 $324.568M $4.874B $2.922B $1.952B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $125.434M ▲ $78.575M ▼ $-56.911M ▼ $-5.908M ▲ $15.756M ▲ $78.575M ▼
Q1-2025 $46.084M ▼ $157.472M ▲ $-50.988M ▼ $-110.309M ▼ $-3.825M ▲ $106.484M ▲
Q4-2024 $133.631M ▲ $140.17M ▲ $-49.675M ▲ $-97.562M ▼ $-7.067M ▲ $76.255M ▲
Q3-2024 $0 ▼ $96.889M ▲ $-62.707M ▼ $-62.755M ▲ $-28.572M ▲ $34.183M ▼
Q2-2024 $142.588M $91.346M $-41.384M $-103.539M $-53.577M $49.962M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Apparel
Apparel
 $340.00M ▲$500.00M ▲$330.00M ▼$450.00M ▲
Footwear
Footwear
 $290.00M ▲$300.00M ▲$290.00M ▼$320.00M ▲
Outdoors
Outdoors
 $430.00M ▲$540.00M ▲$370.00M ▼$450.00M ▲
Product and Service Other
Product and Service Other
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Sports And Recreation
Sports And Recreation
 $280.00M ▲$330.00M ▲$350.00M ▲$370.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue and profits have eased back from their post‑pandemic peak but remain clearly above where they were before the IPO. The pattern suggests a normalization from an unusually strong demand period rather than a collapse in the business. Profit margins have narrowed a bit but are still healthy for a value‑oriented retailer, indicating decent cost control even in a tougher environment. Overall, the income statement shows a mature, profitable retailer facing slower growth but not a broken model.

Balance Sheet

Balance Sheet The balance sheet has quietly improved over the last few years. Debt is edging down while shareholder equity is building, which points to retained profits strengthening the company’s capital base. Cash levels are steady rather than abundant, but combined with undemanding debt this looks like a manageable and fairly conservative setup. The company appears to have enough financial flexibility to fund its growth plans without being overstretched, though it does not carry a large cash cushion.

Cash Flow

Cash Flow Cash generation from day‑to‑day operations has been consistently positive, even as reported earnings have come off their peak. Free cash flow has remained solid after funding store investments and technology upgrades, which is important for a retailer pursuing expansion. Capital spending has gradually increased, signaling a deliberate shift from harvesting cash in the pandemic years to reinvesting in growth. The cash flow profile looks steady and supportive of both strategic initiatives and balance sheet strength, as long as sales do not weaken sharply.

Competitive Edge

Competitive Edge Academy competes in a crowded space but leans on a clear value proposition, a wide assortment, and a strong regional footprint across the South and Midwest. Its private label brands, service offerings in store, and price‑match promises help differentiate it from both big‑box chains and pure online players. Localized merchandising—tuning each store’s mix to local sports and outdoor preferences—adds another layer of relevance that is harder for national, one‑size‑fits‑all retailers to copy. The moat is not unassailable, but it is built on several reinforcing advantages rather than a single fragile edge.

Innovation and R&D

Innovation and R&D Innovation here is practical rather than flashy: better inventory management through AI tools, modernized supply chain, and a more seamless omnichannel experience with app, web, and in‑store pickup options. The company is using data to fine‑tune assortments and deepen customer insight, while expanding higher‑margin private label brands. A growing loyalty program and same‑day delivery partnerships aim to lock in repeat customers and narrow the gap with more digitally native competitors. The main risk is execution: scaling new stores, digital capabilities, and private labels simultaneously requires disciplined investment and operational focus.

Summary

Overall, Academy looks like a retailer that rode a one‑time pandemic surge and has now settled into a more normal, but still solid, earnings level. The business remains clearly profitable, the balance sheet is healthier than a few years ago, and cash flows are strong enough to support ongoing store growth and technology upgrades. Its competitive edge comes from value pricing, private brands, local tailoring, and service‑rich stores, rather than from being the cheapest or most digital player alone. Key things to watch going forward include how same‑store sales hold up in a weaker consumer environment, whether new stores deliver attractive returns, and how effectively the company grows its e‑commerce and loyalty ecosystems without eroding margins.

NEWS

November 25, 2025 · 8:55 AM UTC

Academy Sports + Outdoors Announces Third Quarter Fiscal 2025 Results Conference Call

Read more

November 18, 2025 · 9:05 AM UTC

Academy Sports + Outdoors Opens Five New Stores in Q4, Taking New Store Total to 24 in Fiscal 2025

Read more

November 6, 2025 · 2:00 PM UTC

Academy Sports + Outdoors Unwraps this Holiday Season's Top Gifts Delivering Legendary Value and Undefeatable Prices

Read more

October 9, 2025 · 10:06 AM UTC

It's Croctober at Academy Sports + Outdoors: Celebrate With Your Favorite Styles During Crocs Week

Read more

October 7, 2025 · 10:06 AM UTC

Academy Sports + Outdoors Celebrates "Brooks Month" with Exclusive Launch of Hero Collection

Read more