Q1 2026 Academy Sports and Outdoors Inc Earnings Call Transcript
Key Points
- Academy Sports and Outdoors Inc (ASO) reported a 6.7% increase in total sales for Q1 2026, reaching $1.44 billion, with a 2.9% increase in comparable sales.
- The company's eCommerce segment showed strong performance with a 17% growth, indicating robust online sales momentum.
- The outdoor category was the best performer, with a 12% increase driven by strength in fishing and shooting sports, and the firearms business gained market share for eight consecutive quarters.
- Academy Sports and Outdoors Inc (ASO) is expanding its store footprint, with plans to open 15 to 20 new stores in the back half of the year, focusing on underserved midsized markets.
- The company is enhancing its loyalty program with the relaunch of the myAcademy Rewards program, which is expected to drive increased customer engagement and sales.
- Gross margin for Q1 2026 declined by 71 basis points year-over-year, primarily due to tariff impacts.
- High gas prices and inflationary pressures are expected to continue affecting consumer discretionary spending throughout the year.
- The company experienced a slight decline in units per transaction, attributed to increased average unit retail (AUR).
- Despite positive sales growth, the consumer environment remains pressured, particularly for lower-income households, which could impact future sales.
- The tariff impact is expected to persist, although it is anticipated to moderate in the latter half of 2026.
Good morning, and welcome to the Academy Sports and Outdoors first-quarter 2026 earnings conference call. This call is being recorded. (Operator Instructions) I will now turn the call over to your host, Dan Aldridge, Vice President, Investor Relations for Academy Sports and Outdoors.
Good morning, everyone, and thank you for joining the Academy Sports and Outdoors first-quarter fiscal 2026 financial results call. Participating on today's call are Steve Lawrence, Chief Executive Officer; and Carl Ford, Chief Financial Officer.
As a reminder, today's earnings release and the comments made by management during this call include forward-looking statements. These statements are subject to risks and uncertainties that could cause our actual results to differ materially from our expectations and projections.
These risks and uncertainties include, but are not limited to, the factors identified in today's earnings release and in our most recent Form 10-K and Form 10-Q
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
