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Academy Sports and Outdoors (NAS:ASO) Gross Margin %

: 35.33% (As of Jul. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. Academy Sports and Outdoors's Gross Profit for the three months ended in Jul. 2022 was $596 Mil. Academy Sports and Outdoors's Revenue for the three months ended in Jul. 2022 was $1,687 Mil. Therefore, Academy Sports and Outdoors's Gross Margin % for the quarter that ended in Jul. 2022 was 35.33%.


The historical rank and industry rank for Academy Sports and Outdoors's Gross Margin % or its related term are showing as below:

ASO' s Gross Margin % Range Over the Past 10 Years
Min: 28.59   Med: 29.63   Max: 34.71
Current: 34.51


During the past 5 years, the highest Gross Margin % of Academy Sports and Outdoors was 34.71%. The lowest was 28.59%. And the median was 29.63%.

ASO's Gross Margin % is ranked worse than
55.55% of 1100 companies
in the Retail - Cyclical industry
Industry Median: 36.80 vs ASO: 34.51

Academy Sports and Outdoors had a gross margin of 35.33% for the quarter that ended in Jul. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Academy Sports and Outdoors was 0.00% per year.


Academy Sports and Outdoors (NAS:ASO) Gross Margin % Historical Data

The historical data trend for Academy Sports and Outdoors's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Academy Sports and Outdoors Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22
Gross Margin % 28.93 28.59 29.63 30.48 34.71

Academy Sports and Outdoors Quarterly Data
Jan18 Jan19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.86 35.21 32.30 35.53 35.33

Academy Sports and Outdoors (NAS:ASO) Gross Margin % Competitive Comparison

For the Specialty Retail subindustry, Academy Sports and Outdoors's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Academy Sports and Outdoors (NAS:ASO) Gross Margin % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Academy Sports and Outdoors's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Academy Sports and Outdoors's Gross Margin % falls into.



Academy Sports and Outdoors Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Academy Sports and Outdoors's Gross Margin for the fiscal year that ended in Jan. 2022 is calculated as

Gross Margin % (A: Jan. 2022 )=Gross Profit (A: Jan. 2022 ) / Revenue (A: Jan. 2022 )
=2351.1 / 6773.128
=(Revenue - Cost of Goods Sold) / Revenue
=(6773.128 - 4422.033) / 6773.128
=34.71 %

Academy Sports and Outdoors's Gross Margin for the quarter that ended in Jul. 2022 is calculated as


Gross Margin % (Q: Jul. 2022 )=Gross Profit (Q: Jul. 2022 ) / Revenue (Q: Jul. 2022 )
=596.1 / 1686.915
=(Revenue - Cost of Goods Sold) / Revenue
=(1686.915 - 1090.852) / 1686.915
=35.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Academy Sports and Outdoors  (NAS:ASO) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Academy Sports and Outdoors had a gross margin of 35.33% for the quarter that ended in Jul. 2022 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Academy Sports and Outdoors Gross Margin % Related Terms

Thank you for viewing the detailed overview of Academy Sports and Outdoors's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Academy Sports and Outdoors (NAS:ASO) Business Description

Academy Sports and Outdoors logo
Traded in Other Exchanges
N/A
Address
1800 North Mason Road, Katy, TX, USA, 77449
Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The company offers outdoor clothing, backpacks, sunglasses, luggage items, shooting equipment, fishing equipment, boating and water sports equipment, backyard recreation products, outdoor cooking equipment, fitness equipment, electronic items, dog supplies, and other products.
Executives
Turner Christopher Lee director 1441 GARDINER LANE LOUISVILLE KY 40213
Turney Sharen J director THREE LIMITED PARKWAY COLUMBUS OH 43230
Raff Beryl director 5555 DARROW RD HUDSON OH 44236
Nealon Thomas M director 6501 LEGACY DRIVE PLANO TX 75024
Harriman Sherry L. officer: SVP, Logistics & Supply Chain C/O ACADEMY SPORTS AND OUTDOORS, INC. 1800 N MASON ROAD KATY TX 77449
Beck Wendy A. director C/O NORWEGIAN CRUISE LINE HOLDINGS LTD. 7665 CORPORATE CENTER DRIVE MIAMI FL 33126
Allstar Llc 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Kkr 2006 Allstar Blocker L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Kkr 2006 Fund (allstar) L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Davis Heather A. officer: VP, Controller C/O ACADEMY SPORTS AND OUTDOORS, INC. 1800 NORTH MASON ROAD KATY TX 77449
Allstar Co-invest Gp Llc 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Tweedy Jeffrey C. director C/O ACADEMY SPORTS AND OUTDOORS, INC. 1800 NORTH MASON ROAD KATY TX 77449
Allstar Co-invest Blocker L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Ennis William S. officer: See Remarks C/O ACADEMY SPORTS AND OUTDOORS, INC. 1800 NORTH MASON ROAD KATY TX 77449
Patel Vishal director C/O US FOODS HOLDING CORP. 9399 W. HIGGINS RD. ROSEMONT IL 60018

Academy Sports and Outdoors (NAS:ASO) Headlines

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