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Stock impact report

Academy Sports and Outdoors to Report Q3 Earnings: What's in Store? [Yahoo! Finance]

Academy Sports and Outdoors, Inc. (ASO) 
Company Research Source: Yahoo! Finance
The Zacks Consensus Estimate for earnings is pegged at $1.31 per share, indicating a decline of 5.1% from $1.38 a year ago. The consensus mark for revenues is pegged at $1.37 billion, implying a decrease of 1.7% from the year-ago figure. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Academy Sports' performance in third-quarter 2024 is likely to have been hurt by a challenging macroeconomic environment which has been impacting its customer base. A decline in discretionary spending by middle and low-income consumers is likely to have hurt the company. Dismal comps are also likely to have hurt the company's top line. The Zacks Consensus Estimate for comps indicates a decline of 3.6%. The consensus estimate for Apparel, Outdoors, Footwear and Sports and Recreational revenues is pegged at $374.7 million, $424 million, $316.6 million and $253.5 million, up 0.2%, down 3.8%, 2.5% and 5.1%, respectively, year over year. However, product innovation and expa Show less Read more
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