Added to YB: 2026-09-14
Pitch date: 2026-09-10
ASO [bullish]
Academy Sports and Outdoors, Inc.
Author Info
Company Info
Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States.
Market Cap
$3.1B
Pitch Price
N/A
Price Target
97.00
Dividend
1.17%
EV/EBITDA
5.02
P/E
8.58
EV/Sales
0.78
Sector
Specialty Retail
Category
value
Revisiting Academy Sports + Outdoors ($ASO): the thesis remains intact, but the setup has changed
ASO: Academy Sports + Outdoors’ thesis remains intact at $51.17, or 7.7x normalized FY26 EPS, with a conservative DCF of $72 and a $76 FY28 base-case value. Q2 sales rose 3%, first-half comps turned positive, and sales and comp guidance held while EPS guidance rose mainly on a lower share count. Store expansion remains the main structural growth driver. DICK’S warning, driven by Foot Locker, supports the view that weakness is concentrated rather than industrywide. Risks include negative transactions, weak lower-income traffic, promotional margins and expansion execution.
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