(ASO) – Academy Sports And Outdoors Gaps Up On ‘Record-Breaking’ Revenue

Academy Sports and Outdoors Inc. (NASDAQ: ASO) shares traded higher Tuesday after the company released stellar earnings results. 

For the months of February through April, the company posted an adjusted income of $182.5 million, or adjusted earnings of $1.89, versus the prior year’s adjusted income of $400,000, or adjusted earnings of 1 cent per share.

CEO Ken Hicks said that both the quarter’s sales and profits were “record-breaking.”

Academy Sports and Outdoors gained 4.95% in Tuesday’s session, closing at $39.65. 

Academy Sports And Outdoors Daily Chart Analysis

  • Shares have been steadily climbing the past few months in an upwards
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How Academy Sports and Outdoors (ASO) Stock Stands Out in a Strong Industry

One stock that might be an intriguing choice for investors right now is Academy Sports and Outdoors, Inc. ASO. This is because this security in the Leisure and Recreation Products space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Leisure and Recreation Products space as it currently has a

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Academy Sports and Outdoors’ Momentum to Continue Beyond the Pandemic

– By Panos Mourdoukoutas

Academy Sports and Outdoors Inc. (NASDAQ:ASO) can thrive beyond the pandemic by riding the health and wellness trend, according to Quo Vadis Capital founder and President John Zolidis.

Looking forward, the momentum in the business is definitely more than the sum of the transitory factors,” he said in a note. “It includes secular trends that we believe have duration, including a heightened post-Covid focus on health and wellness, increased interest in the outdoors (hunt/ fish/ camp), and new participation in activities like golf. We see this, together with the strong consumer and a better BTS,

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Pool Corp, Academy Sports and Outdoors, Callaway Golf Co, OneWater Marine and Vista Outdoor

For Immediate Release

Chicago, IL – June 8, 2021 – Today, Zacks Equity Research discusses Leisure and Recreation including Pool Corporation POOL, Academy Sports and Outdoors, Inc. ASO, Callaway Golf Company ELY, OneWater Marine Inc. ONEW and Vista Outdoor Inc. VSTO.

Link: https://www.zacks.com/commentary/1669339/5-top-stocks-to-buy-from-leisure-recreation-products-industry

The Zacks Leisure and Recreation Products industry continues to benefit from strong demand for recreational products and golf business. The industry participants, which design, market, retail, and distribute products for the outdoor and recreation market, are witnessing robust demand. Moreover, golf manufactures and boating suppliers are gaining from the ongoing coronavirus pandemic.

Further, a rise in fitness

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America’s Lifestyle Changes Lifting Academy Sports + Outdoors

After a strong first quarter paced by apparel and footwear sales, Academy Sports + Outdoors Inc. anticipates healthy back-to-school and holiday 2021 seasons, and high, single-digit-comp sales for the entire year.

“Halfway through the first quarter in 2020 when COVID-19 was shutting everything down, apparel and footwear really slowed down, but we gained that back,” Ken Hicks, chairman, president and chief executive officer of Academy, told WWD. “The good news is because we stayed open during the pandemic, we were able to understand what was selling and wasn’t selling so that enabled us to place the [right] orders for the

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Academy Sports and Outdoors Posts Record Quarter

Academy Sports and Outdoors Inc., spurred by consumer spending shifts, government stimulus and its expansive assortment across sports and outdoor categories, turned profitable in the first quarter of 2021 off a sales increase of 39.1 percent and raised its outlook for this year.

The Katy, Texas-based retailer on Tuesday reported net income of $177.8 million for the quarter ended May 1, compared to a loss of $10 million in the year-ago period.

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Diluted earnings per share were $1.84 compared to a loss of $0.14 in the prior year quarter. Pro forma adjusted net income, which excludes the

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