ASO expected to report decline in Q4 earnings and revenues, impacted by economic challenges

From Nasdaq: 2025-03-17 15:00:00

Academy Sports and Outdoors, Inc. (ASO) is set to release its fourth-quarter fiscal 2024 results, with earnings estimated to decline by 17.7% to $1.82 per share. Revenues are expected to decrease by 7.1% to $1.67 billion compared to the previous year.

Factors impacting ASO’s performance include a challenging economic environment affecting consumer spending, leading to a decline in sales. Despite this, the company has implemented strategies like credit card and Buy Now, Pay Later options to drive sales. Product innovation and digital enhancements have also supported growth.

Zacks’ model does not predict an earnings beat for ASO, with an Earnings ESP of 0.00% and a Zacks Rank #4 (Sell). For potential earnings beats, consider stocks like Five Below (FIVE) and Chewy (CHWY) with positive Earnings ESP and Zacks Rank of 3 and 2, respectively. Post Holdings (POST) is also worth watching despite an expected decrease in earnings.



Read more at Nasdaq: ASO Gears Up for Q4 Earnings: What’s in Store for the Stock?