Academy Sports and Outdoors reported a 3.3% increase in sales for the second quarter, with comparable sales up by 0.2%. eCommerce sales saw a significant 17.7% increase, and the company opened three new stores in Florida, Virginia, and West Virginia. The company also raised its low-end guidance for the year.

Year-to-date results showed a 1.3% increase in net sales, with a 1.7% decrease in comparable sales. The company’s adjusted net income for the quarter was $131.3 million, down 11.6% from the previous year. Diluted GAAP EPS for the quarter was $1.85.

Academy plans to open a total of 20 to 25 new stores in fiscal 2025, with a current total of 306 locations across 21 states. The company’s inventory per store was up 4.5% in units and 8.2% in dollars as of August 2, 2025.

To mitigate the impact of tariffs, Academy is partnering with factories and vendors to absorb costs, adjusting unit buys, and optimizing pricing strategies. The company believes these actions will help maintain a strong value proposition for customers.

Academy revised its fiscal 2025 guidance, narrowing the low end of the sales guidance from -4.0% to -3.0%. The updated sales guidance range is now -3.0% to positive 1.0%. The company expects the tax rate for the year to be 23.5%.

Adjusted EBITDA for the quarter was $212.5 million, while adjusted net income was $131.3 million. Adjusted free cash flow for the quarter was $21.7 million. The company will host a conference call to discuss its financial results and related matters.

Read more at GlobeNewswire: Academy Sports + Outdoors Reports Second Quarter Fiscal