While reporting financial results for the fourth quarter on Tuesday, sporting goods retailer Academy Sports and Outdoors, Inc. (ASO) initiated its earnings, adjusted earnings, net sales and comparable sales guidance range for the full-year 2026.
For fiscal 2026, the company now projects earnings in a range of $5.65 to $6.15 per share and adjusted earnings in a range of $6.10 to $6.60 per share on net sales between $6.175 billion and $6.355 billion, with comparable sales between a decline of 1.0 and a growth of 2 percent.
In fiscal 2026, the Company plans to open 20 to 25 new stores.
Two weeks ago, Academy's Board of Directors declared a 15 percent higher quarterly cash dividend of $0.15 per share of common stock, payable on April 10, 2026 to stockholders of record as of the close of business on March 20, 2026.
In Tuesday's pre-market trading, ASO is trading on the Nasdaq at $54.01, down $2.50 or 4.42 percent.
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