Shares of Academy Sports and Outdoors, Inc. (ASO) are falling about 7 percent on Tuesday morning trading despite the company reporting revenue and earnings growth in the fourth quarter.
The company's stock is currently trading at $52.01, down 7.96 percent or $4.51, over the previous close of $56.51 on the Nasdaq. It has traded between $33.34 and $62.44 in the past one year.
For the quarter, earnings totaled $133.68 million, or $1.98 per share, compared with $133.63 million, or $1.89 per share, last year. Revenue rose to $1.718 billion from $1.676 billion in the prior year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.