Academy Sports and Outdoors, Inc. (NASDAQ: ASO) Earnings Report Highlights

• Earnings per Share (EPS) of $0.76, missing the expected $0.91.

• Revenue reached approximately $1.35 billion, slightly below the forecast of $1.37 billion.

• eCommerce sales saw a significant increase of 10.2%, indicating a shift towards online shopping.

Academy Sports and Outdoors, Inc. (NASDAQ: ASO) is a prominent retailer specializing in sporting goods and outdoor recreational products. The company operates numerous stores across the United States, offering a wide range of products from sports equipment to outdoor gear. ASO competes with other major retailers like Dick's Sporting Goods and Bass Pro Shops.

On June 10, 2025, ASO reported earnings per share (EPS) of $0.76, which was below the expected $0.91. This shortfall in earnings reflects a challenging quarter for the company. Despite this, ASO's revenue of approximately $1.35 billion was only slightly below the estimated $1.37 billion, indicating a relatively stable revenue stream.

The company's first-quarter results showed a slight sales decline of 0.9%, with comparable sales dropping by 3.7%. However, eCommerce sales increased by 10.2%, highlighting a shift towards online shopping. ASO also opened five new stores, contributing positively to sales in low single digits, which may help offset the decline in comparable sales.

ASO's financial metrics reveal a mixed picture. The company has a price-to-earnings (P/E) ratio of 7.45, suggesting a low valuation compared to its earnings. Its price-to-sales ratio of 0.51 indicates that the market values the company at just over half of its annual sales. The enterprise value to sales ratio of 0.76 shows that ASO is valued at less than its total sales when considering its debt and cash.

ASO's strategic initiatives, such as the launch of the Jordan Brand, mark significant progress for the company. CEO Steve Lawrence emphasized this as the biggest brand introduction in the company's history. Additionally, ASO returned $108 million to shareholders through share buybacks and dividends, demonstrating a commitment to shareholder value. The company's current ratio of 1.78 suggests it has a good level of liquidity to cover short-term liabilities.